Your cart is currently empty!
Good morning. Here’s what’s happening today.
Earnings: None of note
Economic news: ISM manufacturing, ISM prices paid (December)
Here are some of the biggest stories you may have missed:
(Bloomberg) — US and European stock futures gained after strong earnings from Apple Inc. and Intel Corp. boosted sentiment, while the dollar also rose as traders brace for President Donald trump’s tariffs announcements on Saturday.
Most Read from Bloomberg
The Euro Stoxx 50 futures rose 0.1%, while S&P 500 and Nasdaq 100 contracts climbed during Asian trading. The increases were aided by more US mega-cap earnings — robust results from the iPhone-maker lifted its shares in after-market trading. Intel also rose post-market after reporting better-than-projected fourth-quarter revenue.
The dollar rose against most of its Group-of-10 peers as Trump is poised to unleash his first wave of tariffs Saturday. Treasuries suffered losses, while oil jumped as Goldman Sachs Group Inc. warned that commodity markets are pricing in elevated odds that sanctions against Canadian imports will include crucial raw materials like crude.
In Asia, a gauge of the region’s shares halted a two-day gain, with SK Hynix Inc. and Samsung Electronics Co. falling in delayed reaction to the selling of AI stocks, as the nation’s markets reopened after Lunar New Year holidays. The former is a key supplier to Nvidia Corp., while Samsung’s pivotal chip division reported a smaller-than-expected profit. Markets in mainland China, Hong Kong and Taiwan remain closed.
“There is lot more” recalibration to come in the AI trades, Gareth Nicholson, chief investment officer at Nomura Singapore Ltd. told Bloomberg Television. “We will see more rotation and it makes us even more bullish, albeit we needed some steam to come out of the system to build a stronger momentum forward.”
Earnings for large tech companies still face heightened scrutiny after investors dumped AI-related stocks earlier this month. Nvidia shares rose Thursday but remained on track for their worst week since September. The Nasdaq 100 is also set to drop for the first week in three.
Despite this week’s selloff in technology stocks, Asian equities are on pace for their first monthly advance in four as concerns over Trump’s use of tariffs eased after he held back from imposing levies on China.
Samsung “missed consensus, mainly from the semiconductor division,” said SK Kim, Daiwa Securities executive director and analyst, speaking on Bloomberg Television. “In semiconductors, Samsung has higher exposure to China and they are also supplying the AI chips to Chinese customers.”
Stock Futures Rise on Earnings as Dollar Jumps: Markets Wrap
As earnings season continues to unfold, stock futures are on the rise as companies report better-than-expected results. This positive news has helped boost investor sentiment and drive markets higher.
Additionally, the dollar has seen a significant jump, with the US currency gaining strength against other major currencies. This has added to the bullish sentiment in the markets, as a strong dollar is often seen as a sign of confidence in the US economy.
Overall, the combination of strong earnings reports and a rising dollar has created a positive outlook for investors. However, as always, it’s important to remain cautious and monitor the markets closely for any potential changes in sentiment.
Stay tuned for more updates as earnings season continues to unfold and market dynamics evolve.
Tags:
#Stock #Futures #Rise #Earnings #Dollar #Jumps #Markets #Wrap
Tech shares are the main drag with Nvidia itself down some 11% in pre-market trading. A lot of attention is put on DeepSeek and Adam had the early scoop last week already here: China’s DeepSeek may have just upended the economics of AI
That’s leading to a broader fallout among chipmakers now as investors pick up on the development since the weekend. S&P 500 futures are now down 2.4% at the lows for the day with Nasdaq futures down 4.2%. It’s a bloodbath out there. Meanwhile, Dow futures are down 0.9% currently.
The flight to safety is leading 10-year Treasury yields down over 9 bps to 4.524% and USD/JPY down over 1% now to test 154.00 on the break of the 155.00 level earlier. The greenback was the lead gainer in Asia trading but has surrendered a chunk of its gains during European morning trade.
