U.S. Stock Futures Dip After Trump Announces 35% Tariff on Canada
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On Thursday, the S&P 500 and the Nasdaq closed at record highs, up 0.3% and 0.1%, respectively. Also, the Dow Jones rose 0.4%. These gains came despite renewed trade concerns. Delta Air Lines' (DAL) strong earnings and Nvidia's (NVDA) record-breaking $4 trillion valuation helped fuel optimism.
Looking ahead, investors await the Treasury Department's monthly treasury statement, scheduled for release at 2 p.m. EDT on Friday.
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San Francisco Chronicle
17 minutes ago
- San Francisco Chronicle
Asian shares retreat, tracking tech losses on Wall Street
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CNBC
18 minutes ago
- CNBC
How tourists are weathering geopolitical uncertainty, currency moves and extreme heat
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Smith said the British pound to euro conversion rate has remained relatively stable, and the familiarity many tourists have with mainland Europe works in the region's favor. "Greece and Turkey also remain firm favourites, even with seasonal wildfire headlines, thanks to their compelling mix of history, hospitality, and value for money," he said. But, Smith also noted that "Turkey has found itself in a slightly tricky predicament. Inflation has pushed up prices, however as most people book all inclusive, it is somewhat mitigated." Still, there has been a growing trend of consumers swapping heat for cooler destinations as part of so-called "coolcations," Smith said. This includes travelers now turning to countries such as Iceland, Norway and Poland. 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Business Insider
34 minutes ago
- Business Insider
U.S. Stock Futures Down as Investors Await Fed Minutes and Retail Earnings
U.S. stock futures were down Tuesday night as investors prepared for earnings reports from major retailers and the release of the Federal Reserve's latest meeting minutes. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 Index (SPX) were down 0.05%, 0.01%, and 0.03%, respectively, at 6:38 p.m. EDT on August 19. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. This follows a mixed performance in Tuesday's regular trading session. The S&P 500 and Nasdaq Composite witnessed a 'risk-off' day, falling 0.6% and 1.5%, respectively. In contrast, the Dow managed a slight gain, boosted by a post-earnings rally in Home Depot (HD) shares. Looking ahead, investors will also be closely monitoring remarks from Fed Chair Jerome Powell on Friday for further clues on the direction of interest rates. Before the Fed minutes are released, traders will also be focused on a series of pre-market earnings reports from retail giants, including Lowe's (LOW), Target (TGT), and TJX Cos (TJX).
