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Why SpaceX Stock Can Break Its Brutal 4-Week Slump Today
Barrons.com6d agobearish
Why SpaceX Stock Can Break Its Brutal 4-Week Slump Today

SpaceX stock rose early Friday, raising the possibility that shares will end a brutal four-week losing streak that has taken its toll on retail investors. Shares of Elon Musk’s rocket and AI company were up 1.7% at $116.82, while and futures were flat and up 0.1%, respectively. On Tuesday evening, SpaceX reported sales of $7.8 billion and earnings before interest, taxes, depreciation, and amortization, or Ebitda, of $3.5 billion.

US Jobs Report in Focus as Middle East Tensions and Corporate News Shape Markets: Dow Jones, S&P, Nasdaq, Wall Street Futures
InvestorsHub6d agoneutral
US Jobs Report in Focus as Middle East Tensions and Corporate News Shape Markets: Dow Jones, S&P, Nasdaq, Wall Street Futures

US stock futures traded close to unchanged on Friday as investors awaited the latest employment data, a key release that could influence the Federal Reserve’s next interest rate decision. Markets were also monitoring renewed geopolitical tensions in the Middle East following a fresh Houthi attack on Saudi Arabia, while reports suggested Iran and Oman are nearing an agreement over shipping through the Strait of Hormuz.

Dow Futures Fall, Nasdaq Rebounds as Jobs Report Looms
Barrons.com6d agoneutral
Dow Futures Fall, Nasdaq Rebounds as Jobs Report Looms

Investors were in wait-and-see mode early Friday ahead of a July jobs report that will help determine whether the Federal Reserve’s next move is to hike, hold, or even cut interest rates. Nasdaq 100 futures rose 0.4%. Dow Jones Industrial Average futures slid 60 points, or 0.1%.

World shares are mixed after US stocks fall back, while oil rebounds
Associated Press6d agobullish
World shares are mixed after US stocks fall back, while oil rebounds

World shares were mixed Friday after a modest retreat on Wall Street, while the price of Brent crude gained more than 1%. In early European trading, Germany's DAX rose 0.4% to 26,253.77, while the CAC 40 in Paris edged 0.2% higher to 8,715.47. Selling of computer chipmakers and other stocks linked to the boom in artificial intelligence appeared to taper off a bit as Tokyo's Nikkei 225 lost 0.1% to 65,606.71.