EUR/USD has turned things around from 1.0460 to 1.0500 now while GBP/USD is up from 1.2430 to 1.2500 on the session. USD/CHF has also dropped from 0.9060 to 0.8995 now as the equities selloff is also lighting a bid in the franc.
Going back to US stocks, the S&P 500 may have touched a record high last week but looks poised to erase all of the gains then at the open today. On the chart, it will still look like a blip but perhaps this could signal the start of a more meaningful retracement/correction after all the frothiness in 2024.
The rout continues with S&P 500 futures down over 2% now
The stock market turmoil shows no signs of easing up as S&P 500 futures are now down over 2% in early trading. Investors are grappling with concerns over rising inflation, interest rates, and geopolitical tensions, sparking a wave of selling across the board.
The tech-heavy Nasdaq is also feeling the pressure, with futures pointing to a sharp decline as well. The ongoing rotation out of high-growth stocks and into more defensive sectors is exacerbating the market selloff.
As uncertainty looms, investors are bracing for further volatility ahead. With the Federal Reserve signaling a more aggressive stance on tightening monetary policy, the market is facing headwinds that could potentially lead to more downside.
While the rout continues, some analysts see this as a healthy correction after the market’s prolonged rally. However, others warn that the situation could deteriorate further if economic data continues to disappoint and inflationary pressures persist.
As the market digests the latest developments, investors are advised to tread cautiously and consider their risk tolerance in these uncertain times. Stay tuned for more updates as the situation evolves.
Tags:
#rout #continues #futures
1B – OTHER The RSCA Futures will soon play their first home game in Deinze. Ancien and captain Joren Dom is looking forward to it. “The stadium is smaller and has an excellent turf,” Dom said. “That good pitch will be an ally for us.”
Dom explains that the way the Futures play soccer benefits from a good turf and that the King Baudouin Stadium does not have too good a pitch. The field in Deinze is smaller, though, which Dom says is a disadvantage. “But that doesn’t outweigh the good condition of the field which allows us to play combination soccer.”
That Deinze is about a 45-minute drive from Neerpede is annoying, but according to Dom the disadvantage will be limited. “It’s not like we play in front of 6,000 people every match. Besides a small group of supporters, it’s actually mostly family and friends who support us.”
Source: © Internal source
Exciting news for Anderlecht fans as the club’s youth team is set to play their first game in Deinze. The match, which will feature the talented players of Anderlecht’s future, is scheduled for January 25th.
The team is feeling confident about their upcoming game, with coach stating, “We have a good field in our favor and we are ready to showcase the skills and talent of our young players.”
Fans are eagerly anticipating this opportunity to see the future stars of Anderlecht in action. Stay tuned for updates and support the team as they take on this new challenge in Deinze. Let’s show our support and cheer on the next generation of Anderlecht players!
Tags:
Anderlecht Online, Futures, Deinze, soccer, football, Belgian league, upcoming match, Anderlecht news, sports news, match preview, Anderlecht vs Deinze, player updates, sports analysis, game analysis, sports betting, sports predictions, Anderlecht supporters, team news, match report, Anderlecht fans, sports updates, sports event, sports commentary
#Anderlecht #Online #Futures #time #Deinze #Good #field #favor #Jan
Several hours after head coach Dan Campbell held his media availability, the Detroit Lions began their offseason roster moves with the intention of keeping a few familiar faces around a bit longer.
The Lions announced that Abraham Beauplan (LB), Tom Kennedy (WR), Chris Smith (DT), Kingsley Eguakun (C), DaRon Gilbert (LB), Erick Hallett (S), Jamarco Jones (OT), Stantley Thomas-Oliver (CB), Issac Ukwu (DE), and Loren Strickland (S) had all signed futures contracts.
The deals do not count against the team’s salary cap or roster total until the start of the new league year. These contracts also prohibit the players from negotiating with other teams.
Beauplan, who signed with the Lions last August, spent time moving between the practice squad and active roster this season. He appeared in Weeks 8, 9 and 15, with all his snaps coming on special teams.
Kennedy, with the Lions since 2019, suited up for four games this season, seeing one target in Week 16 against the Chicago Bears.
