Latest news with #Nasdaq100Futures
Mint
4 days ago
- Business
- Mint
Global markets today: UK's FTSE 100 beats March high level; Dow, Nasdaq, S&P 500 futures flat ahead of Wall St. open
Global markets today: The United Kingdom's key benchmark index, the FTSE 100, on Tuesday, 10 June 2025, crosses its March 2025 levels to hit an intraday high of 8,880.12 points due to the improving outlook and the easing global market tensions. Geopolitical tensions around the world are easing. However, stock market investors are focused on the ongoing talks between the US government, Donald Trump's administration, and China amid the raging global trade war on tariffs. The FTSE 100 index hit an intraday high of 8,883.40 points, beating its March 2025 high levels of 8,871.31 points on Tuesday, 10 June 2025. The index was trading 0.54 per cent higher at 8,880.24 points as of 1:15 p.m. (BST), compared to 8,832.28 points in the previous market close. The Dow Jones Futures were trading flat on Tuesday at 42,801 points as of 6:02 p.m. (IST) ahead of the Wall Street open. The Dow Jones Industrial Average closed flat at 42,761.76 points after Monday's trading session, compared to 42,762.87 points at the previous market close. Nasdaq 100 Futures were trading 0.16 per cent higher at 21,856 points, as of 6:07 p.m. (IST) before the US markets opened. The index closed 0.31 per cent higher at 19,591.24 points on Monday, compared to 19,529.95 points at the previous market session. Investors remained cautious in the US stock market as Donald Trump met with China for a second day of the trade talks. (This is a developing story. Please check back for updates.) Check all stories by Anubhav Mukherjee Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Yahoo
27-05-2025
- Business
- Yahoo
US stock futures jump as Trump delays 50% tariffs against the EU
U.S. stock index futures rose sharply on Monday evening as investors were relieved by President Donald Trump postponing plans to impose steep trade tariffs on the European Union. Trading volumes were dull on account of the Memorial Day holiday, although futures pointed to a recovery after Wall Street sank on Friday. Focus this week is also on quarterly earnings from artificial intelligence major NVIDIA Corporation (NASDAQ:NVDA), which are due on Wednesday and set to offer more cues on the fast-growing AI industry. Nvidia's earnings are expected to act as a bellwether for the broader tech sector. S&P 500 Futures rose 1.1% to 5,879.25 points, while Nasdaq 100 Futures rose 1.3% to 21,236.50 points by 19:11 ET (23:11 GMT). Dow Jones Futures rose nearly 1% to 42,069.0 points. Trump said on Sunday evening that he had agreed to postpone his recently proposed 50% tariffs on the EU to July 9, following a seemingly productive call with EU President Ursula von der Leyen. Trump also said that his administration will begin trade talks in earnest with the EU, while Von Der Leyen also flagged improving relations with Washington. The development offered some relief to markets, which were rattled by Trump threatening steep tariffs on the EU on Friday. But markets still remained on edge over Trump also threatening tariffs on Apple Inc (NASDAQ:AAPL) and other smartphone imports, demanding that they be manufactured domestically. Apple shares slid 3% on Friday. The July 9 deadline is also around when Trump's 'reciprocal' tariffs are set to take effect, with focus also on whether major U.S. trading partners can clinch agreements with Washington before the deadline. The S&P 500 fell 0.7% to 5,802.82 points on Friday, while the NASDAQ Composite fell 1% to 18,737.21 points. The Dow Jones Industrial Average fell 0.6% to 41,603.07 points. Nvidia is set to report its fiscal first quarter earnings after the bell on Wednesday, with focus squarely on whether AI demand remained strong. The company is considered a bellwether for global AI demand, especially in the chipmaking sector, and is sitting on a massive valuation spike over the past two years on this position. Nvidia is expected to clock bumper earnings, especially as Wall Street's so-called AI Hyperscalers– its biggest customers– continued to spend heavily on AI over the past three months. Focus will also be on how the company intends to navigate tougher U.S. export controls, which have essentially blocked it from China, which is still a major market for the chipmaker. Related articles US stock futures jump as Trump delays 50% tariffs against the EU Asia stocks muted amid trade caution; Japan recovers on yen weakness China auto stocks take a hit as BYD, Geely offer fresh incentives
Yahoo
20-05-2025
- Business
- Yahoo
