financetom
World
financetom
/
World
/
Stocks Mostly Rise Pre-Bell Ahead of Key Jobs Data; Asia, Europe Strong
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Stocks Mostly Rise Pre-Bell Ahead of Key Jobs Data; Asia, Europe Strong
Jan 7, 2025 4:48 AM

07:17 AM EST, 01/07/2025 (MT Newswires) -- US equity futures mostly edged higher on Tuesday as traders await the first of the key labor market reports scheduled for release this week.

Standard & Poor's 500 and the Dow Jones Industrial Average rose 0.1% each in premarket activity, while the Nasdaq was slightly in the red. Asian and European exchanges were mostly tracking in the green.

The Job Openings and Labor Turnover Survey for November is due at 10 am ET. The ADP Employment report, Challenger Job Cut report and the government's nonfarm payroll data, all for December, are out later this week.

Tuesday's economic calendar also has the international trade in goods and services report for December at 8:30 am, followed by the Institute for Supply Management's services index at 10 am. Federal Reserve Bank of Richmond President Thomas Barkin is set to speak at 8 am.

US markets will close on Thursday to mourn the passing of former President Jimmy Carter.

GFL Environmental's ( GFL ) stock increased 2.1% as the company agreed to sell its environmental services business to funds managed by affiliates of Apollo (APO) and BC Partners for 8 billion Canadian dollars ($5.59 billion).

Shares of Getty Images ( GETY ) and Shutterstock (SSTK) were up by double digits as the companies agreed to a $3.7 billion merger of equals. Inari Medical ( NARI ) climbed 21% after the medical technology maker agreed to be acquired by Stryker (SYK) for $4.9 billion.

RPM International ( RPM ) , Apogee Enterprises ( APOG ) and Lindsay (LNN) report their latest financial results before the bell. Cal-Maine Foods ( CALM ) , AZZ (AZZ) and AAR (AIR) post earnings after markets close.

Before the opening bell, bitcoin decreased 1.6% to $100,549, West Texas Intermediate crude oil inclined 0.5% to $73.92 a barrel, yields on 10-year Treasuries rose 2 basis points to 4.64% and gold moved 0.3% higher to $2,656 an ounce.

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 >
PRECIOUS-Gold extends record run as rate cut bets gain ground
PRECIOUS-Gold extends record run as rate cut bets gain ground
Mar 6, 2024
* Waning appetite for EVs could be lifeline for PGMS- analyst * Yields, dollar fall after Powell comments (Rewrites as of 1542 GMT) By Anjana Anil March 6 (Reuters) - Gold rallied to a fresh record on Wednesday, building on stellar momentum driven mostly by bets for U.S. monetary easing, while autocatalyst palladium popped back above the $1,000 mark for...
Canada's Ivey PMI falls to 4-month low in February
Canada's Ivey PMI falls to 4-month low in February
Mar 6, 2024
TORONTO, March 6 (Reuters) - Canadian economic activity expanded at a slower pace in February as a measure of employment declined, Ivey Purchasing Managers Index (PMI) data showed on Wednesday. The seasonally adjusted index fell to 53.9 from 56.5 in January, posting its lowest level since October The Ivey PMI measures the month to month variation in economic activity as...
Crude Oil Rises Sharply; Foot Locker Shares Plunge
Crude Oil Rises Sharply; Foot Locker Shares Plunge
Mar 6, 2024
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining over 100 points on Wednesday. The Dow traded up 0.62% to 38,825.33 while the NASDAQ rose 0.81% to 16,069.34. The S&P 500 also rose, gaining, 0.80% to 5,119.15. Check This Out: Emerson Electric To Rally More Than 19%? Here Are 10 Top Analyst Forecasts For Wednesday   Leading...
World markets brace for potential Trump return to White House
World markets brace for potential Trump return to White House
Mar 6, 2024
LONDON (Reuters) - Investors are bracing for the possibility of Donald Trump returning to the White House after Super Tuesday confirmed that the November U.S.-election is set to pitch him against incumbent Joe Biden. Below are five flash points in focus for world markets. 1/ TRADE TANTRUM Any ratcheting up in trade tensions between the U.S. and other big economies...
Copyright 2023-2026 - www.financetom.com All Rights Reserved