US equities posted strong gains on Thursday morning, finding support after a much stronger-than-expected reading of economic growth in the fourth quarter and rebounding from weakness in the previous session triggered by the Federal Reserve’s indication, Jerome Powell, that the central bank was planning to make several rate hikes this year. What is going on … Read more
Stock futures wobbled as investors worried about the speed at which the Federal Reserve would move to lift interest rates, and awaited more earnings from major consumer and technology companies. Futures tied to the S&P 500 wavered between small gains and losses, after declining more than 1% earlier Thursday. Nasdaq-100 futures rose 0.5% and Dow … Read more
US stock indices were higher on opening Wednesday as investors analyzed the latest headlines about the Omicron variant amid lean trading in the final days of the year. The S&P 500 rose 0.2% after the broad-market index closed 0.2% on Tuesday, but still reached its second-highest closing level. The Nasdaq Composite rose 0.2% and the … Read more