NASDAQ Financial News

Investing.com — U.S. stock futures traded marginally lower Tuesday, handing back some of the previous week’s strong gains at the start of a holiday-shortened week.

The holiday-shortened trading week will focus more on digesting data from last week than on anticipating new data. The key data to watch this coming week is the ISM Services Index, expected to be released on September 6 at 10 AM. Analysts predict that the services composite will dip slightly to 52.5 from 52.7.

Investing.com -- U.S. stock futures edge down following the Labor Day holiday, with traders trying to suss out the path ahead for price gains and the wider economy. Meanwhile, Goldman Sachs reduces the chances that America will slip into a recession over the next 12 months, pointing to recent labor and inflation data. Elsewhere, weak overseas demand weighs on activity in China's services sector.

US equity investors are in for disappointment as economic growth is set to be weaker than expected this year, according to Morgan Stanley’s staunch bear, Michael Wilson.

Focus Financial Partners is looking ahead to a new era of growth following its acquisition by funds affiliated with Clayton Dubilier & Rice and Stone Point Capital.

equities rallied for a second consecutive day following strong macro data and firm global cues. Investors would keep an eye on services PMI data from Europe, UK and India, due later today. «Going ahead, domestic positives should continue to support indices with broader market sustaining momentum. Sectoral rotation would continue with niche and underperforming sectors likely to do well,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a muted startGIFT Nifty on the NSE IX traded 8.5 points, or 0.04 per cent, higher at 19,607.50, signaling that Dalal Street was headed for muted start on Tuesday.

Stock Market Overview

Investing.com — U.S. stock futures were trading in a right range frollowinga positive week among major benchmark averages, with markets set to remain closed on Monday for a public holiday.

Last Thursday, in a room above the screens of red and green numbers flashing the daily performance of the stock market on to Bridge Street, Alan Cameron convened the inaugural meeting of a new advisory group.

Stocks on Wall Street ended mostly higher on Friday to notch their best week since June, after the latest U.S. jobs report solidified expectations of a pause in interest rate hikes this month.

Global market update: On account of rate pause buzz in upcoming US Fed meeting in September 2023, Wall Street ended higher on Friday. Two out of three major indices ended higher while tech heavy Nasdaq finished marginally lower on Friday session. Dow Jones index ended 0.33 per cent higher, S&P 500 gained 0.18 per cent while Nasdaq closed 0.02 per cent lower on last day of the week gone by.

IPO), ahead of its roadshow with investors next week, according to people familiar with the matter. Arm, the chip designer owned by SoftBank Group Corp, is expected to set a price range for its offering next week, the sources said. Arm plans to price its shares on Sept. 13, with stock trading on the Nasdaq to start the following day.

Stocks edged higher on Wall Street after a choppy day of trading

By Stephen Culp

Investing.com — U.S. stocks were rising after labor market data that suggested the Federal Reserve could hold off on another interest rate increase when it meets on policy next month.

The ongoing year-to-date rally on Wall Street is showing signs of exhaustion amid fresh uncertainty over the Federal Reserve’s outlook for interest rates and as recent data has painted a worrying picture of the economy.

(Reuters) — Wall Street's main indexes opened higher on Friday after a keenly awaited report showed the unemployment rate rose in August and wage growth slowed, spurring expectations that the Federal Reserve could pause its interest rate hikes.

Investing.com -- The Labor Department's closely-watched monthly jobs report is set to headline the economic calendar on Friday, with the data likely to factor into the Federal Reserve's future interest rate decisions. Meanwhile, a private survey shows that China's factory activity surprisingly expanded in August, as Beijing rolls out fresh measures to help reinvigorate the country's stuttering economy.

Investing.com — The Dow closed lower Thursday, snapping a four-day wining streak as investors weighed up mixed economic showing steady inflation, but still-strong consumer spending ahead of the crucial monthly jobs report due Friday.

Nasdaq higher on Thursday after U.S. inflation data matched estimates, underscoring expectations the Federal Reserve could pause its monetary tightening, while Salesforce climbed following an up upbeat forecast. The Nasdaq reached its highest in over four weeks after a Commerce Department report showed the Personal Consumption Expenditures (PCE) price index, considered the central bank's preferred inflation gauge, climbed 3.3% in July on an annual basis, in line with expectations. Excluding volatile food and energy components, the core PCE price index rose 4.2% in July, year-on-year, also in line with estimates. Traders' expectations for a pause in rate hikes at the Fed's September policy meet remained at an 88.5% chance, while their bets on the central bank keeping rates unchanged in November stood at 51%, according to the CME Group's FedWatch tool. «Investors believe the Fed is data dependent, and the data is in the market's favor.

«We expect the market to remain sideways on the back of mixed cues from global as well as domestic markets,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a negative startGIFT Nifty on the NSE IX traded 22.5 points, or 0.12 per cent, lower at 19,406.50, signaling that Dalal Street was headed for muted start on Friday.