Oil futures fell Wednesday, with worries about growing supply amid a price war between Saudi Arabia and Russia outweighing support from an agreement on a $ 2 trillion U.S. economic stimulus program. Weekly data from the Energy Information Administration, meanwhile, revealed a smaller-than-expected weekly climb in U.S. crude inventories, but …
Read More »Market Snapshot: Dow futures plunge as coronavirus slams market, Fed official warns unemployment could hit 30%
U.S. stock-index futures fell by the most allowable for the day Sunday evening as the cases of coronavirus globally neared 330,000 and the market appeared unhappy with a lack of government action to address the current and expected fallout from the COVID-19 pandemic. On top of that, a U.S. central …
Read More »Futures Movers: Oil prices stage rebound after days of relentless selling
Oil prices bounced off their lowest levels in 20 years on Thursday, as investors absorbed a huge influx of central bank and government support measures against economic fallout from the coronavirus and Russia indicated it would like to see higher prices. The front-month April West Texas Intermediate crude contract CLJ20, …
Read More »Market Snapshot: Stock futures struggle for traction at the end of a miserable week for Wall Street
U.S. stock futures were pointing at a rebound attempt for Wall Street on Friday, after a week of dramatic losses across the globe. The S&P 500 and Nasdaq Composite joined the Dow Jones Industrial Average in bear-market territory Thursday, commonly defined as a decline of at least 20% from a …
Read More »Market Snapshot: Stock futures slide after Tuesday’s rebound
U.S. stock futures slid early Wednesday, suggesting more volatility when trading begins Wednesday, following two roller-coaster days on Wall Street. What are the major indexes doing? Dow Jones Industrial Average futures YMH20, -2.23% were last down around 700 points, or 2.8%. S&P 500 futures ESH20, -2.33% and Nasdaq-100 …
Read More »Market Snapshot: U.S. stock futures fall as crude oil prices plunge 30% on price-war fears
U.S stock futures and crude oil prices plunged in electronic trading late Sunday, as fears of a global oil-price war combined with coronavirus fears to rattle traders. Dow Jones Industrial Average futures YM00, -4.86% were last down more than 1,100 points as S&P 500 futures ES00, -4.89% and Nasdaq Composite …
Read More »Market Snapshot: U.S. stock futures sink, suggesting the worst isn’t over for Wall Street
U.S. stock market futures fell sharply shortly after electronic trading began late Sunday, suggesting further losses when trading begins Monday, following the worst week on Wall Street since 2008. Dow Jones Industrial Average futures YM00, -1.24% fell more than 300 points, and S&P 500 futures ES00, -1.22% and Nasdaq …
Read More »Market Snapshot: A pause after the plunge? U.S. stock futures rise, suggesting Tuesday gains
Stocks on Wall Street plunged Monday, but futures trading suggests a rebound — or a least a respite — on Tuesday. Dow Jones Industrial Average futures YM00, +0.73% rose more than 200 points on Tuesday, while S&P 500 futures ES00, +0.84% gained 0.8% and Nasdaq Composite futures NQ00, +1.20% …
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