Investing.com - U.S. stock index futures rose on Tuesday as investors weighed mixed signals surrounding renewed Middle East peace talks while awaiting quarterly results from Elon Musk’s SpaceX, with semiconductor shares finding support from another round of upbeat AI-related earnings.
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SpaceX stock was lower in premarket trading on Monday. July was a brutal month for the company's shares.
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AI optimism pushed U.S. stock futures higher and drove the volatile Kospi to its biggest daily rise on record in Korea, while Europe’s tech stocks also rallied.
Stocks looked set to open higher on Thursday as investors weighed up earnings reports from Microsoft and Meta Platforms, which came just hours after Federal Reserve Chairman Kevin Warsh’s press conference triggered a brutal market selloff.
The stock market sold off as oil prices surged on Trump's Iran threats. Microsoft, Meta and Fortinet were key earnings movers late.
After a brief relief rally, stock market selling accelerated again heading into the close. The Dow Jones Industrial Average sank 1,000 points, or 1.9%. The S&P 500 fell 1%. The Nasdaq dropped 0.9%. The S&P and Nasdaq both were on pace to mark intraday comebacks but lost steam as traders digested the latest updates from Federal Reserve Chairman Kevin Warsh.
AI Stock Rally Faces Reality Check as Earnings Beats Fall Flat
During an interview with Fox News on Wednesday, Trump warned that the United States will be “hitting Iran hard” following the attack on U.S. bases in Jordan.
The latest oil spike was sending the Dow tumbling, but the Federal Reserve’s interest-rate decision and a gauntlet of earnings loom. The Dow Jones Industrial Average fell 700 points, or 1.3%. The S&P 500 was down 0.
Caterpillar's strong order and backlog growth are likely to slow in 2027 and 2028, Baird projected on Wednesday, highlighting the recent New York data center moratorium as an example of growing state and local regulatory pushback. CAT stock dragged the Dow Jones into the red before Wednesday's open, as S&P 500 futures pointed higher. Baird downgraded CAT to neutral from outperform, cutting its price target to 900 from 1,200, according to The Fly investment news site.
Investors braced for a Fed decision, a flood of earnings, and a potential reescalation in the war with Iran.
Well-received earnings from Unilever, Croda and GSK spurred gains on the blue-chip FTSE 100.
Dow futures climbed more than 500 points Monday as Brent crude slid toward $85 a barrel ahead of a Fed rate decision Wednesday
Wall Street stocks are predicted to open sharply higher on Monday as a pause in US and Iranian attacks sent oil prices tumbling ahead of a massive week for markets, including a Federal Reserve meeting and earnings from several tech megacaps. Dow Jones futures were up 568 points, or 1.1%,...
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