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Reuters
06-08-2025
- Business
- Reuters
S&P 500, Dow futures buoyed by earnings, Fed rate cut hopes
Aug 6 (Reuters) - S&P 500 and Dow futures climbed on Wednesday, as investors assessed a fresh round of corporate earnings, while renewed optimism that the Federal Reserve will soon deliver long-awaited interest rate cuts kept markets buoyant. At 6:59 a.m. ET, S&P 500 E-minis were up 14.25 points, or 0.23%, Nasdaq 100 E-minis were up 12.75 points, or 0.06%, and Dow E-minis were up 151 points, or 0.34% Advanced Micro Devices (AMD.O), opens new tab dropped 6.7 % in premarket trading after the chipmaker reported disappointing revenue from data center, an artificial intelligence chip segment that investors have been betting for higher growth. AI server maker Super Micro (SMCI.O), opens new tab also underwhelmed as it missed fourth-quarter revenue estimates, sending its shares plunging 17%. Shares of rivals Dell Technologies (DELL.N), opens new tab and HP Enterprise (HPE.N), opens new tab fell 3% and 1.1%, respectively. Uber (UBER.N), opens new tab slipped 2% despite unveiling a $20 billion stock buyback program and forecasting third-quarter bookings above Wall Street estimates. Walt Disney (DIS.N), opens new tab posted better-than-expected quarterly results and raised its full-year earnings guidance, but its shares fell 1.5%. Airbnb , DoorDash (DASH.O), opens new tab and Lyft (LYFT.O), opens new tab will report after the market closes. "Sectors more exposed to tariffs and regulatory changes are seeing negative earnings revisions as well as weaker guidance," said Nicole Inui, head of equity strategy at HSBC Americas. "We expect a more substantial hit in the third quarter," and "earnings growth to slow in the second half reflecting tariff pressure and a weaker economy." Wall Street's early rally fizzled out on Tuesday, with stocks closing lower after a surprise stall in U.S. services sector activity and the sharpest spike in input costs in nearly three years - clear signs of mounting pressure from President Donald Trump's tariffs. The fallout from the trade war was evident in disappointing results from Yum Brands (YUM.N), opens new tab, Caterpillar (CAT.N), opens new tab and Marriott (MAR.O), opens new tab. This setback followed last week's troubling jobs report, which showed slowing employment growth and downward revisions for previous months - fueling concerns about a weakening labor market. As a result, traders are now betting heavily on a September Fed rate cut, with odds soaring to 87.5% from just 46.7% last week, according to CME Group's FedWatch tool, and many expect at least two cuts by the end of 2025. Trump's tariff threats showed no signs of easing. The president on Tuesday said he would impose a "small tariff" on pharmaceutical imports before hiking it to triple-digit percentage in a year or two. Trump also announced plans for new levies on semiconductors and chips in the "next week or so." Adding to the uncertainty, Trump will decide on a nominee to replace outgoing Fed Governor Adriana Kugler by the end of the week, while saying he narrowed the possible replacements for Fed Chair Jerome Powell to a short list of four. Economies worldwide were still scrambling to strike favorable deals with Washington. Beijing's trade truce with the U.S. is set to expire on August 12, as the world's two largest economies move toward an agreement. Among other movers, Arista Networks (ANET.N), opens new tab jumped 12.6% after the cloud networking firm forecast third-quarter revenue above analysts' estimates. San Francisco Fed President Mary Daly, Boston Fed chief Susan Collins and Fed Board Governor Lisa Cook are scheduled to speak later in the day.