China urges U.S. to act 'responsibly' after Moody's downgrade
-- China has urged the United States to adopt responsible economic policies in the wake of Moody's decision to strip the U.S. of its last triple-A credit rating. Speaking at a press briefing Monday, a spokesperson for China's foreign ministry called on Washington to take responsible policy measures to maintain the stability of the international financial and economic system and safeguard the interests of investors, Reuters reported. The comments come after Moody's downgraded the U.S. from 'AAA' to 'Aa1', citing mounting fiscal deficits and rising interest costs. The agency warned that continued political gridlock and a lack of fiscal discipline pose long-term risks to the country's financial stability. 'The first thought to come to mind is: what took you so long?' analysts at Vital Knowledge wrote, noting that Fitch made a similar downgrade in 2023 and S&P acted as far back as 2011. They pointed to the growing U.S. deficit—now unusually high for a full-employment, peacetime economy—as a key justification. Moody's had maintained a perfect rating on U.S. debt since 1917, making the downgrade historically significant. While the impact on Treasury markets may be limited in the short term, the symbolic loss of credibility raises fresh questions about U.S. fiscal governance. U.S. stock futures fell early Monday as investors reacted to Moody's decision to downgrade the nation's credit rating. As of 04:00 ET (08:00 GMT), Dow Jones Futures futures were down 398 points, or 0.9%. S&P 500 Futures dropped 70 points, or 1.2%, while Nasdaq 100 Futures slid 306 points, or 1.4%. Related articles China urges U.S. to act 'responsibly' after Moody's downgrade 'From Tariff Man to Global Salesman' Moody's downgrades U.S. Sovereign Credit Rating amid fiscal pressures Sign in to access your portfolio
Yahoo
08-04-2025
- Business
- Yahoo
U.S. Stock Futures Climb Amid Hopes for Tariff Negotiations
April 8 - U.S. equity futures surged Tuesday following a rollercoaster session on Monday, amid growing uncertainty over President Trump's evolving tariff plans. Dow Jones Futures advanced 735 points (about 1.9%), while S&P 500 Futures climbed 75 points (roughly 1.5%) and Nasdaq 100 Futures jumped 205 points (around 1.2%). Monday's trading saw wild intraday moves that began with steep losses, only to be partially recovered after a report, later debunked, that suggested a potential pause in tariffs. Despite the volatility, the Dow and S&P 500 closed modestly lower, and the Nasdaq edged up slightly. Warning! GuruFocus has detected 3 Warning Signs with NVDA. Heightened fears drove the VIX to levels not seen since the March 2020 sell-off, with trading volumes reaching an 18-year peak at roughly 29 billion shares. Over the past three sessions, the S&P 500 has lost more than 10%. Trump reiterated his commitment to reciprocal tariffs, warning of an added 50% duty on Chinese goods if Washington's trade leverage is not met by China's withdrawal of a 34% tariff by April 8, 2025. Meanwhile, Treasury Secretary Scott Bessent noted that nearly 70 countries, including Japan, have opened tariff negotiations. In related news, The Washington Post reported Tesla (TSLA, Financial) CEO Elon Musk made private appeals to Trump for a tariff reversal, with investors now closely awaiting U.S. Trade Representative testimony before the Senate Finance Committee. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
05-03-2025
- Business
- Yahoo
Dow, S&P 500, Nasdaq Futures Rally--What's Driving the Turnaround?
March 5 - U.S. stock index futures rebounded on Wednesday morning after recent losses sparked by President Trump's tariff measures, Dow Jones Futures climbed 125 points (0.6%), S&P 500 Futures rose 40 points (0.7%), and Nasdaq 100 Futures advanced 160 points (0.8%). The rebound comes after major indices tumbled over the past two sessions. The tech-heavy Nasdaq had nearly reached correction territory following the imposition of 25% tariffs on imports from Canada and Mexico, alongside 20% duties on Chinese goods. These aggressive tariffs prompted swift retaliatory actions from the affected nations, further unsettling investors. U.S. Commerce Secretary Howard Lutnick told Fox Business that President Trump is confident of being able to meet in the middle' with Canada and Mexico on various tariff issues. Rising trade tensions unsettled some about the pace of the economic recovery and the pressure on consumer prices due to US inflation not yet abating -- and this hint at potential negotiations was reassuring. This article first appeared on GuruFocus. Sign in to access your portfolio
