Nasdaq Futures are indicating a subdued start for Wall Street this week, with the SPDR S&P 500 ETF Trust and the Invesco QQQ Trust Series 1 down in pre-market trading.
The U.S. Dollar is on the rise against a basket of major currencies following stronger-than-expected jobs data, leading to higher rate hike expectations.
Treasury yields rose following the release of positive US economic reports, indicating potential for further interest rate hikes.
U.S. stock market futures retreat at start of new week due to earnings uncertainty and recent gains. OPEC, U.S. Treasury and FOMC events also in focus.
U.S. stock index futures rose slightly on Monday due to expectations of China reopening its borders and a potential slower rate of rate hikes by the Federal Reserve.
Investors are keeping a close eye on the December Consumer Price Index, as U.S. stock futures experienced a slight increase during Sunday’s overnight trading.
Investors should watch out for 3 stocks this Friday: GBX, Costco Wholesale Corporation, and World Wrestling Entertainment, Inc. (WWE).
Yesterday’s Russell 2000 futures divergence from the other three indices showed signs of potential change, but it is still within its expected range.
Indonesia is taking steps to reform its financial sector and strengthen its economy by establishing a dedicated cryptocurrency exchange.