Business Upturn
30-07-2025
- Business
- Business Upturn
U.S. futures edge up, Asian markets recover from lows ahead of Fed decision
Asian equity markets opened on a muted note today, though a mild recovery was seen from early lows during the morning session. Investors across global markets are treading cautiously ahead of the U.S. Federal Reserve's upcoming interest rate decision, while digesting a heavy batch of corporate earnings. U.S. stock futures edged higher in early trade, with Dow Futures up 42 points (+0.09%) at 44,675, Nasdaq Futures gaining 41 points (+0.17%) at 23,349, and the US Small Cap 2000 Futures advancing 9 points (+0.41%) to 2,252. This comes after the Dow Jones Industrial Average fell 205 points (-0.46%) and the Nasdaq Composite declined 80 points (-0.38%) in the previous session, snapping recent winning streaks. European futures showed mild gains with Germany's DAX Futures up 21 points (+0.09%) and UK's FTSE Futures climbing 17 points (+0.18%). In Asia, South Korea's KOSPI rose 22 points (+0.70%) and Taiwan's Taiex Futures jumped 176 points (+0.77%), indicating resilience in regional sentiment. However, Hong Kong's Hang Seng Futures dipped 109 points (-0.43%) while Japan's Nikkei Index remained flat, slipping just 10 points (-0.02%). Back home, Gift Nifty—India's indicator for near-term equity direction—was marginally lower by 15 points (-0.06%) at 24,824 (adjusted), hinting at a cautious start for Indian equities. Investors globally are bracing for the Fed's rate guidance amid ongoing inflation concerns and watching for cues on the trajectory of economic growth and liquidity in the coming quarters. Ahmedabad Plane Crash Arunika Jain, a graduate in Mass Communication, brings a fresh perspective to the world of journalism. Arunika has a passion for writing finance and corporate news at You can write to her at [email protected]
Time of India
22-07-2025
- Business
- Time of India
U.S. stock market futures dip slightly today — is this the calm before the Big Tech earnings storm as Wall Street awaits Tesla, Microsoft, and Alphabet results?
How are stock market futures performing today? Index Current Level Change Trend Dow Futures 44,450 –90 pts 🔻 –0.20% S&P 500 Futures 6,338 –6 pts 🔻 –0.10% Nasdaq Futures 23,310 –30 pts 🔻 –0.13% Russell 2000 2,240 –2 pts 🔻 –0.09% Live Events Which stocks are rising sharply today? Ticker Company Price Change AIRE reAlpha Tech Corp $0.85 🔼 +347% OPEN Opendoor Technologies $3.21 🔼 +42.7% ALAB Astera Labs $121.89 🔼 +19.35% CLF Cleveland-Cliffs $10.66 🔼 +12.45% RXRX Recursion Pharmaceuticals $6.40 🔼 +9.59% Why it matters: Retail traders are driving sharp momentum in speculative names. Astera Labs continues its upward trajectory amid strong AI-sector demand. Which stocks are sliding the most? Ticker Company Price Change MFH Mercurity Fintech $2.20 🔻 –57.4% TWG Top Wealth Group $6.35 🔻 –34.1% ATHR Aether Holdings $10.21 🔻 –21.8% BNED Barnes & Noble Education $8.87 🔻 –21.0% QS QuantumScape $12.52 🔻 –14.5% Context: The steep selloffs in low-volume names reflect growing profit-taking and speculative risk-off behavior. What's driving the market today? 1. Big Tech earnings ahead Microsoft, Alphabet, and Tesla are scheduled to report this week. Traders are pricing in high expectations after strong early results from TSMC and Equifax. Equifax rose 2.5% after announcing a $3 billion buyback and 7% revenue growth. 2. Treasury yields rise again The 10-year yield is near 4.38% , up slightly from last week. , up slightly from last week. Higher yields reduce the present value of future earnings—especially hurting high-growth tech stocks. 3. Tariff concerns linger The August 1 deadline for additional U.S. tariffs is fast approaching. for additional U.S. tariffs is fast approaching. Wall Street is still digesting the shock of the April 'Liberation Day' tariffs, which triggered a sharp pullback. 4. Low volatility… for now The VIX remains near 16.5 , well below panic levels. , well below panic levels. But individual stock volatility (especially tech) is climbing, suggesting undercurrents of instability. 