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

After blazing U.S. stock rally, some warn of tougher market ahead

NEW YORK (Reuters) – Some of Wall Street’s biggest names are predicting a pause in a rally that has taken the S&P 500 to fresh records this year, leaving investors trying to determine whether to lock in some of the breathtaking gains or stay the course.FILE PHOTO: A Wall St.

Tech stocks push S&P 500 to record close, buoy Nasdaq

(Reuters) – The S&P 500 closed at another record high on Tuesday and the Nasdaq composite index jumped, as investors shook off concerns about the halt in Johnson & Johnson’s COVID-19 vaccine rollout and strong U.S. inflation. The drugmaker’s shares hit a one-month low before recovering some losses to close

Roblox surges to record after Hasbro unveils Nerf partnership

FILE PHOTO: A man photographs a Roblox banner displayed, to celebrate the company’s IPO, on the front facade of the New York Stock Exchange (NYSE) in New York, U.S., March 10, 2021. REUTERS/Brendan McDermid/File Photo(Reuters) – Shares of Roblox Corp surged to a record high on Tuesday after Hasbro Inc

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)

Market close: Travel stocks surge on transtasman bubble announcement

Further selling in Contact Energy and Meridian on the New Zealand sharemarket outweighed sharp gains in stocks benefiting from the introduction of a transtasman travel bubble. There was heavy trading in the leading energy renewable stocks as the offshore exchange trade funds rebalance their weightings in the S&P Global Clean