US Open

U.S. stocks point to a higher start as they recover from the weakness over the past few sessions, which saw the S&P 500 fall to a six-month low. An improved market mood and optimism of a soft landing helped lift stocks even as inflation was stickier than expected. Core PCE, the Fed's preferred gauge for inflation, remained at 2.6% YoY but personal spending remained solid at 0.2%,

U.S. stocks have halted the deep sell-off. Better-than-expected economic growth in the second quarter helped to ease fears that the Fed may need to rush rate cuts to prevent a recession. Personal spending, the key driver for the US economy, was stronger than expected, and PCE cooled. The modest move higher comes after the Nasdaq experienced its worst one-day selloff yesterday since 2022.

U.S. stocks are to open sharply lower after Tesla and Alphabet's earnings underwhelmed. Tesla's net income almost halved to $1.47bn vs. the $1.9 bn forecast. Alphabet beat on earnings and revenue, but YouTube ad revenue missed forecasts. The selloff in Alphabet highlights how high the bar has been set.

U.S. stocks are rising, adding to yesterday's gains as US elections remain in focus and earnings season ramps up. Kamala Harris appears to get the backing of the Democrats. Attention is also on Tesla and Alphabet ahead of their earnings release after the close. Tesla traded up 25% in July, and Alphabet is up 30% this year, so expectations are high.

U.S. stocks rose on Monday as the market considered the latest developments surrounding the US elections and Republican nominee Donald Trump's odds of a second term as President. Biden announced that he was stepping down from the race, endorsing Vice President Kamala Harris. The market is also looking to earnings & core PCE inflation data later in the week.

U.S. stocks point to a mixed open at the end of a choppy week for the markets. The sell-off in tech stocks and mega-cap growth stocks appears to have steadied after a week, which has seen investors rotate away from the sector. Netflix is set to open higher after beating Q2 earnings and revenue forecasts and impressive subscriber numbers. Q3 guidance disappointed.

U.S. stocks are pointing to a broadly positive start following upbeat forecasts from Taiwan Semiconductor Manufacturing, which helped lift chip stocks and mega caps following a sharp sell-off yesterday. Rotation out of tech, concerns over curbs on chips to China, and jitters ahead of earnings hit tech on Wednesday. Today, US jobless claims were higher than forecast, pointing to some softness in the jobs market. Netflix reports after the close.

U.S. stocks are set to rise modestly on the open as the Trump trade continues, and investors digest comments from Fed Powell, including the latest US retail sales and earnings. Retail sales ex-autos rose 0.4%, reversing a trend of falling sales. Earnings continue to roll in with BAC and MS beating forecasts.

U.S. stocks are heading higher after US non-farm payroll data pointed to a cooling labor market. The NFP report showed that 206,000 jobs were added in June, slightly ahead of the forecast of 190,000. However, the previous two months also saw a combined downward revision of 111,000, and unemployment rose to 4.1%.

U.S. stocks are pointing to a lower open on Tuesday amid elevated treasury yields and in cautious trade ahead of a speech by Federal Reserve chair Jerome Powell later today. The market will be watching for clues over when the Fed may start to cut interest rates, particularly after recent data that has pointed to a softening in the economy and inflation.

US stocks are set for a modestly higher start as Q43 kicks off. This week, US non-farm payroll data, a speech by Fed Chair Powell, and the release of the FOMC minutes will be in focus and could provide further clues over when the Fed could start cutting rates. The market has raised rate cut expectations after Friday's core PCE data showed inflation cooling to a 3-year low.

U.S. stocks are pointing to a stronger start after the Federal Reserve's preferred gauge of inflation slowed in May, supporting the case for a rate cut this year. The market is also digesting the first presidential debate, which saw Trump emerge as the clear winner and raised questions over Biden's ability to run for another term.

U.S. stocks are pointing to a higher start as investors digest the latest jobs and GDP data from the US and disappointing guidance from Micron Technologies. The mood is cautious ahead of tomorrow’s core PCE data tomorrow.

U.S. stocks are set to open lower, giving back gains from the previous session, as investors digest Federal Reserve officials' comments and await fresh catalysts later in the week. Fed Governor Michelle Bowman warned that the central bank may not need to cut rates this year. Meanwhile, Nvidia is extending its recovery after rising 6% yesterday.

U.S. stocks point to a higher open on Tuesday as Nvidia and other AI stocks rise following yesterday's sell-off and as investors wait for further clues over monetary policy from Federal Reserve officials. The rally in the Nasdaq and the S&P 500 returns, but the Dow Jones lags behind its peers. Nvidia rises after falling 13% over the past three sessions.

U.S. stocks point to a mixed open, with the S&P 500 and the Dow edging higher, while the NASDAQ points to a weaker start ahead of key inflation data on Friday. The market is pricing in two rare cuts this year while the Fed projects one. Nvidia is set to open lower, extending its selloff from Friday. The stock briefly overtook Microsoft as the world's most valuable company. The US economic calendar is quiet today.

U.S. stocks are heading for a quiet open as Nvidia loses ground, and investors look cautiously ahead to PMI data. Nvidia is falling after reaching another ATH this week, pushing the S&P500 and Nasdaq to ATHs. US economic data has shown signs of softening, and the PMI data today is expected to continue this theme.