5. Institutional cash levels hit 3.9% According to Bank of America, institutional cash levels are at their lowest since 2021 . . Historically, such levels have preceded short-term pullbacks of 2% or more in the S&P 500. What are investors watching closely? Focus Area Market Impact Earnings Reports Microsoft, Tesla, and Alphabet could swing sentiment Bond Yields If they stay elevated, they'll weigh on equities Tariff Timeline August 1 trade decision is a major wildcard Cash Positioning Too much risk-on could mean sharp reversals Vol-Control Funds De-risking flows may pressure momentum stocks Key Index Data from Monday's Close Index Value Change Year-to-Date S&P 500 6,350.12 🔼 +0.19% +18.4% Nasdaq 100 23,340.51 🔼 +0.52% +27.1% Dow Jones 44,531.92 🔼 +0.04% +9.7% Russell 2000 2,242.89 🔻 –0.40% +4.1% Calm before the earnings storm Bullish investors are looking for strong earnings to extend gains. are looking for strong earnings to extend gains. Bearish traders point to stretched valuations, low cash reserves, and volatility brewing under the surface. What should traders consider now? Watch earnings closely : Tesla, Microsoft, and Alphabet results could set the tone for the rest of the quarter. : Tesla, Microsoft, and Alphabet results could set the tone for the rest of the quarter. Avoid overexposure to mega-caps : The market is top-heavy and vulnerable to negative surprises. : The market is top-heavy and vulnerable to negative surprises. Look for dips in quality names : Morgan Stanley suggests buying selective 5–10% pullbacks. : Morgan Stanley suggests buying selective 5–10% pullbacks. Consider defensives : Healthcare, utilities, and consumer staples may outperform if volatility returns. : Healthcare, utilities, and consumer staples may outperform if volatility returns. Monitor volatility spikes: Stay nimble with exposure as VIX remains deceptively calm. Frequently Asked Questions on U.S. stock market futures today (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel U.S. stock futures traded slightly lower early Tuesday as investors braced for a flurry of earnings from tech giants and monitored rising trade tensions. After a solid run-up over the past few weeks, markets appear to be taking a breather, with futures reflecting a cautious tone across major Street opened the week with caution as stock futures tread water ahead of major Big Tech earnings and rising trade-related concerns. Investors appear hesitant to push markets higher after a recent rally, with fresh volatility potentially lurking just around the futures traded mostly flat early Tuesday, reflecting cautious sentiment:Markets are in wait-and-watch mode as quarterly earnings from tech heavyweights—including Microsoft, Tesla, and Alphabet—take center stage this small-cap and tech-adjacent stocks posted explosive gains in pre-market action:On the flip side, several names are suffering heavy losses due to weak earnings or profit-taking:Markets are showing signs of restraint after weeks of upward momentum. With Big Tech earnings on deck and trade tensions on the rise, investors are hedging bets while staying alert for key data points that could reset risk of early Tuesday,, and, all showing mild weakness ahead of Big Tech are cautious asreport earnings this week, whileandare keeping risk appetite in check.
Forbes
04-07-2025
- Business
- Forbes
U.S. Futures Slide As Trump Says Tariff Letters Will Be Sent Out Today
U.S. stock futures slumped early on Friday after President Donald Trump said his administration will start sending out letters to trading partners to inform them about the unilateral tariff rate to be imposed on them, which he suggested could be as high as 70%. President Donald Trump speaks with reporters as he arrives on Air Force One, Friday, July 4, 2025, ... More at Joint Base Andrews, Md. (AP Photo/Alex Brandon) Copyright 2025 The Associated Press. All rights reserved All major U.S. futures indexes were hit hard early on Friday, led by the benchmark S&P 500 futures, which dropped nearly 0.6% to 6,288 points. Dow Futures fell 0.5% to 44,865 points, while the tech-heavy Nasdaq Futures dropped by 0.56% to 22,932.25 points. U.S. markets will remain closed on Friday for Independence Day. European stocks also appeared to be hit by news of the unilateral tariffs, as the pan-European STOXX 50 index fell by 0.7% and the London Stock Exchange's FTSE 100 index dropped by 0.3%. Trump told reporters on Thursday that his administration will likely start sending out letters on Friday informing trading partners about the tariff rates they will face starting next month. The president said that '10 or 12' letters are likely to be sent out on Friday, with more letters to follow in the 'next few days.' Trump expects all such unilateral tariff letters to be sent out by July 9, the deadline he had previously set for concluding trade negotiations and ending a 90-day pause on his 'Liberation Day' tariffs. Trump told reporters: 'They'll range in value from maybe 60 or 70% tariffs to 10 and 20% tariffs.' The president, however, didn't specify which countries are likely to receive such letters. What Has Trump Previously Said About Unilateral Tariffs? Last month, Trump said the U.S. was holding trade negotiations with around 15 countries, but noted that the U.S. has '150 plus' trading partners and 'at a certain point, we're just going to send letters out…saying this is the deal, you can take it or leave it.' At the time, Trump had said the letters would go out 'in about a week and a half, two weeks.'
