U.S. stock index futures were subdued on Friday as investors awaited producer prices data that could offer more clarity on the Federal Reserve's rate hike path.
September S&P 500 futures (ESU23) are trending down -0.04% this morning after three major U.S. benchmark indices finished the regular session slightly higher as market participants digested milder-than-feared U.S. consumer inflation report while also bracing for crucial U.S. PPI data.
What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.18%. Stocks on Thursday closed slightly higher, with the Dow...
Wall Street's main indexes finished flat on Thursday, giving up most early gains on milder-than-feared inflation data as investors worried about the U.S. economy's longer-term prospects and whether stocks had further room to run.
Wall Street's main indexes closed flat on Thursday, giving up most early gains on milder-than-feared inflation data as investors worried about the U.S. economy's longer-term prospects and whether stocks had further room to run.
Wall Street's main indexes gave up early gains to trade mostly flat on Thursday, as initial optimism over milder-than-feared inflation data gave way to longer-term concerns about the state of the U.S. economy and whether stocks had much room to run.
What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.18%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.01%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.16%. Today’s benign U.S. July CPI report bolstered the outlook...
What happened
Shares of Alibaba (NYSE: BABA) were moving higher today after the Chinese tech giant posted better-than-expected results in its first-quarter earnings report, showing signs that its long malaise through a government crackdown and a sluggish Chinese economy may be co
Wall Street rose on Thursday after milder-than-feared July consumer prices data fueled hopes the Federal Reserve could leave interest rates unchanged next month.
What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.93%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.90%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.22%. Stocks this morning are moderately higher, with the Dow...
Earnings season has turned to Alibaba (BABA), one of China’s biggest firms. The major e-commerce company reported a net profit for the first quarter, a 51% year-over-year increase. That result comes from a combination of higher revenue, business momentum, and overall operating efficiency growth. BABA’s strong performance not only has implications for its own outlook, [...]
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Wall Street rose on Thursday after milder-than-feared July consumer prices data fueled hopes the Federal Reserve could leave interest rates unchanged next month.
Alibaba (BABA) closed the last trading session at $94.85, gaining 0.9% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean
In this video, I will talk about Alibaba (NYSE: BABA), review its recent earnings report, and explain why the momentum might finally be with Alibaba's shareholders after yet another quarter of good execution.
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are con
(RTTNews) - Chinese e-commerce giant Alibaba Group Holdings Ltd. (BABA) reported Thursday net income for the first quarter that surged 51 percent from last year, driven revenue growth across all operating segments as well as lower costs and expenses.
Consumer stocks were gaining premarket Thursday as the Consumer Staples Select Sector SPDR Fund (XLP) was 0.4% higher and the Consumer Discretionary Select Sector SPDR Fund (XLY) was up 0.8% recently.
Wall Street was set to open higher on Thursday after milder-than-feared July consumer prices data fueled hopes the Federal Reserve could leave interest rates unchanged next month.