Asian stocks are set for a weak open Wednesday after gains in US tech firms countered a slump in financial shares. Oil regained some ground after driving a commodities index to its lowest in more than three years.
-- US stock futures dropped and bonds rose before a key inflation report amid concern the Federal Reserve has waited too long to ease monetary policy.
The closely-watched inflation report later will probably show US consumer prices climbed in August at the slowest pace in more than three years. S&P 500 futures slipped 0.2%. The yield on the two-year Treasuries most sensitive to monetary policy was little changed at 3.58%. Stocks in renewable energy producers rose, gaining strength from the debate and Harris’ advocacy of green energy.
Pacific Rim Top Asia Pacific Rim Australia Materials Banking Bonds Business Canada Top Canada China Markets Company News Etfs Europe Top Europe Financials Currencies Futures Germany Government India Industry Japan Metals & Mining Middle East North America Energy Oil South Korea Stock Market News Technology Technology Services Top News United Kingdom Unites States World Market Industry Wraps Top World
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market today: Stock futures little changed after markets claw back August lossesStock futures were little changed ahead of Friday's opening bell with US stocks on pace for their best week of the year.
Read more »
Stock market today: Dow leads US futures higher in aftermath of Nvidia earningsThe dust is settling after Nvidia's solid but disappointing earnings, as investors reassessed the prospects for techs.
Read more »
Stock market today: Nasdaq leads US futures higher as Powell waits in the wingsInvestors are bracing for a pivotal speech by Fed Chair Jerome Powell that is likely to shape expectations on policy, the economy, and the future path of...
Read more »
Stock market today: US futures edge up as rate-cut bets shift, with Nvidia on horizonStocks are eyeing fresh record highs after Jerome Powell made it crystal clear the Fed is ready to pivot to lowering rates in September.
Read more »
Stock market today: US futures edge higher as Walmart surges with retail sales, jobs data aheadWall Street is looking to two key signals of US consumer health, as well as more insight on the jobs market.
Read more »
Stock market today: S&P 500, Dow futures waver as inflation report loomsInvestors are gearing up for a consumer inflation print seen as crucial to determining the size of the first US interest-rate cut in years.
Read more »