Nasdaq futures fall over 1% on inflation worries

FILE PHOTO: People are seen on Wall St. outside the New York Stock Exchange (NYSE) in New York City, U.S., March 19, 2021. REUTERS/Brendan McDermid/File Photo(Reuters) – Futures tracking the Nasdaq dropped more than 1% on Tuesday, pointing to an another day of losses for technology-related stocks with lofty valuations

Futures flat after jobless claims data; drugmakers extend fall

(Reuters) -U.S. stocks were set for a subdued open on Thursday after data showed weekly jobless claims fell more than expected, while vaccine makers came under pressure after President Joe Biden’s plan to back intellectual property waivers on COVID-19 shots.FILE PHOTO: The Wall St. sign is seen near the New

S&P 500 flat after Fed holds steady on rates

FILE PHOTO: A man walks by the Federal Reserve Bank of New York Building in New York City, U.S., April 26, 2021. REUTERS/Shannon Stapleton(Reuters) – The S&P 500 was flat on Wednesday after the U.S. Federal Reserve held interest rates and its monthly bond-buying program steady and gave no sign

Dow, Nasdaq futures drop after mixed tech earnings; Fed meeting eyed

(Reuters) – Futures tracking the Dow and the Nasdaq fell on Wednesday after a mixed batch of earnings from big technology companies, while investors kept a close watch on the U.S. Federal Reserve, which is expected to stick to its promise of keeping monetary policy loose.FILE PHOTO: A man walks

Wall Street treads water as earnings wave nears

(Reuters) – Tepid results from Tesla and 3M weighed on Wall Street on Tuesday as investors focused on an approaching wave of earnings reports from Microsoft, Alphabet and other corporate heavyweights.Slideshow ( 2 images )Electric-car maker Tesla Inc dropped 3% after its quarterly results late on Monday fell short of

Wall Street ticks lower in choppy trading ahead of Fed minutes

(Reuters) – Wall Street’s main indexes dipped in choppy trading on Wednesday as investors cautiously awaited minutes from the Federal Reserve’s meeting last month that could offer clues on the central bank’s views on inflation and an economic recovery.FILE PHOTO: The front facade of the New York Stock Exchange (NYSE)

S&P 500 edges up to touch record for fourth day

NEW YORK (Reuters) -Wall Street was little changed on Tuesday, with the Dow easing but the S&P 500 inching up to hit a record high for a fourth consecutive session, buoyed by more strong U.S. economic data.FILE PHOTO: A U.S flag is seen on the New York Stock Exchange in

S&P 500, Dow at all-time highs after strong jobs data

(Reuters) – The S&P 500 and the Dow hit record highs on Monday as investors cheered strong jobs data and looked for a report on the services sector with signals that 2021 could see the best annual economic growth in nearly four decades.FILE PHOTO: A U.S. flag flies outside The

S&P 500 hits 4,000 on tech power, recovery optimism

(Reuters) – The S&P 500 breached the 4,000 mark for the first time on Thursday, powered by gains in technology shares and optimism about a pickup in global economic activity.FILE PHOTO: A child leaps off a bench outside the New York Stock Exchange (NYSE) in New York City, U.S., March

Wall Street drops as tech stocks hit by spike in yields

(Reuters) – Wall Street’s main indexes slipped on Tuesday as investors pulled out of heavyweight tech-related stocks and flocked to undervalued banks and industrial stocks amid a rise in U.S. bond yields.FILE PHOTO: American flags hang from the facade of the New York Stock Exchange (NYSE) building after the start