Time of India
24-06-2025
- Business
- Time of India
Top stocks to buy: Nifty could test 25,400 in near-term - check stock recommendations with a 3-month horizon
Top stocks to buy today (AI image) Stock market recommendations: According to Sudeep Shah, Head - Technical Research and Derivatives, SBICAP Securities, Trent and Bharti Airtel are the top stock picks for today. Here's his view on Nifty, Bank Nifty and the top stock picks with a 3-month horizon: Index View: Nifty View G lobal equity markets staged an upside rally after the US President Donald Trump announced a ceasefire agreement between Iran and Israel, easing geopolitical tensions and reviving global risk appetite. This positive sentiment lifted Dow Futures and major Asian indices, which are currently trading higher. Reflecting the global optimism, India's benchmark index Nifty opened with a gap-up on Tuesday and is now hovering near the upper boundary of its ongoing consolidation zone between 25222 and 24462 — a range it has been oscillating within for the past 29 consecutive trading sessions. Technically, the index is trading above both its short-term and long-term moving averages, a sign of underlying strength. Notably, the short-term averages, which had been moving sideways in recent sessions, have now started to slope upwards. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Perdagangkan CFD Emas dengan Broker Tepercaya IC Markets Mendaftar Undo Meanwhile, the daily RSI is approaching the key 60 mark — a development typically viewed as bullish. Given the current chart structure and improving momentum indicators, the index appears poised to continue its northward trajectory. In the near term, it could test levels of 25400, followed by 25550. On the downside, the support zone of 25080–25050 is expected to cushion any pullback. Bank Nifty View: The banking benchmark index, Bank Nifty, has recently found support near its 34-day EMA and has since been trending higher in a gradual but steady manner. It now trades just a stone's throw away from its all-time high levels. All key moving averages are aligned positively, and momentum-based indicators are pointing toward sustained bullish strength in the index. Given the prevailing technical structure, we expect Bank Nifty to extend its upward momentum in the near term and potentially test the 57000 mark, followed by 57500. On the downside, the support zone of 56300–56200 is likely to offer immediate protection against any short-term pullback. Stock Recommendations: TRENT CMP Accumulation Zone Target Stop Loss Return (%) Time Period 6120 6150-6100 6860 5730 12.09% 3-Months The stock marked a low of 4488 in the month of April 2025 and thereafter started marking the sequence of higher tops and higher bottoms along with relatively higher volume. Recently, the stock has started outperforming the frontline indices. The ratio chart of the stock as compared to the Nifty index has given a consolidation breakout on a daily scale. Currently, the stock is trading above its short and long-term moving averages. These averages are in the rising mode, which is a bullish sign. The daily RSI is trading at a 9-month high, which is a bullish sign. Hence, we recommend to accumulate the stock in the zone of 6150-6100 with a stoploss of Rs 5730 level. On the upside, it is likely to test the level of 6860 in the short term. BHARTI AIRTEL CMP Accumulation Zone Target Stop Loss Return (%) Time Period 1936.3 1940-1920 2150 1830 11.03% 3-Months The stock has given a 9-week consolidation breakout on a weekly scale along with relatively higher volume. In addition, on breakout week, it has formed a sizable bullish candle, which adds strength to the breakout. As the stock is trading at all-time high levels all the moving averages and momentum-based indicators are showing strong bullish momentum in the stock. The weekly RSI has formed a strong base near the 60 level and thereafter witnessed a strong rebound, which is a bullish sign as per RSI range shift rules. Hence, we recommend to accumulate the stock in the zone of 1940-1920 with a stoploss of Rs 1830 level. On the upside, it is likely to test the level of 2150 in the short term. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
