(Updates prices as of 1618 GMT) By Polina Devitt LONDON, Aug 15 (Reuters) - Prices for copper and otherbase metals fell in London on Tuesday, as the outlook for demandfrom top consumer China worsened after data showed slowingindustrial output growth and falling property investment. Benchmark copper on the London Metal Exchange (LME)was down 1.2% at $8,191.5 a metric ton at 1618 GMT aftertouching...Read More
Equity index futures were lower this morning. S&P 500 futures were down 30 points at 8:35 AM EDT.Index futures were virtually unchanged following release of economic news at 8:30 AM EDT:Consensus for the August Empire State Manufacturing Survey was a drop of 0.75 versus a gain of 1.10 in July. Actual was a drop of 19.0. Consensus for U.S. July Retail Sales was an increase of 0.4% versus a gain...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 6 points in pre-opening trade.US Steel gained $0.22 to $22.72 after the company confirmed receipt of multiple unsolicited proposals to acquire some or all of the company.Amgen gained $0.96 to $263.47 after Mizuho raised its target price from $214 to $223.Tesla dropped $4.95 to $237.70 after reducing the price of its a...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 10 points at 8:35 AM EDT.S&P 500 futures dropped 6 points following release of the July Producer Price Index at 8:30 AM EDT. Consensus was an increase of 0.2% versus a gain of 0.1% in June. Actual was an increase of 0.3%. On a year-over-year basis consensus was an increase of 0.7% versus a gain of 0.1% in June. Ac...Read More
Equity index futures were higher this morning. S&P 500 futures added 25 points at 8:35 AMIndex futures were unchanged following release of U.S. July Consumer Price Index at 8:30 AM EDT. Consensus was an increase 0.2% versus a gain of 0.2% in June. Actual was an increase of 0.2%. On a year-over-year basis, consensus was expected to increase 3.1% versus a gain of 3.0% in June. Actual was an incr...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 7 points in pre-opening trade. IAC dropped $5.98 to $61.10 after reporting lower than consensus second quarter revenues. ZipRecruiter fell $2.13 to $15.26 after lowering third quarter revenue guidance.Toast gained $2.56 to $22.78 after reporting higher than consensus second quarter revenues. Wal-Mart added $0.29 to $16...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 33 points at 8:35 AM EDT. Index futures were unchanged following release of the U.S. June Trade Balance at 8:30 AM EDT. Consensus was a deficit of $65.70 billion versus a deficit of $69.00 billion in May. Actual was a deficit of $65.5 billionPalantir added $0.26 to $18.25 after offering positive revenue guidance. The...Read More
(In Aug 7 story, corrects to 2021 from 2011 in third paragraphand removes incorrect paragraph on Piedmont's supply to Teslarelying partly on Atlantic's Ghana operations) Aug 7 (Reuters) - Atlantic Lithium said onMonday the Africa-focused company was confident of getting alease for a lithium mine in Ghana following the approval of agreen minerals policy by the country's government. The company sai...Read More
Index futures were higher this morning. S&P 500 futures were up 8 points at 8:35 AM EDT.Index futures were unchanged following release of July Non-farm Payrolls released at 8:30 AM EDT. Consensus calls for an increase of 184,000 versus a gain of 209,000 in June. Actual was an increase of 187,000. Consensus calls for the July Unemployment Rate to be unchanged from June at 3.6%. Actual was 3,5%....Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 18 points at 8:35 AM EDTIndex futures were unchanged following release of U.S. second quarter Non-farm Productivity at 8:30 AM EDT. Consensus was an increase of 1.1% versus a drop of 2.1% in the first quarter. Actual was an increase of 3.7%.Bank of England raised its discount rate by 0.25% to 5.25%.Qualcomm dropped $9...Read More
Equity index futures were lower this morning. S&P 500 futures were down 26 points at 8:30 AM EDT.Index futures moved lower overnight after Fitch downgraded the U.S. long term credit rating from AAA to AA+Advanced Micro Devices gained $4.97 to $122.57 after reporting higher than consensus quarterly results.Mosaic slipped $0.23 to $40.00 after reporting lower quarterly revenues and earnings. Ele...Read More
U.S. equity index futures were lower this morning. S&P 500 Index was down 19 points at 8:30 AM EDT.Republic Services added $0.64 to $151.75 after reporting higher than consensus second quarter results. The company also offered positive guidance. Pfizer dropped $0.32 to $35.74 after reporting less than consensus second quarter earnings. Caterpillar advanced $3.33 to $268.50 after reporting high...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 7 points at 8:30 AM EDT.Salesforce.com dropped $3.84 to $221.76 after Morgan Stanley downgraded the stock from Overweight to Equal Weight.Ford slipped $0.13 to $13.13 after Jefferies downgraded the stock from Buy to Hold.United Parcel Services dropped $1.96 to $185.93 after Credit Suisse downgraded the stock from Outpe...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 28 points at 8:35 AM EDTIndex futures were unchanged following release of economic news at 8:30 AM EDT:June Core PCE Price Index was expected to increase 0.2% versus a gain of 0.3% in May. Actual was an increase of 0.2%. On a year-over-year basis, the Index was expected to increase 4.2% versus a gain of 4.6% in May. Ac...Read More
Equity index futures were higher this morning. S&P 500 futures added 36 points at 8:35 AM.S&P 500 futures added 4 points following release of economic news at 8:30 AM EDT:June Durable Goods Orders were expected to increase 1.0% versus a gain of 1.7% in May. Actual was an increase of 4.7%. Excluding Transportation, June Durable Goods Orders were expected to slip 0.1% versus a gain of 0.6% i...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 7 points at 8:30 AM EDT.Focus today is release of the Federal Reserve's decision on interest rates at 2:00 PM EDT. Consensus calls for a 0.25% in the Fed Fund Rate to 5.50%. Microsoft dropped $11.86 to $339.12 despite reporting higher than consensus fiscal fourth quarter revenues and earnings Wells Fargo gained $1.37...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 2 points at 8:30 AM EDT.Whirlpool dropped $2.26 to $148.50 despite reporting higher than consensus second quarter earnings. The company reported less than consensus second quarter revenues. NXP Semiconductors added $2.72 to $213.60 after reporting higher than consensus second quarter revenues and earnings. F5 Inc advan...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 16 points at 8:35 AM EDT.Today is the last trade day for July listed equity and index options. The Canadian Dollar slipped 0.05 to U.S.75.79 following release of May Canadian Retail Sales at 8:30 AM EDT. Consensus was an increase of 0.5% versus a downwardly revised 1.1% gain in April. Actual was an increase of 0.2%.Cap...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 10 points at 8:35 AM EDT.Index futures were unchanged following release of the July Philly Fed Manufacturing Index at 8:30 AM EDT. Consensus was an improvement to -9.7 from -13.7 in June. Actual was -13.5.Netflix dropped $39.44 to $438.15 after reporting less than consensus second quarter revenues. The company also of...Read More
U.S. equity index futures were mixed this morning S&P 500 futures were unchanged at 8:35 AM EDT.Index futures were unchanged following release of U.S. June Housing Starts at 8:30 AM EDT. Consensus was a drop to 1,450,000 units from revised 1,559,000 units in May. Actual was a drop to 1.434,000 units.Interactive Brokers dropped $3.70 to $82.47 after reporting less than consensus second quarter...Read More