Stock futures are flat after a solid start to May

Stock futures held steady in overnight trading on Monday after a strong start to May as investors piled into shares that would benefit the most from an economic reopening. Futures on the Dow Jones Industrial Average were little changed. S&P 500 futures and Nasdaq 100 futures were flat as well. The move in futures followed […]

Asia-Pacific stocks little changed as markets struggle for direction

Japan's retail sales rose 5.2% in March as compared with a year ago, according to government data. That was higher than a median market forecast for a 4.7% gain, according to Reuters. Australia's inflation data for the first quarter is expected, with the consumer price index set to be released at 9:30 a.m. HK/SIN. Investors […]

Stocks making the biggest moves midday: Carnival, Dell, AMC Entertainment and more

Check out the companies making headlines in midday trading. Carnival, Norwegian Cruise Line, Royal Caribbean — Shares of the major U.S. cruise lines jumped on Wednesday amid optimism about a swift economic recovery from the pandemic. Shares of Carnival gained about 3%. Norwegian Cruise Line and Royal Caribbean gained 2.3% and 1.3%, respectively. AMC Entertainment […]

Japan stocks set for mixed start; Dow closes at new record overnight

Japan's retail sales data for February is expected to be out at around 7:50 a.m. HK/SIN on Tuesday. Investors will be watching shares of Nomura after the Japanese financial services firm tumbled more than 16% on Monday. It came after the company warned of a "significant loss" at one of its U.S. subsidiaries, resulting from transactions with […]

Stock futures rise after S&P 500 notches record

Futures contracts tied to the major U.S. stock indexes rose Thursday evening just hours after the S&P 500 closed at a record high and President Joe Biden signed landmark stimulus legislation. Dow futures added 80 points and suggested a gain of a similar magnitude when regular trading resumes on Friday. Nasdaq 100 and S&P 500 […]

SPACs are becoming less of a sure thing as the deals get stranger, shares roll over

More than 370 U.S.-based blank-check companies with over $118 billion capital are actively seeking to make a match, according to data from SPAC Research. Faced with intense competition, deadline pressure and a volatile market, some SPACs had to settle for less ideal targets, and in some cases, throw their entire blueprint out the window. The […]