financetom
Market
financetom
/
Market
/
US Equity Markets Close Mixed Tuesday Ahead of March Inflation Report
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US Equity Markets Close Mixed Tuesday Ahead of March Inflation Report
Apr 9, 2024 1:32 PM

04:09 PM EDT, 04/09/2024 (MT Newswires) -- US equity markets ended mixed Tuesday as investors awaited key inflation report in March the next day.

* The US consumer price index is expected to rise 0.3% in March after a 0.4% gain in February, according to a survey compiled by Bloomberg, with the year-over-year rate forecast to accelerate to 3.4% from 3.2% in the previous month.

* Redbook reported that US same-store retail sales were up 5.4% year-over-year in the week ended April 6, faster than a 5.2% gain in the prior week due to spending on seasonal items, particularly graduation and prom events.

* May West Texas Intermediate crude oil closed down $1.16 to $85.27 per barrel, while June Brent crude, the global benchmark, was last seen down $0.92 to $89.46.

* Norfolk Southern ( NSC ) shares rose 1.2% after saying it has agreed to pay $600 million to settle a class action lawsuit pertaining to the February 2023 derailment of one of its trains in East Palestine, Ohio.

* Tilray Brands ( TLRY ) shares dropped 21% after reporting weaker-than-expected revenue growth for fiscal Q3 and tempered earnings forecast for the full year.

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 >
Sector Update: Energy Stocks Edge Higher Premarket Friday
Sector Update: Energy Stocks Edge Higher Premarket Friday
Oct 25, 2024
09:20 AM EDT, 10/25/2024 (MT Newswires) -- Energy stocks were edging higher premarket Friday with the Energy Select Sector SPDR Fund ( XLE ) recently up 0.3%. The United States Oil Fund ( USO ) was up 0.8% and the United States Natural Gas Fund ( UNG ) was 0.9% lower. Front-month US West Texas Intermediate crude oil was 1.3%...
Traders Eye Next Week's Tech Earnings Slate, Driving Narrow Premarket Gains for US Equity Futures
Traders Eye Next Week's Tech Earnings Slate, Driving Narrow Premarket Gains for US Equity Futures
Oct 25, 2024
08:26 AM EDT, 10/25/2024 (MT Newswires) -- US equity futures were marginally higher pre-bell Friday as traders brace for key technology earnings scheduled for release next week. The Dow Jones Industrial Average futures gained 0.2%, S&P 500 futures increased 0.3%, and Nasdaq futures were up 0.3%. Alphabet (GOOG, GOOGL), Microsoft ( MSFT ) , Meta Platforms ( META ) ,...
Sector Update: Financial Stocks Rise Premarket Friday
Sector Update: Financial Stocks Rise Premarket Friday
Oct 25, 2024
09:19 AM EDT, 10/25/2024 (MT Newswires) -- Financial stocks rose in Friday's premarket activity as the Financial Select Sector SPDR Fund ( XLF ) advanced by 0.4% recently. The Direxion Daily Financial Bull 3X Shares ( FAS ) was up 1.1% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 1% lower. Aon (AON) shares...
US STOCKS-Futures point to higher open as yields ease, focus turns to megacaps
US STOCKS-Futures point to higher open as yields ease, focus turns to megacaps
Oct 25, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Apple ( AAPL ) falls after decline in China Q3 sales * Capri plummets after US judge blocks Tapestry merger * Centene ( CNC ) jumps following Q3 profit beat * Indexes set for weekly losses * Futures up:...
Copyright 2023-2026 - www.financetom.com All Rights Reserved