Smith, a Detroit native, played in five games, recording two tackles and one quarterback hit.
Jones, signed by the Lions after his release from the Tennessee Titans, logged four snaps this season — one in Week 10 against the Houston Texans and three during the Thanksgiving game against the Bears.
Ukwu appeared in two games this season, including a start in Week 7 against the Minnesota Vikings. He finished the year with three tackles.
Strickland played in seven games for Detroit, with all his snaps coming on special teams.
Thomas-Oliver appeared during the Lions’ Week 18 win over the Vikings, logging five snaps on special teams. He also saw two snaps on special teams during their divisional-round loss to the Washington Commanders on Saturday.
Eguakun, Gilbert, and Hallett did not log any playing time for the Lions this past season.
The Detroit Lions have started making moves to shape their roster for the upcoming season by signing several players to futures contracts. These contracts allow teams to secure players for the offseason and give them a chance to compete for a spot on the roster during training camp.
Among the players signed by the Lions are quarterback David Blough, wide receiver Victor Bolden, defensive tackle Kevin Strong, and cornerback Alex Myres. These signings give the Lions some depth at key positions and provide opportunities for these players to make an impact in the upcoming season.
These futures contracts are just the beginning of what promises to be a busy offseason for the Lions as they look to build a competitive roster for the 2021 season. Stay tuned for more updates as the team continues to make moves in the coming months.
Tags:
#Lions #steps #offseason #roster #moves #futures #contracts
US stock futures climbed on Tuesday as investors assessed President Donald Trump’s wave of first-day orders and the prospect of historic tariffs being imposed on Mexico and Canada within weeks.
Futures on the Dow Jones Industrial Average futures (YM=F) and the S&P 500 (ES=F) both rose roughly 0.4%. Contracts on the Nasdaq 100 (NQ=F) put on about 0.5% as Nvidia (NVDA) and other big tech megacaps ticked higher.
Wall Street is bracing for likely volatility in markets on the first trading day of Trump’s second term in office, as the new president storms ahead with his policy agenda, with energy and trade in focus. US markets were closed Monday for the Martin Luther King Jr. holiday.
Markets got a dose of relief as Trump held off from firing off the barrage of universal tariff hikes expected by many on his first day in office. China got a surprise reprieve as Trump failed to act on promised high duties on its imports. US stock futures rose, and the dollar (DX-Y.NYB) pulled back from a near two-year high in the wake.
At close: January 17 at 5:11:45 PM EST
^DJI ^IXIC ^GSPC
But the mood shifted after Trump said on Monday evening that he was looking at imposing 25% duties for Mexico and Canada from Feb. 1. And Chinese stocks (000300.SS) closed out Tuesday with only slight gains, suggesting investors aren’t convinced that a US-China reset is coming to avert a trade war.
Meanwhile, the 10-year Treasury yield (^TNX) fell nearly 4 basis points to around 4.59% on Tuesday, recovering somewhat from a deeper drop in Asia trading amid the initial reaction.
Bitcoin has been on a ride, rising to a record higher above $109,000 on Monday as Trump was sworn in and the new president issued an official TRUMP “memecoin” token. The leading digital currency then fell steeply early Tuesday after a hoped-for pro-crypto push failed to appear in the first policy actions. It has since recovered somewhat to trade slightly higher at $103,804.
The next batch of quarterly earnings will provide other food for thought for investors. Netflix (NFLX) is expected to deliver strong results, while Charles Schwab (SCHW), D.R. Horton (DHI) are also on the crowded docket.
Coming soon
Stock market coverage for Tuesday, January 21, 2025.
As the markets open this morning, futures for the Dow Jones, S&P 500, and Nasdaq are all on the rise. Investors are closely watching President Trump’s latest comments on tariffs, which could have a significant impact on global trade and economic growth.
With ongoing trade tensions between the U.S. and China, as well as other key trading partners, investors are eager for any updates on the situation. President Trump has recently hinted at the possibility of imposing additional tariffs on Chinese goods, leading to increased uncertainty in the markets.
