Pre-market futures are climbing into the green this morning, following a cooler-than-expected wholesale inflation report and better-than-expected financial Q2 earnings numbers out before the bell today. After starting off roughly -0.1% across the board, we're currently up +160 points on the Dow, +13 points on the S&P 500 and +14 on the Nasdaq.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
As jobless claims inch higher week over week, near-term PPI came in cooler than expected.
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Markets today look to the May PPI report and Adobe earnings, as futures dip and resistance levels hold.
Aside from last weekend's suspended reciprocal tariffs between the U.S. and China, and Tuesday's Consumer Price Index (CPI), this morning brings us the biggest bang for the buck in terms of grist for the economic mill. Just like every Thursday morning, this includes Weekly Jobless Claims.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Trade between the U.S. and China -- worth $582 billion in 2024 -- has apparently ground to a halt.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.