financetom
Market
financetom
/
Market
/
Investor Sentiment Stabilizes After Tech Rally, Stifling US Equity Futures Pre-Bell
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Investor Sentiment Stabilizes After Tech Rally, Stifling US Equity Futures Pre-Bell
Jan 7, 2025 5:35 AM

08:09 AM EST, 01/07/2025 (MT Newswires) -- US equity futures were little changed premarket Tuesday, with investor sentiment stabilizing after a rally in technology stocks.

The Dow Jones Industrial Average futures rose 0.2%, S&P 500 futures increased 0.2%, while Nasdaq futures flatlined.

Technology stocks got a boost Monday after Microsoft ( MSFT ) President Brad Smith unveiled Friday the company's plan to invest $80 billion in fiscal 2025 to build artificial intelligence-enabled data centers.

Oil prices were higher, with front-month global benchmarks North Sea Brent crude up 0.8% at $76.92 per barrel and US West Texas Intermediate crude 0.6% higher at $74.02 per barrel.

US trade deficit, scheduled for release at 8:30 am ET, is seen widening to $78.3 billion in December from $73.8 billion in the prior month, according to estimates compiled by Bloomberg.

The Institute for Supply Management Services index, due at 10 am ET, is seen rising to 53.5 in December from 52.1 previously. Forecasters see job openings based on the US Department of Labor's Job Openings and Labor Turnover Survey dropping to 7.73 million in November from 7.74 million previously.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US STOCKS SNAPSHOT-Wall Street opens higher after retail sales data, Fed decision in focus
US STOCKS SNAPSHOT-Wall Street opens higher after retail sales data, Fed decision in focus
Sep 17, 2024
Sept 17 (Reuters) - Wall Street's main indexes opened higher with the benchmark S&P 500 close to its intraday record high, ahead of the Federal Reserve's policy meeting starting on Tuesday, after data signaling a healthy consumer allayed worries of a sharp slowdown in the U.S. economy. The Dow Jones Industrial Average rose 101.7 points, or 0.24%, at the open...
Nasdaq Surges 100 Points; US Retail Sales Beat Estimates
Nasdaq Surges 100 Points; US Retail Sales Beat Estimates
Sep 17, 2024
U.S. stocks traded higher this morning, with the Nasdaq Composite gaining around 100 points on Tuesday. Following the market opening Tuesday, the Dow traded up 0.13% to 41,676.05 while the NASDAQ rose 0.57% to 17,693.20. The S&P 500 also rose, gaining, 0.28% to 5,648.81. Check This Out: How To Earn $500 A Month From FedEx Stock Ahead Of Q1 Earnings...
EMERGING MARKETS-Latam FX drop ahead of all-important Fed rate verdict
EMERGING MARKETS-Latam FX drop ahead of all-important Fed rate verdict
Sep 17, 2024
* Mexico's judicial reform stokes investor fears; analysts bullish * Brazil policy decision due on Wednesday * Latam FX flat, stocks creep 0.1% higher By Ankika Biswas Sept 17 (Reuters) - Most Latin American currencies fell against the dollar on Tuesday, as investors grew cautious at the start of a two-day Federal Reserve monetary policy meeting that would be crucial...
Sector Update: Energy Stocks Gain Premarket Tuesday
Sector Update: Energy Stocks Gain Premarket Tuesday
Sep 17, 2024
09:27 AM EDT, 09/17/2024 (MT Newswires) -- Energy stocks were edging higher premarket Tuesday, with The Energy Select Sector SPDR Fund ( XLE ) up 0.2%. The United States Oil Fund ( USO ) was down 0.1% and the United States Natural Gas Fund ( UNG ) was 1.1% higher. Front-month US West Texas Intermediate crude oil was up 0.3%...
Copyright 2023-2025 - www.financetom.com All Rights Reserved