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Dow Jones futures drifted between narrow gains and losses Wednesday evening. The U.S. dollar strengthened the most for three weeks, underscoring investors’ anxiety about the economy. Corporate earnings continue to trend lower, with FactSet forecasting the worst quarter since 2009. U.S. stock futures fumbled around the break-even point Wednesday night, as dismal corporate earnings and…
Dow Jones futures declined by as much as 362 points Sunday night. Berkshire Hathaway’s annual shareholder meeting has cast a dark shadow over the equities market. Meanwhile, U.S. corporate earnings are heading for their biggest decline since the financial crisis. Futures on the Dow and broader U.S. stock market declined sharply Sunday evening, setting the stage…
Dow Jones futures traded within a 215-point range Sunday night. Markets are bracing for an ugly earnings week, with the likes of Alphabet, Apple, and Tesla reporting how badly Covid-19 impacted their business. So far, the blended earnings decline for the S&P 500 is far worse than expected. Futures on the Dow and broader U.S.…
Dow Jones futures climbed by as much as 132 points in after-hours trading. Crude oil for June delivery stabilized after the front-month May contract crashed on Monday. American businesses are taking tentative steps to shield their employees from Covid-19 once lockdown restrictions ease. Dow futures rallied overnight Monday, shaking off some of the bearishness from…
Bets against the stock market have risen to their highest level in years as investors grow skeptical of this rally. Stocks have quickly rebounded from the coronavirus crash, but it may be too soon to celebrate. Dow futures fell 200 points at the start of Sunday evening trading. This points to a lower opening on…
