Market Pulse - Usa
US close: Santa rally over as stocks finish weaker
US stocks reversed earlier gains to end their Santa rally by the close on Thursday, as investors digested the latest jobless claims.
US close: Airlines descend on Covid cancellations, Nasdaq underperforms
US stocks closed in a mixed state on Wednesday, as investors digested data showing America’s trade deficit widened to a record high, while Omicron Covid variant cases continued to surge.
Apple sends independent inspectors to iPhone factory in India
Apple supplier Hon Hai Precision Industry was put on notice by the consumer technology giant on Wednesday, amid growing concerns over working conditions at its plant in southern India.
US close: Santa delivers as S&P 500 reaches record high
Wall Street stocks were firmly positive at the end of trading on Thursday, with the S&P 500 turning in its 68th record close of the year.
US open: Stocks higher following PCE jobless claims data
Wall Street stocks were firmly in the green early on Thursday, putting major indices on track to extend their rally for a third straight session ahead of a slew of data points scheduled for later in the day.
University of Michigan's consumer sentiment index improves in December
US consumer sentiment improved in December, according to the University of Michigan's final December consumer sentiment index.
US initial jobless claims unchanged week-on-week
Claims for unemployment benefits were unchanged in the seven days ended 18 December after hitting their lowest level since 1969 two weeks earlier.
US durable goods orders up 2.5% month-on-month
Durable goods orders placed with US factories increased in November, up 2. 5% month-on-month for the biggest rise in six months, exceeding forecasts and indicating that steady demand would likely help drive production growth early in 2022. The increase partly reflected a sharp rise in commercial aircraft orders.
US pre-open: Futures point to early gains ahead of the bell
Wall Street futures were in the green prior to the opening bell on Thursday, putting major indices on track to extend their rally for a third straight session ahead of a slew of data points scheduled for later in the day.
US close: Wall Street books another solid pre-Christmas session
Wall Street stocks booked their second positive day in a row on Wednesday, as market participants digested third-quarter GDP figures and continued to monitor Covid-19 headlines in the lead-up to the Christmas break.
US GDP increases 2.3% in Q3
US gross domestic product increased at a 2. 3% annualised rate in the third quarter, according to the Commerce Department, with the economy on track to record its best full-year performance since 1984 despite an increased level of Covid-19 infections throughout the period.
Conference Board's consumer confidence index increases in December
The Conference Board's latest consumer confidence report showed an increase in December following an upward revision for November, with the index jumping to 115. 8 to 111. 9.
US open: Stocks little changed following GDP reading
Wall Street stocks were little changed early on Wednesday as market participants digested third-quarter GDP figures and continued to monitor Covid-19 headlines in the lead-up to the Christmas break.
US pre-open: Futures broadly flat after major indices snap three-day losing streak
Wall Street futures were little changed ahead of the bell on Wednesday after major indices snapped a three-day losing streak in the previous session.
US close: Stocks snap three-day slump
Wall Street stocks closed higher on Tuesday following a three-day slump for major indices.
US open: Stocks trade higher following three-day slump
Wall Street stocks were in the green early on Tuesday following a three-day slump for major indices.
US pre-open: Futures in the green following three-day slump
Wall Street futures were in the green ahead of the bell on Tuesday following a three-day rout for major indices.
US close: Stocks end session firmly in the red as rising Covid cases weigh on sentiment
Wall Street stocks closed sharply lower on Monday as market participants monitored a resurgence in global Covid-19 cases due to the omicron variant.
US open: Stocks lower as surge in omicron cases spooks investors
Wall Street stocks were firmly in the red early on Monday as market participants monitored a resurgence in global Covid-19 cases due to the omicron variant.
US pre-open: Futures in the red as global Covid cases surge
Wall Street futures were in the red ahead of the bell on Monday as market participants monitored a resurgence in global Covid-19 cases due to the omicron variant.