U.S. stock futures bounce slightly as markets try to shake the September doldrums

u s stock futures bounce slightly as markets try to shake the september doldrums

Sumary of U.S. stock futures bounce slightly as markets try to shake the September doldrums:

  • U.S. stock futures bounced a bit on Wednesday after the Dow Jones Industrial Average dropped nearly 300 points on Tuesday, the latest in a string of bad trading sessions this September.
  • Dow Jones Industrial Average futures Tuesday ticked about 24 points higher.
  • S&P 500 futures gained 0.2% and Nasdaq 100 futures added 0.2%Markets have been in a funk so far this month amid rising investor worries about the delta variant derailing the economic recover, along with hand-wringing over the next action by the Federal Reserve.
  • Tuesday marked the fifth straight day of losses for the Nasdaq.
  • “Despite concerns about the recent downshift in economic and business cycle momentum, we remain confident that strong growth lies ahead and activity is bound to re-accelerate,” wrote JPMorgan strategist Dubravko Lakos-Bujas, in a note Wednesday.
  • ” Microsoft shares gained 1% in premarket trading after announcing a dividend increase and a sizable $60 billion share repurchase program.
  • Apple shares rebounded in premarket trading after the shares fell Tuesday amid the unveiling of a new iPhone and other products.
  • In regular trading Tuesday, the Dow fell 292.06 points, or 0.8%, to 34,577.57, retreating after it snapped a five-day losing streak on Monday.

Want to know more click here go to source.

From -

Close
Generic selectors
Exact matches only
Search in title
Search in content

Site Language


By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close