US Open

US stocks head for a quiet open as the CPI-fueled rally runs out of steam. Several Fed speakers have warned that rates need to stay high for longer, and they want to see more evidence of inflation cooling before cutting rates. The Dow Jones remains below the key 40,000 level that it breached yesterday. There is no high-impacting data today. Attention will remain on Fed speakers.

US stocks pause for breath after yesterday's rally following cooler CPI data. While the data boosted rate cut optimism, NY Fed President Williams warned that more evidence of inflation cooling was needed in order to cut rates. Separately, Walmart is set to open sharply higher after beating earnings and revenue forecasts.

US stocks are rising, heading back towards record higher after US CPI data cooled for the first time in six months in April. US CPI rose 0.3% MoM in April, below the 0.4% rise forecast. US retail sales were also weaker than expected at 0%. The data sent treasury yields and the USD lower while boosting stocks. The meme-stock euphoria was also showing signs of cooling.

US stocks point to a mildly higher start despite hotter than-expected US PPI data ad amid signs that meme stock mania is having a revival. GameStop opened over 100% higher after rising over 70% yesterday. Federal Reserve Chair Jerome Powell will speak shortly.

US stocks are set to continue the recent bullish run as treasury yields fall and attention turns to Wednesday's CPI report. Dow Jones posted its best weekly performance since December last week, supported by earnings and signs of a weaker labour market. US Fed speakers are in focus today ahead of Wednesday's CPI report, Recent Fed speakers have supported the view that rates may need to stay high for longer.

US stocks extended gains from yesterday and are on track for a weekly rise as rate cut hopes dominate. Weaker-than-expected jobless claims after Friday's softer non-farm payroll data have boosted hopes that the Fed could cut rates in September. Meanwhile, upbeat earnings season has also helped the mood. Oil prices are set for a weekly rise as the demand outlook improves.

US stocks are set for a quiet open as the market weighs up more Fed officials supporting high rates for longer, with signs of a cooling jobs market. US jobless claims rose by more than expected, which, after Friday's softer non-farm payroll, could indicate that the labour market is starting to ease. Earnings continue to roll in with Arm falling after FY 2025 revenue guidance disappointed.

US stocks are pointing to a modestly weaker start as the market continues to assess when the Federal Reserve may start to cut interest rates and by how much. Comments from Fed speakers yesterday raised questions over whether the Fed would cut at all in 2024. In the absence of economic data, Fed speakers remain under the spotlight today. Attention is also on earnings, with Uber set to open lower after posting a loss.

US stocks are set to open higher after impressive numbers from Alphabet and Microsoft. Meanwhile, US core PCE, the Fed's preferred gauge for inflation, was hotter than expected at 2.8% YoY, which is in line with February. Personal spending was stronger than expected. The data supports the view that the Fed is in no rush to cut rates. The central bank meets next week.

Meta beat earnings and revenue forecasts with EPS of $4.71 on revenue of $36.46 billion. However, the share price has slumped after weaker revenue guidance and higher spending plans. The selloff has hit sentiment and dragged other tech stocks lower. Meanwhile, the US Q1 GDP was weaker than expected, at 1.6%, annualised. However, core PCE inflation rose more than expected across the quarter. The Dow Jone analysis sees the price testing support at 38000,

Stocks are pointing to a modestly higher start as earnings continue to roll in. However, gains could be limited after stronger-than-expected US durable goods orders revived concerns over the Fed keeping rates high for longer. Tesla is set to open 12% higher despite missing both earnings and revenue estimates. The market was more impressed by the news of an acceleration in the production of affordable EV models. Meta will report after the close.

US indices point to a stronger start as corporate earnings continue to roll in. Earnings are providing a welcomed distraction after worries over the Fed keeping rates high for longer hurt sentiment last week. US PMI data is due shortly and is expected to show business activity grew at a faster pace. Tesla is due to report after the close after the EV maker's deliveries fell in Q1 and as the share price trades down 40% this year.

US stocks are set to open higher after steep losses across the previous week. The S&P500 fell over 3% last week and the Nasdaq 6% amid expectations that the Fed will keep rates high for longer. Attention this week is turning to tech earnings, with Tesla, Meta, Alphabet, and Microsoft reporting earnings. US core PCE and Q1 GDP data later in the week will also be in focus.

US stocks are set for a mixed open as Iran downplays Israel's attack, helping fears fade. Futures recovered earlier losses, and oil gave back earlier losses. Netflix reported stronger-than-expected Q1 earnings and revenues but is set to fall on the open after revenue guidance for the current quarter was modestly weaker than expected.

US stocks are inching higher after recent losses as chip stocks rebound following impressive earnings from TSMC and despite jobless claims coming in stronger than expected. TSMC is considered a bellwether for chip stocks, so the upbeat earnings have helped the sector, which had fallen in recent weeks. Attention is now turning to Netflix earnings after the closing bell.

US stocks are inching higher with corporate updates in focus, and after US Fed Chair Powell dampened rate cut expectations. More Fed officials will speak today, and more hawkish commentary could impact sentiment. The market is currently pricing in a 40% probability of a July rate cut. United Airlines flies higher after encouraging results.

US stocks are set to open modestly higher in cautious trade ahead of a speech by Federal Reserve Chair Jerome Powell. US treasury yields rose to the highest level since November, a day after stronger-than-expected US retail sales data, which could limit the upside for stocks. Earnings from Bank of America and Morgan Stanley were better than expected.