Stock futures are indicating a mostly lower start to the trading week as investors brace for a packed schedule, including congressional testimony from Federal Reserve Chairman Jerome Powell and the release of the monthly U.S. jobs report. New Additions to S&P 500 Exciting news for investors as Super Micro Computer and Deckers Outdoor are set to join the prestigious S&P … [Read more...] about Stock Market Weekly Update
earnings reports
U.S. Stocks Set to Rise as Tech Earnings Take the Stage
U.S. stocks are expected to see a boost on Monday as major technology companies gear up to release their earnings reports. The market is anticipating an active week, with nearly a third of S&P 500 companies scheduled to share their financial results. Oil Prices Take a Dip Crude oil futures experienced a slight decline, with West Texas Intermediate (WTI) falling by 0.3% to … [Read more...] about U.S. Stocks Set to Rise as Tech Earnings Take the Stage
Dell Technologies Posts Better-Than-Expected Q2 Results
Dell Technologies had an impressive second quarter, exceeding expectations in both its PC and enterprise infrastructure businesses. This positive news aligns with a wave of encouraging earnings reports from various technology sector companies, such as Salesforce.com, Okta, CrowdStrike, Ciena, and Hewlett Packard Enterprise. Notably, Dell's performance stands in stark contrast … [Read more...] about Dell Technologies Posts Better-Than-Expected Q2 Results
Stock Futures Lower after Labor Day Holiday
Stock futures began the shortened week on a downward trend following the Labor Day holiday. The futures for the Dow Jones Industrial Average were down by 70 points or 0.2% after the index gained 115 points on Friday to finish at 34,837. Similarly, S&P 500 futures fell by 0.3%, while the tech-heavy Nasdaq saw a decline of 0.5%. Potential Market Movers on Tuesday Here are … [Read more...] about Stock Futures Lower after Labor Day Holiday
