A Peek Into The Markets: US Stock Futures Signal Higher Start On Wall Street
Pre-open movers
U.S. stock futures traded higher in early pre-market trade after the Nasdaq tumbled over 300 points in the previous session despite better-than-expected jobs report for May.
Futures for the Dow Jones Industrial Average jumped 236 points to 33,124.00 while the Standard & Poor's 500 index futures rose 39.25 points to 4,146.25. Futures for the Nasdaq index climbed 160 points to 12,711.00.
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Oil prices traded higher as Brent crude futures rose 0.5% to trade at
The U.S. has the highest number of COVID-19 cases and deaths in the world, with total infections in the country exceeding 86,522,560 with around 1,033,590 deaths.
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A Peek Into Global Markets
European markets were higher today. The STOXX Europe 600 Index gained 0.9%,
Asian markets traded mixed today.
Broker Recommendation
RBC Capital upgraded ResMed Inc. NYSE:RMD from Sector Perform to Outperform and raised the price target from
ResMed shares fell 1.4% to close at
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Breaking News
- Alibaba Group Holding Ltd NYSE:BABA affiliate company Ant Group has set up a digital bank called ANEXT Bank in
Singapore , and it will be organized as a wholly-owned subsidiary of Ant Group. - Amid the Russian invasion of
Ukraine , the Russian Ministry of Construction, Housing and Utilities website was hacked with an internet search for the site leading to a sign-in page saying "Glory toUkraine ." - WhatsApp, the instant messaging application from Meta Platforms Inc NASDAQ:FB, is planning another layer of verification in order to deter fraud on smartphones running operating systems from Apple Inc NASDAQ:AAPL and Alphabet Inc NASDAQ:GOOGL NASDAQ:GOOG.
- Nio Inc NYSE:NIO has returned to operating at pre-COVID lockdown levels in
Shanghai , CnEVpost reported on Monday, citing the electric vehicle maker's post on the company's mobile app.
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