05:50 AM EDT, 05/13/2025 (MT Newswires) -- Coinbase Global ( COIN ) will replace Discover Financial Services ( DFS ) in the S&P 500, effective before market open May 19, S&P Global (SPGI) division S&P Dow Jones Indices said late Monday. Discover Financial is set to be acquired by Capital One Financial ( COF ) in a deal expected to...

On Monday, Stephanie Pomboy, the founder of macro research firm MacroMavens, rained on Wall Street’s victory parade following the trade war de-escalation between the U.S. and China. What Happened: Referring to the rally as a “headline sugar rush,” Pomboy believes the market is misreading the situation. “To listen to the financial media, you’d think it was the final agreement, and...

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures down: Dow 0.23%, S&P 500 0.45%, Nasdaq 0.54% May 13 (Reuters) - U.S. stock index futures were down on Tuesday, pulling back after a sharp rally fueled by a U.S.-China trade truce, as investors turned their focus to...

(Reuters) -U.S. stock index futures were down on Tuesday, pulling back after a sharp rally fueled by a U.S.-China trade truce, as investors turned their focus to a key U.S. inflation reading that could shape the outlook for monetary policy. April consumer price inflation (CPI) is due at 8:30 a.m. ET, with economists polled by Reuters expecting a 0.3% monthly...