US equity futures edged higher in light pre-holiday trading, pointing to a muted open on Wall Street following Monday's tech-driven rally. European stocks showed mixed performance with major markets closed or operating with reduced hours. The S&P 500 is poised for a record annual return, fueled by the strong performance of technology stocks. Meanwhile, European equities have lagged behind due to sluggish economic growth and political instability.
Robert Brand and Sagarika Jaisinghani, Bloomberg News -- US equity futures edged higher in muted pre-holiday trading, signaling a subdued open on Wall Street after Monday’s tech-led rally.
European stocks, by contrast, have lagged amid lackluster economic growth and political upheaval in France and Germany. The Stoxx 600 has dropped more than 4% since a September high, heading for its biggest quarterly loss in two years. Asian stocks rose, with shares in Mainland China and Hong Kong among the best performers, while those in Japan were mixed. Taiwan Semiconductor Manufacturing Co. touched a new record high, while Honda Motor Co. jumped after announcing a share buyback.
STOCK MARKET FUTURES TECHNOLOGY EUROPE ECONOMIC GROWTH
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.
U.S. Stock Futures Rise After Fed's Hawkish ShiftU.S. stock index futures rebounded Thursday following a sharp selloff triggered by the Federal Reserve's projections of fewer interest rate cuts and increased inflation in 2025.
Read more »
European Shares and Dollar Rise as Trading Volumes Thin Ahead of Thanksgiving HolidayEuropean shares and the dollar advanced on Thursday, reversing the previous day's decline, while Asian stocks slipped slightly. Trading volumes were thinning ahead of the U.S. Thanksgiving holiday. The Stoxx 600 index gained 0.62% in early trading, contrasting with a 0.75% drop over the last two sessions. MSCI’s broad Asia-Pacific index declined 0.52%, while Japan’s Nikkei advanced 0.56%. U.S. stock futures also edged higher despite the U.S. markets being closed. The U.S. consumer spending increased in October, pushing inflation up to 2.3%, which could limit future interest rate cuts. South Korea’s central bank unexpectedly lowered interest rates for the second consecutive meeting.
Read more »
European Markets Rise Ahead of Fed Rate DecisionEuropean equities opened higher on Wednesday, following a mixed performance in Asian markets, as investors await the Federal Reserve's final interest rate decision of the year. France's CAC 40, Germany's DAX, and Britain's FTSE 100 all showed gains.
Read more »
European Shares Rise Despite Fed UncertaintyEuropean stock markets finished higher Wednesday, buoyed by technology stocks and Renault, despite cautious sentiment ahead of the Federal Reserve's policy announcement.
Read more »
U.S. and European Shares Rise Ahead of Fed DecisionInvestors are closely watching the Federal Reserve's policy decision, expecting a 25 basis point rate cut. Market sentiment is cautiously optimistic, hoping for clues on future rate trajectory and the long-term neutral rate. Major U.S. indices and European shares are showing gains, but trading remains subdued ahead of the Fed's announcement.
Read more »
European Shares Rise as Dollar Strengthens and China Unveils Fiscal Stimulus PlansEuropean shares edged higher on Tuesday, buoyed by a strengthening US dollar and positive news from China regarding fiscal stimulus plans. However, investor caution persists due to ongoing economic challenges in both Europe and China.
Read more »