Key Points to Watch Out For: Keurig Dr Pepper (KDP) and JDE Peet’s (JDEP): $18B Acquisition Keurig Dr Pepper announced an $18 billion deal to acquire the owner of Peet’s Coffee, ahead of the planned spin-off of its coffee brands. JDE Peet’s shares surged 17% on the news, while Keurig Dr Pepper slipped 2% in […]
U.S. stock index futures edged lower in premarket trading Monday, following sharp gains on Wall Street after dovish remarks from Federal Reserve Chair Jerome Powell signaled the prospect of near-term interest rate cuts. Investor attention this week is firmly on earnings from artificial intelligence leader NVIDIA Corporation (NVDA), widely seen as a key indicator for […]
Key Points to Watch Out For: Lowe’s (LOW), TJX (TJX), Target (TGT) and Analog Devices (ADI): Reports before the open Lowe’s is set to release results before the bell. TJX, the parent of T.J. Maxx, will also report ahead of the open. Target is due to publish its earnings before the open, as is Analog […]
U.S. stock index futures slipped slightly on Wednesday as investors remained risk-averse ahead of key economic signals and central bank commentary from this week’s Jackson Hole Symposium. At 05:40 ET (09:40 GMT), Dow Jones futures were down 72 points, or 0.2%, S&P 500 futures fell 7 points, or 0.1%, and Nasdaq 100 futures declined 33 […]
The U.S. dollar edged higher on Wednesday as traders looked ahead to the release of the Federal Reserve’s July meeting minutes, followed by the annual Jackson Hole symposium, both expected to provide fresh signals on the central bank’s monetary policy outlook. At 04:55 ET (08:55 GMT), the Dollar Index, which tracks the greenback against six […]
Key Points to Watch Out For: Intel (INTC): SoftBank Investment and Possible U.S. Stake Shares gained 6% in premarket trading after SoftBank agreed to invest $2 billion. The announcement coincides with reports of a potential U.S. government bailout that could involve a 10% ownership stake. SoftBank shares slipped 4% in Tokyo following the news. Medtronic […]
U.S. stock index futures were little changed Tuesday, with investors holding back ahead of the Federal Reserve’s Jackson Hole Symposium and a wave of retail earnings later this week. At 05:50 ET (09:50 GMT), Dow Jones Futures edged up 10 points, or 0.1%, while S&P 500 Futures dipped 3 points, or 0.1%, and Nasdaq 100 […]
The U.S. dollar edged lower Tuesday, giving back early gains as caution prevailed following the White House summit on Ukraine. At 04:40 ET (08:40 GMT), the Dollar Index, which measures the greenback against six major peers, slipped 0.1% to 97.920 after modest overnight gains. Dollar Trades in Narrow Range U.S. President Donald Trump assured President […]
Key Points to Watch Out For: Novo Nordisk (NVO): FDA Approval for Wegovy The FDA approved Wegovy for the treatment of a form of liver disease. Shares gained nearly 5.5% in Denmark. Wegovy, already known as a weight-loss drug, is now cleared for this additional indication, strengthening Novo Nordisk’s market position. Soho House (SHCO): Move […]
U.S. stock index futures edged lower Monday, consolidating after last week’s gains as investors looked ahead to a meeting between Ukraine President Volodymyr Zelensky and U.S. President Donald Trump in Washington, alongside the closely watched Jackson Hole Symposium. At 05:35 ET (09:35 GMT), Dow Jones Futures slipped 33 points, or 0.1%, S&P 500 Futures declined […]
