Morning Bid: When bad news sounds good A look at the day ahead in markets from Anshuman Daga
Wall Street ends mixed as investors eye payrolls data
Gains in high-growth stocks offset energy losses, with investors eyeing jobs data
Futures rise ahead of services activity data; PayPal shines
U.S. stock index futures edged higher on Wednesday, with focus on services activity data due later in the day after a report earlier this week amplified economic slowdown worries, while PayPal gained on raising its profit forecast.
Wall Street ends down after biggest month since 2020
Declines in energy companies weigh against gains in Boeing
Wall Street set to open lower ahead of July factory activity data
U.S. stock indexes were set to open lower on Monday following a strong rally last week on earnings optimism, with investors awaiting a factory activity data after similar surveys from China and the Eurozone fueled recession worries.
Asia shares off to sluggish start, China data soft
Asian share markets got off to a slow start on Monday as disappointing Chinese economic data fed doubts last week's rally on Wall Street could be sustained in the face of determined policy tightening by global central banks.
The S&P 500 is about to have its best month since November 2020.
The rebound in stocks is a reflection that the current round of updates from corporate America are not as bad as feared. But there are still reasons for investors to be wary.