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Stock futures rise slightly as Wall Street awaits inflation data

Traders on the floor of the NYSE, August 1, 2022.Source: NYSEU.S. stock futures rose slightly on Tuesday morning after Wall Street weighed the outlook for chip stocks, and looked ahead to more earnings results and inflation data that will determine the pace of future interest rate hikes.Dow Jones Industrial Average futures added 62 points, or …

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Stocks open higher as Wall Street looks to build on three weeks of gains for S&P 500

Stock futures rose on Monday morning, following the S&P 500’s third straight weekly gain, as investors shifted focus to a key inflation report this week.Futures on the Dow Jones Industrial Average gained 155 points or 0.5%. S&P 500 futures and Nasdaq 100 futures advanced 0.4% and 0.3%, respectively. The futures came off their highs after Nvidia …

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Dow futures slide 100 points after strong jobs report likely to keep Fed in hiking mode

July jobs report crushes expectationsThe U.S. economy added many more jobs than was expected last month. On Friday, the U.S. government said 528,000 jobs were added in July, easily beating a Dow Jones estimate of 258,000. To be sure, average hourly earnings were up 5.2% year over year — well above expectations. This could be …

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Dow futures gain slightly after the three major averages notched a second day of losses

PayPal rises on earnings, share buyback announcementPayPal shares soared by more than 11% after hours. The payments company beat analysts’ earnings and revenue estimates for the second quarter and issued upbeat full-year guidance. PayPal also announced a $15 billion share repurchasing program.Stock buybacks provide a way for companies to boost their per-share earnings and enhance …

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Stock futures fall slightly to start August trading with market coming off best month since 2020

Stock futures fell slightly following the market’s best month since 2020 as investors look ahead to another week of key earnings reports and economic data.The Dow Jones Industrial Average futures fell by 67 points, or 0.2%. S&P 500 futures shed around 0.2% and Nasdaq 100 futures dipped by 0.3%.On Friday, all major indexes gained, posting …

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