U.S. Stock Futures Point to Gains on Easing Geopolitical Concerns, Cisco Results

U.S. stock-index futures were modestly higher on Thursday, suggesting a rebound from the previous session’s sharp decline as the ongoing currency crisis in Turkey showed signs of stabilizing and optimism grew that progress was being made on trade policy.

Futures for the Dow Jones Industrial Average rose 92 points, or 0.4%, to 25,277, while futures for the S&P 500 were up 8 points to 2,829.50, a rise of 0.3%. Futures for the Nasdaq-100 added 34 points, or 0.5%, to 7,408.25. The Nasdaq could get a boost from technology stocks, following better-than-expected results from industry bellwether Cisco.

Source : Marketwatch

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U.S. stocks open lower as geopolitical concerns resurface

U.S. stocks opened slightly lower on Monday as investors grappled with a fresh round of tweets from President Donald Trump aimed at Iran, which overshadowed positive corporate earnings.

The S&P 500 was off by a point at 2,800. The Dow Jones Industrial Average opened 18 points, or 0.1%, lower to 25,036. The Nasdaq Composite Index was down by 8 points, or 0.1%, at 7,811 at the open.

Among the biggest gainers on the S&P 500, shares of Hasbro Inc. jumped 11% after it reported second-quarter results that easily topped forecasts.

Source: Marketwatch

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Sumber : bpfnews.com

European stocks open lower as geopolitical, economic concerns rise

European markets open Monday’s session on a negative note, mimicking weaker trading in markets overseas.

The pan-European Stoxx 600 was off by 0.14 percent at 385.04 with almost every sector trading in red.

A sea of red is expected in Europe on Monday, following their counterparts in the Asia-Pacific region on the back of President Donald Trump’s remarks last week about the Federal Reserve and geopolitical tensions. Speaking to CNBC last Thursday, the president said he was “not thrilled” about rising interest rates, and expressed concern that the U.S. central bank could upset the economic recovery.

During the same interview, Trump also spoke about trade and his relationship with Russia and its President Vladimir Putin. Trump came under fire for refusing to criticize Putin during a recent summit in Helsinki, yet on Thursday, he told CNBC that if dealings with Russia don’t pan out, he will become Putin’s “worst enemy”.

Source : CNBC                     

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