U.S. Stocks Set For Rebound Ahead of Inflation Data

U.S. stocks looked set to resume their recent push higher on Thursday, with equity futures rising amid signs the U.S. and China are open to discussing their trade dispute in high-level negotiations, potentially heading off a global trade war.

Traders were also looking ahead to inflation data, which could help steer the Federal Reserve’s interest-rate policies.

Futures for the Dow Jones Industrial Average rose 103 points, or 0.4%, to 24,794, while those for the S&P 500 index gained 9.40 points, or 0.3%, to 2,783.50. Futures for the Nasdaq-100 index rose 26.75, 0.4%, to 7,279.75.

The premarket gains come after a selloff on Wednesday, when U.S. stocks snapped a four-session winning streak as the Trump administration announced plans to impose another round of tariffs on Chinese goods. The Dow ended 0.9% lower, while the S&P fell 0.7% and the Nasdaq Composite Index shed 0.6%.

Source : Market Watch

PT Bestprofit Futures – MARKET
Sumber : bpfnews.com

Stocks struggle amid ongoing trade concerns, but Apple leads tech rebound

U.S. stocks mostly fell on Monday, opening the third quarter of 2018 on a negative note as trade tensions between the U.S. and its major trading partners continued to show signs of escalating.

The Dow Jones Industrial Average fell 85 points, or 0.4%, to 24,185. The S&P 500 lost 4 points to 2,715, a decline of 0.1%. The Nasdaq Composite Index was at break-even levels at 7,513.

Trading could be volatile this week, as some market participants will be out of the office for the Fourth of July holiday, for which markets will be closed on Wednesday. Lower trading volume can exacerbate day-to-day swings.

Source: Marketwatch

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Sumber : bpfnews.com

U.S. stocks close higher as tech leads modest rebound

U.S. stocks closed modestly higher on Tuesday, in a partial rebound from the previous session’s sharp decline, with technology stocks among the biggest gainers of the day.

The Dow Jones Industrial Average rose 0.1% to 24,281. The blue-chip average closed slightly under its 200-day moving average, which it closed beneath on Monday for the first time in two years. Investors are closely watching the level, which is used as a gauge of long-term momentum. The S&P 500 gained 0.2% to 2,723.

The Nasdaq Composite Index rose 0.4% to 7,562. Among notable movers on the day, Apple Inc. rose 1.2% while Facebook Inc. added 1.4%. Elsewhere, General Electric Co. spiked 7.8% in its biggest one-day percentage gain since April 2015 after it said it plans to spin off its health-care business and unload its ownership in oil-services company Baker Hughes.

Source: Marketwatch

PT Bestprofit Futures – MARKET
Sumber : bpfnews.com

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