Nasdaq Futures Drop 2% on Dim Earnings; Yields Dip: Markets Wrap
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Source: bloombergquint.com
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US Equity Futures Tumble After Tech Rout
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
VIX and Biotech ETFs Invigorated Amid Pfizer COVID Pill News
Just when it seemed like the Omicron coronavirus variant might overshadow the traditional Santa Claus Rally, equities gained momentum.
Source: etftrends.com
Asian Stocks Set to Dip After Tech-Led U.S. Drop: Markets Wrap
(Bloomberg) -- Asian stocks looked set to dip early Friday following a technology-led decline in U.S. shares as tightening monetary policy to fight inflation buffets investor sentiment. Equity futures pointed lower for Japan and were little changed for Australia and Hong Kong.
Source: bloombergquint.com
Earnings Surprises Fuel S&P 500 Gains Before Fed: Markets Wrap
(Bloomberg) -- The relentless rally in stocks pushed major U.S. benchmarks to their all-time highs just a day before the Federal Reserve’s policy decision. Underpinning that strength is the fact that profit margins have held up incredibly well, despite soaring commodity prices and supply-chain snarls. Many companies have been able to pass through rising costs to consumers, with the majority beating earnings estimates. Regardless of what the Fed may say or do Wednesday, there’s a perception the U.S. will still have comparatively low rates, which bodes well for stocks. “While the upside fo...
Source: swissinfo.ch