As a result, investors are closely monitoring any developments on the tariff front and adjusting their strategies accordingly. The rise in futures suggests that investors are cautiously optimistic about the potential outcomes of these trade negotiations.
Stay tuned for further updates on how these tariff discussions may impact the markets in the coming days.
Tags:
#Dow #Nasdaq #futures #rise #investors #Trump #tariff #watch
U.S. President-elect Donald Trump and his wife Melania Trump look on as they meet with U.S. President Joe Biden and first lady Jill Biden on inauguration day of Donald Trump’s second presidential term in Washington, U.S. January 20, 2025.
Carlos Barria | Reuters
U.S. stock market futures rose as Donald Trump was sworn in a second time as U.S. president as investors bet a series of immediate actions by him would boost the economy, especially in areas like the banking and energy sectors.
Traders were also likely encouraged by news that Trump wouldn’t immediately install new tariffs on day one.
Dow Jones Industrial average futures gained 166 points, or 0.4%. S&P 500 futures added 0.4%. Nasdaq-100 futures rose 0.6%.
Regular trading on the New York Stock Exchange and Nasdaq was closed for the Martin Luther King Day holiday, but there was limited futures trading.
Dow futures, 1 day
Bitcoin jumped to a new record above $109,000 on Monday.
“I’ve been doing this for 49 years and we’re probably going from the most anti-business administration to the opposite,” said Stanley Druckenmiller, chairman and CEO of the Duquesne Family Office, in an interview during CNBC’s special inauguration coverage. “CEOs are somewhere between relieved and giddy…we are a believer in animal spirits.”
There will be a flurry of executive actions unveiled Monday for investors to evaluate regarding their impact on the economy. A trade memorandum from the new administration that’s expected will not impose tariffs yet. The memo will ask for investigations of China, Canada and Mexico for unfair trade practices and currency policies.
Elsewhere, Trump was set to declare a national energy emergency, according to an incoming White House official, with the goal of lowering high costs. It will expand the president’s legal options for allowing drilling in Alaska and other areas.
Other executive actions to come Monday are likely to address business deregulation and immigration restrictions.
Druckenmiller, considered one of the best ever hedge fund managers, did have some caution on the overall market because of rising interest rates.
As President-elect Joe Biden prepares to take office on Monday, stock futures are on the rise in anticipation of a new era in American politics. With the inauguration of President-elect Biden and Vice President-elect Kamala Harris just days away, investors are optimistic about the future of the economy under their leadership.
The stock market has been volatile in recent weeks, with uncertainty surrounding the outcome of the presidential election and the ongoing COVID-19 pandemic. However, the transition of power from President Trump to President-elect Biden has brought a sense of stability and confidence to the markets.
As President Trump prepares to leave office, investors are hopeful that the Biden administration will bring a fresh perspective and new policies that will support economic growth and stability. With a focus on addressing the pandemic, stimulating the economy, and promoting unity among Americans, President-elect Biden has outlined an ambitious agenda that has resonated with investors.
As we look ahead to Monday’s inauguration, it is clear that the markets are poised for a positive response to the change in leadership. With stock futures on the rise, it is clear that investors are optimistic about the future under the Biden administration.
Tags:
stock futures, rise, Trump, sworn in, Monday, inauguration, market trends, investment opportunities, financial news, stock market forecast, economic outlook
#stock #futures #rise #Trump #sworn #Monday
US stock futures stepped higher on Friday, looking to shake off a downbeat start to 2025 as markets waited for manufacturing data and Tesla (TSLA) shares struggled for a comeback.
Futures on the S&P 500 (ES=F) rose 0.2%, while those on the Dow Jones Industrial Average (YM=F) were also up roughly 0.2%. Contracts on the tech-heavy Nasdaq 100 (NQ=F) put on 0.3%.
Friday is the last day for the S&P 500 (^GSPC) to pull off a “Santa Claus” rally, watched closely as a historical harbinger of solid returns for January and the year.
But hopes are dim after the benchmark fell again on Thursday to notch a five-session losing streak, the longest since April. The S&P 500 and Dow are both on track to end the holiday-shortened week with losses of over 1%, while the Nasdaq is facing a weekly drop of almost 2%.
