Cnn stock futures
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CNN Business' expert reporters lead you through the latest news in the fast-changing world of global markets, with sharp insights, essential context, and exclusive interviews so you can make the most of the business day ahead. Why you can feel good about your job prospects for a while longer Before The Bell Plus, Warren Buffett speaks and investors listen. US stock futures are slipping a little. Markets in Europe are mostly weaker while in Asia the maior markets ended mixed. Plus, home sales and prices rose in January as eager homebuyers returned to the market. US stock futures are inching higher after Wall Street notched up new records Thursday.
Cnn stock futures
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Nessa Anwar. Travel recovery in Asia-Pacific: The numbers don't tell the full story.
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Today's close marked the end of the second quarter, during which investors grappled with the uncertainties of geopolitical unrest, high levels of inflation, Covid lockdowns and a hawkish Federal Reserve. As stocks settle after the trading day, levels might still change slightly. After plunging more than points, the Dow is well off its lows, down only points, or 0. The Nasdaq is still down 0. Markets this year have been roiled by a number of unfriendly headwinds: Russia's war in Ukraine, Covid lockdowns in China, surging inflation and aggressive rate hikes by the Federal Reserve. All of these factors have fueled investor fears of a recession, causing a rush to the exits. The index is on track to have its worst June since and its worst quarter since , with all 11 sectors in the red. In short, things are looking dire.
Cnn stock futures
US stocks plummeted in their worst day since June 11, after key August inflation data ticked upward, surprising investors. The market is worried that hotter-than-expected inflation will prompt the Federal Reserve to raise interest rates more aggressively, inflicting serious damage to the US economy in the process. The Dow was down points, or 3. The Nasdaq Composite tumbled 5. As stocks settle after the trading day, levels might still change slightly. The end of the trading day will temporarily stop the selling. But investors have another inflation report to fear? The US government will release figures for the producer price index, which measures prices at the wholesale level Economists are anticipating more inflationary numbers. The forecast is for a year-over-year increase of 8.
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Asia ended mostly higher, including a sizeable gain for the Nikkei, which hit a year high. Unusual Volume. Quick Links U. These are the 10 U. Japan's Nikkei extends rally to new all-time highs; China's nine-day winning streak ends. Plus, Apple launches its first sports app. The Quad is going beyond military exercises — and China is watching. Here are the names to watch. Asia had a mixed session, with stocks in Shanghai and Hong Kong getting a modest lift from the biggest ever cut to a key Chinese interest rate. Mike Winters. Gili Malinsky.
Nothing like some good ol' bipartisanship to get Wall Street's motor running.
Why you can feel good about your job prospects for a while longer Before The Bell Plus, Warren Buffett speaks and investors listen. Iran has a large ballistic missile arsenal. Top 10 U. Why a coup in Guinea was felt around the world. In Europe, most major markets are making gains. Wall Street relearns the same old lesson: Don't fight the Fed! China opposes U. Plus, Apple launches its first sports app. Xiaomi bets big on its new EV — targets 20 million premium users. In Asia, Japan's Nikkei set a new record high for the first time since
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