Market Pulse - Usa
US open: S&P 500 and Nasdaq on track for fourth straight losing week
US stocks were lower early on Friday after market participants bought the dip in the previous session.
US pre-open: Futures little changed following yesterday's solid gains
Wall Street futures were only slightly higher ahead of the bell on Friday after market participants bought the dip in the previous session.
US open: Stocks higher following jobless claims data
Wall Street stocks were sharply higher at the opening bell on Thursday as fears that the US economy may be headed for a recession reappeared were soothed by weekly jobless claims data from the Labor Department.
Eli Lilly hikes guidance as obesity drug sales soar
Eli Lilly significantly raised its full-year revenue forecast by $3bn on Thursday, after reporting a strong second quarter driven by the robust performance of its blockbuster weight loss and diabetes drugs Zepbound and Mounjaro.
US initial jobless claims fall by 17,000
Americans lined up for unemployment benefits at a decelerated pace in the week ended 3 August, according to the Labor Department.
US pre-open: Futures mostly lower amid resurgent recession fears
Wall Street futures were mostly lower ahead of the opening bell on Thursday as fears that the US economy may be headed for a recession reappeared.
CVS Health lowers guidance after mixed second quarter
CVS Health Corporation revealed a mixed second-quarter performance on Wednesday, as well as a downward revision to its full-year earnings guidance due to continued pressure in its health care benefits segment.
Disney's theme parks drag on third quarter results
Walt Disney reported a mixed third-quarter performance on Wednesday, driven by significant growth in its streaming business, offset by challenges in its theme park operations.
US mortgage applications surge 6.9%
US mortgage applications surged by 6. 9% in the week ended 2 August, according to the Mortgage Bankers Association, the sharpest increase in almost two months, erasing the prior two week's declines.
US open: Major indices on track to claw back more losses
Major indices were in the green yet again early on Wednesday as stocks looked set to reclaim some more of their recent losses.
US pre-open: Major indices look set to claw back more losses
Wall Street futures were in the green yet again ahead of the bell on Wednesday as stocks looked set to reclaim some more of their recent losses.
Ofwat to appoint independent monitor to Thames Water
Ofwat said on Wednesday that it was looking to appoint a monitor to report on Thames Water’s progress in turning the business around after the water company lost two investment grade credit ratings.
US close: Stocks rebound from Monday's sell-off
Wall Street stocks closed higher on Tuesday as major indices bounced back from heavy losses recorded across global markets a day earlier.
US open: Stocks higher following Monday's sell-off
Wall Street stocks were in the green early on Tuesday as major indices bounced back from heavy losses recorded across global markets a day earlier.
Caterpillar beats profit forecasts despite revenue fall
Caterpillar announced a mixed set of second-quarter results on Tuesday, marked by a slight decline in revenue but a solid profit margin.
Uber beats expectations with strong second-quarter growth
Ride-hailing and delivery giant Uber Technologies reported a strong set of second-quarter results on Tuesday, surpassing Wall Street expectations and showing significant year-over-year growth across its key business segments.
US pre-open: Futures higher following Monday's sell-off
Wall Street futures were in the green ahead of the bell on Tuesday as major indices look to bounce back from heavy losses recorded across global markets in the previous session.
US close: Dow Jones sheds more than a thousand points amid recession fears
Wall Street stocks closed sharply lower on Monday amid fears that a potential US recession may be on the horizon.
US services PMI rises to 51.4 in July
The Institute for Supply Management's services purchasing managers index rose to 51. 4 in July, up from the more than four-year low of 48. 8 recorded in June and ahead of market expectations for a reading of 51.
US open: Stocks sharply lower amid recession fears
Wall Street stocks were firmly in the red early on Monday amid fears that a potential US recession may be on the horizon.