Meanwhile, Tesla shares wavered along the flat line, erasing earlier pre-market gains after the EV maker said its sales in China climbed to a record high in 2024. Tesla’s first yearly decline in global sales dragged the stock down 6% on Thursday.
US Steel stock slid almost 8% on reports that President Joe Biden has decided to block Japanese buyer Nippon Steel’s $14.9 billion takeover of the company, which had become a lightning rod for political opposition.
On the data docket, an update on US manufacturing due later should provide insight into whether the health of the US economy will keep the Federal Reserve reluctant to cut interest rates.
LIVE 2 updates
The stock market seems to be bouncing back as Dow, S&P 500, and Nasdaq futures rise, indicating a positive start to the trading day. However, despite this temporary surge, Wall Street is still facing the possibility of ending the week with losses.
Investors are cautiously optimistic as they navigate through ongoing concerns surrounding inflation, interest rates, and the global economic recovery. The market has been experiencing volatility due to these uncertainties, leading to fluctuations in stock prices.
As we head into the end of the week, it will be interesting to see how the market performs and whether the gains in futures will hold. It is essential for investors to stay informed and closely monitor market trends to make informed decisions about their investments.
Tags:
#Dow #Nasdaq #futures #rise #weekly #losses #loom #Wall #Street
The Canadian dollar faded 0.19 cents to 69.5 cents U.S.
March futures took on 0.3% Tuesday.
Canada’s main share index is set for a 4% drop in December, its worst month since May 2023, partly due to the U.S. Federal Reserve’s hawkish policy announcement and domestic political uncertainty.
However, policy easing from major central banks that spurred a big wave of buying of stocks put the TSX index on track for a near 18% rise this year, its best annual performance since 2021.
Looking ahead, investors will focus on upcoming monthly employment data from Canada and the United States, which will offer insights into the monetary policy direction in both the countries.
In Asia, markets in Japan and Hong Kong were closed New Year’s Eve.
ON BAYSTREET
The TSX Venture Exchange lost 4.47 points to close Monday at 593.40.
ON WALLSTREET
Stock futures were slightly higher Tuesday, as investors look to wrap up another booming year that hoisted the S&P 500 to its second consecutive annual gain exceeding 20%, spurred by enthusiasm for rate cuts, economic strength and artificial intelligence.
Futures for the Dow Jones Industrials hiked 119 points, or 0.3%, to 43,046.
Futures for the much broader index captured 21.75 points, or 0.4%, to 5,980.50.
Futures for the NASDAQ 96.5 points or 0.2%, to 21,512.75.
The Dow finished Monday’s choppy trading session with a loss exceeding 418 points, or 0.97%. The S&P plunged 1.07%, while the NASDAQ shed 1.19%.
The S&P 500 has surged 23.8% in 2024, putting it solidly on pace for its second consecutive gain above 20%. The Dow has added nearly 13%, while the NASDAQ has outperformed with a 29.8% advance.
The story surrounding AI and its potential productivity boost powered significant gains for the major averages throughout the year, pushing “Magnificent Seven” stocks such AI chip darling Nvidia and iPhone giant Apple to new highs. The megacap technology gains also lifted the major averages to record levels.
Stocks also benefited as the Federal Reserve began cutting rates on the heels of one of its most aggressive hiking cycles in recent history, spurring hopes for a period of economic growth as borrowing costs ease. Since September, the central bank has lowered rates by 100 basis points. Although further rate cuts are expected in the new year, the Fed’s pace may slow from initial expectations.
The NASDAQ has gained 7.1% and S&P has surged 2.5%, this quarter and are both on pace for a fifth consecutive positive quarter for the first time since 2021. The Dow is up a mere 0.6% over the same period for its fourth positive quarter in five.
Oil prices gained 64 cents to $71.63 U.S. a barrel.
Gold prices shone brighter by $4.70 to $2,622.80 U.S. an ounce.
The stock market ended the year on a high note, with futures pointing higher as we close out 2024. Investors are optimistic about the outlook for the new year, as economic indicators continue to show strength and corporate earnings remain robust.
