financetom
World
financetom
/
World
/
Stocks Rebound Pre-Bell as Traders Await Release of Economic Reports; Asia Mostly Up, Europe Strong
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Stocks Rebound Pre-Bell as Traders Await Release of Economic Reports; Asia Mostly Up, Europe Strong
Mar 26, 2024 4:27 AM

07:10 AM EDT, 03/26/2024 (MT Newswires) -- US equity futures rebounded in premarket trading Tuesday as investors seek to recover from the decline in Monday's session and take positions ahead of several key economic reports.

Standard & Poor's 500 futures gained 0.4%, the Dow Jones Industrial Average rose 0.3% and the Nasdaq added 0.5% before the opening bell. Most Asian exchanges were tracking in the green, while European bourses were trending higher midday on the continent.

Tesla (TSLA) increased 3.1% pre-bell after Chief Executive Elon Musk reportedly said the electric vehicle maker will offer US customers a one-month free trial of its driver-assist technology. Krispy Kreme (DNUT) climbed 16% with the donut retail chain agreeing to supply product to McDonald's (MCD) restaurants nationwide by the end of 2026. Reddit (RDDT) jumped 8.4% while MicroStrategy (MSTR) was 5.1% higher.

McCormick (MKC), TD Synnex (SNX) and GDS Holdings (GDS) report their latest financial results before the bell, among others. Concentrix (CNTX), GameStop (GME) and Progress Software (PRGS) post earnings in the afterhours.

On the economic calendar, the durable goods orders for February is out at 8:30 am ET. The Case-Shiller Home Price Index and the Federal Housing Finance Agency House Price Index, both for January, post at 9 am.

The Conference Board's Consumer Confidence report and the Richmond Federal Reserve Manufacturing Index, both for this month, are scheduled for a 10 am release.

Before the open, bitcoin edged up 0.1% to $70,909, West Texas Intermediate crude dipped 0.1% to $81.86 a barrel, yields on 10-year Treasuries slipped 2.3 basis points to 4.23% and gold increased nearly 1% to $2,218 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 >
GLOBAL MARKETS-Stocks climb as investors await Nvidia results; dollar recovers
GLOBAL MARKETS-Stocks climb as investors await Nvidia results; dollar recovers
Aug 27, 2025
(Updates to late afternoon) * Nvidia ( NVDA ) second-quarter results due after closing bell * Dollar recovers even as Fed independence worries linger * US stocks higher in afternoon trading By Caroline Valetkevitch NEW YORK, Aug 27 (Reuters) - Major stock indexes rose on Wednesday ahead of results from artificial intelligence leader Nvidia ( NVDA ) , while the...
Toronto Stock Exchange closes at record high as bank earnings boost index
Toronto Stock Exchange closes at record high as bank earnings boost index
Aug 27, 2025
* S&P/TSX composite index closed up 0.33% at 28,433 points * Gain in index mainly driven by RBC, which surged over 5% * High oil price also boosted index as energy shares jumped By Nikhil Sharma and Promit Mukherjee Aug 27 (Reuters) - The Toronto Stock Exchange zoomed past its previous record on Wednesday with the main index closing at...
GLOBAL MARKETS-S&P 500 posts record close, dollar edges up; Nvidia shares down after the bell
GLOBAL MARKETS-S&P 500 posts record close, dollar edges up; Nvidia shares down after the bell
Aug 27, 2025
(Updates with US market closing levels) * Dollar recovers slightly even as Fed independence worries linger * US stocks end higher * Nvidia ( NVDA ) shares down about 3% in after-market trading following results release By Caroline Valetkevitch NEW YORK, Aug 27 (Reuters) - Major stock indexes rose and the S&P 500 posted a record closing high on Wednesday...
Weekly Crude Inventories Fall More Than Expected; Oil Prices Rise
Weekly Crude Inventories Fall More Than Expected; Oil Prices Rise
Aug 27, 2025
03:48 PM EDT, 08/27/2025 (MT Newswires) -- Commercial crude stockpiles in the US shrank more than expected last week as distillate fuel and motor gasoline inventories dropped, government data showed Wednesday. Inventories of crude, excluding the strategic petroleum reserve, fell by 2.4 million barrels to 418.3 million barrels through the week ended Friday, the Energy Information Administration said. The consensus...
Copyright 2023-2026 - www.financetom.com All Rights Reserved