Latest news with #S&P500
Business Insider
32 minutes ago
- Business
- Business Insider
U.S. Stock Futures Flat as Investors Brace for Bank Earnings and Inflation Data
U.S. stock futures were near the flatline on Monday evening, as investors await a slew of major bank earnings reports and a key inflation reading this week. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 (SPX) were down 0.06%, 0.1%, and 0.08%, respectively, at 6:14 p.m. EDT on July 14. 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. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Wall Street concluded Monday with gains despite President Donald Trump's new threat of a 30% tariff on goods from the European Union and Mexico, effective August 1. The Dow Jones, the S&P 500, and the Nasdaq Composite climbed 0.2%, 0.1%, and 0.3%, respectively. The earnings season kicks off this week with major banks such as JPMorgan Chase (JPM), Wells Fargo (WFC), and Citigroup (C) scheduled to report on Tuesday. Also, Bank of America (BAC), Goldman Sachs (GS), and Morgan Stanley (MS) are slated to release results on Wednesday. Beyond earnings, investors are looking forward to the release of the June Consumer Price Index (CPI) report. Currently, economists forecast a 0.3% monthly increase and a 2.7% year-over-year headline reading.
News18
an hour ago
- Business
- News18
Stock Market Updates: Sensex Rises Over 150 Points, Nifty Above 25,100; HDFC Bank Top Gainer
Benchmark indices Sensex and Nifty opened on a cautious note today, influenced by a range of global and domestic cues Sensex Today: Benchmark indices Sensex and Nifty are expected to open on a cautious note today, influenced by a range of global and domestic cues. Key factors driving sentiment include India's June retail inflation data, China's second-quarter GDP figures, US inflation numbers, Q1 earnings announcements, US President Donald Trump's renewed tariff threats, trends in institutional investment, primary market activity, and mixed global market signals. India's retail inflation eased more than expected in June, falling to 2.1%, down from 2.82% in May, driven by a favourable base effect and a rare drop in food and beverage prices—the first in over six years. The National Statistics Office (NSO) data showed this was the lowest Consumer Price Index (CPI) reading since January 2019, when inflation stood at 1.97%. In a separate release, the Ministry of Commerce and Industry reported that wholesale inflation, measured by the Wholesale Price Index (WPI), entered negative territory for the first time in 20 months. WPI inflation contracted by 0.13% in June, compared to a 0.39% rise in May, reflecting easing price pressures across categories. Global Cues Asian markets traded higher on Tuesday, buoyed by China's economic data and investor resilience despite uncertainty over US trade policies. Market participants largely shrugged off US President Donald Trump's shifting tariff rhetoric and shifted their focus to key macro data from China. China's economic growth moderated in the second quarter amid sustained trade friction with the US, deflationary trends, and continued weakness in the property market. According to the National Bureau of Statistics, China's GDP grew 5.2% year-on-year in Q2, marginally beating expectations of 5.1%, but slowing from 5.4% in Q1. Retail sales in June rose 4.8% year-on-year, missing projections and slowing from May's 6.4% growth. However, industrial output exceeded expectations, rising 6.8% year-on-year against an estimated 5.7% gain—offering some relief to policymakers looking for signs of industrial recovery. As of the last update, major Asia-Pacific indices were trading in the green. Japan's Nikkei rose 0.4%, while the Topix index advanced 0.3%. South Korea's Kospi gained 0.29%, and Australia's ASX 200 jumped 0.6%, reflecting a positive regional tone ahead of key global earnings announcements. Investors are also keeping a close eye on US inflation data and second-quarter earnings from major Wall Street firms. On Monday, US equities closed slightly higher. The S&P 500 edged up 0.14% to 6,268.56, the Nasdaq Composite gained 0.27% to finish at 20,640.33, while the Dow Jones Industrial Average advanced 0.20%, closing at 44,459.65. Overnight, US stock futures were largely flat. Dow futures slipped 27 points (0.06%), while S&P 500 and Nasdaq 100 futures dipped 0.04% and 0.03%, respectively—suggesting a muted start for Wall Street ahead of crucial data releases. view comments First Published: July 15, 2025, 09:19 IST News business » markets Stock Market Updates: Sensex Rises Over 150 Points, Nifty Above 25,100; HDFC Bank Top Gainer Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Business Insider
an hour ago
- Business
- Business Insider
AppLovin down 3% at $346.62 after Trade Desk S&P 500 inclusion
17:22 EDT AppLovin (APP) down 3% at $346.62 after Trade Desk (TTD) S&P 500 inclusion 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. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Business Insider
an hour ago
- Business
- Business Insider
Robinhood, Ares Management down 0.6% each after Trade Desk S&P 500 inclusion
17:21 EDT Robinhood (HOOD), Ares Management (ARES) down 0.6% each after Trade Desk S&P 500 inclusion 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. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Business Insider
an hour ago
- Business
- Business Insider
Trade Desk jumps 10% to $83.05 after inclusion in S&P 500 index
17:20 EDT Trade Desk (TTD) jumps 10% to $83.05 after inclusion in S&P 500 index 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. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