As we reflect on the past year, it’s clear that the market has weathered its fair share of challenges, from geopolitical tensions to inflation concerns. However, investors have remained resilient, focusing on the underlying strength of the economy and the potential for continued growth.
Looking ahead to 2025, many analysts are bullish on the market’s prospects, citing a supportive monetary policy environment and strong consumer spending. While uncertainties remain, including the possibility of interest rate hikes and ongoing supply chain disruptions, the overall sentiment is positive.
As we bid farewell to 2024, let’s celebrate the resilience of the market and look forward to what the new year has in store. Here’s to a prosperous and successful 2025 for investors everywhere!
Tags:
#Futures #Point #HIgher #Close
Stan Szeto-USA TODAY Sports
Videos are auto-populated by an affiliate. This site has no control over the videos that appear above.
San Francisco 49ers owner Jed York put to rest any speculation about the futures of head coach Kyle Shanahan and general manager John Lynch amid a disappointing 2024 campaign. Speaking with Tim Kawakami of The San Francisco Standard before Monday night’s primetime matchup against the Detroit Lions, York was direct when asked about their status.
“They’re not going anywhere,” York stated firmly.
When Kawakami followed up to confirm if he could be quoted, York reiterated, “You can write that, for sure. They’re not going anywhere.”
Kawakami elaborated on the exchange, writing, “Over the next several minutes, York generally elaborated that while nobody in the organization is happy with the results this season, and not every decision worked out, he’s not tossing out everything as a knee-jerk reaction.”
York expressed his admiration for Shanahan and Lynch’s leadership during an injury-riddled season that began with Super Bowl aspirations but ended with the team eliminated from playoff contention.
When asked about quarterback Brock Purdy‘s looming contract negotiations, York expressed optimism, saying he hopes Purdy will remain the team’s quarterback for a long time.
Following Monday night’s game against the Lions, the 49ers will wrap up their season on the road against the Arizona Cardinals this weekend.
San Francisco 49ers head coach Kyle Shanahan addressed reporters during a Monday conference call, delivering multiple injury updates that could significantly impact the team in these final two games of the season. The offensive line suffered setbacks during Sunday’s game…
The San Francisco 49ers are grappling with the disappointment of a season that fell far short of their lofty expectations. After coming close to a Super Bowl victory last year, the team now finds itself out of playoff contention, sitting at 6-9 with just two games left in the…
The San Francisco 49ers’ 2024 season hasn’t gone as planned. Once filled with Super Bowl aspirations, the team sits at 6-9, eliminated from playoff contention, and is looking toward the offseason to address roster challenges.
However, there is a silver lining. The 49ers’…
San Francisco 49ers head coach Kyle Shanahan expressed visible frustration after kicker Jake Moody missed a crucial third-quarter field goal during Sunday’s game against the Miami Dolphins—a play that may have significantly impacted the final outcome.
Kyle Shanahan was…
San Francisco 49ers CEO Jed York has put an end to any speculation about the futures of head coach Kyle Shanahan and general manager John Lynch. In a recent interview, York made it clear that both Shanahan and Lynch are staying put.
“They’re not going anywhere,” York stated confidently. “Kyle and John have done a fantastic job of building this team and creating a winning culture. I have full confidence in their abilities and believe they are the right leaders to guide us to success.”
Under Shanahan and Lynch’s leadership, the 49ers have made significant strides, reaching the Super Bowl in the 2019 season and consistently fielding competitive teams. Despite some challenges and setbacks, York is unwavering in his support for the duo.
Fans can rest assured that Shanahan and Lynch will continue to steer the 49ers towards success, with York firmly backing their vision and direction for the team. As the organization looks ahead to the future, it’s clear that Shanahan and Lynch are integral parts of the team’s plans for sustained success.
Tags:
Jed York, Shanahan, Lynch, future, NFL, San Francisco 49ers, stability, commitment, leadership, team management, football, sports, news, quotes, rumors
#Jed #York #Shanahans #Lynchs #futures #Theyre