Monday, June 14, 2021
JAY TALKS CRYPTO
No Result
View All Result
  • Home
  • Bitcoin
    • Bitcoin Live
  • Ethereum
  • Cryptocurrency
    • Cryptocurrency live
  • Altcoins
    • Altcoins Daily
  • Cardano
    • Cardano Price Prediction
  • XLM Live
    • XLM
  • XRP
  • Litecoins
  • Dogecoin
  • More
    • Coingecko
    • Coin Bureau
  • Videos
JAY TALKS CRYPTO
No Result
View All Result
Home Bitcoin Live

US STOCKS-Wall St set for slightly lower open ahead of Fed minutes

admin by admin
April 7, 2021
in Bitcoin Live
0
US STOCKS-Wall St set for slightly lower open ahead of Fed minutes
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


By Shivani Kumaresan, Medha Singh

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.)

* Shares of energy firms, cruise operators rise

* Prison operator GEO tumbles on dividend suspension

* Fed minutes to be release at 2 p.m. ET

* Futures: Dow, S&P and Nasdaq down about 0.1% (Adds comment, details; updates prices)

April 7 (Reuters) - Wall Street’s main indexes were set to dip at open on Wednesday as investors cautiously awaited minutes from the Federal Reserve’s last meeting that could offer clues on the central bank’s views on inflation and an economic recovery.

Massive fiscal stimulus and swift vaccinations prompted several Fed officials at the meeting last month to project interest rate increases as early as next year, opening up a gap with those who do not see rates rising until 2024 at the earliest.

“The only thing that could move markets would be a surprise in the minutes regarding the discussion of raising rates,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago.

“At this point nobody is anticipating that.”

A strong monthly payrolls report, which helped the S&P 500 hit its fourth consecutive record high on Tuesday, is only a small step towards the central bank’s threshold for considering tapering its massive support for the economy.

Value stocks, which include economically sensitive sectors, maintain a strong lead this year over their growth counterparts, dominantly tech-related firms. However, a resurgence in demand for tech stocks in recent sessions has raised questions over the longevity of value trade.

The upcoming first-quarter earnings season and progress in a multi-trillion infrastructure proposal could decide the path forward for market.

“The earnings season should be pretty good as we are seeing the economy reopen, jobs coming back … the expectation is increased guidance,” Nolte added.

At 8:20 a.m. EDT, Dow E-minis were down 32 points, or 0.1%, S&P 500 E-minis were down 3.5 points, or 0.09% and Nasdaq 100 E-minis were down 11.75 points, or 0.09%.

Shares of energy firms Chevron Corp and Occidental Petroleum and cruise operators Norwegian Cruise Line , Carnival Corp and Royal Caribbean Cruises Ltd gained between 0.9% and 3.6% in premarket trading on optimism about an economic reopening.

Prison operator GEO Group fell about 10% after suspending quarterly dividend payments.

Shares of Ebon International rose 5% after the Chinese bitcoin mining machine maker responded to short-seller Hindenburg Research’s critical report. (Reporting by Shivani Kumaresan in Bengaluru; Editing by Maju Samuel)



Source link

Related articles

Goldman Sachs expands in crypto trading with plans for Ether options

Goldman Sachs expands in crypto trading with plans for Ether options

June 14, 2021
Live Oil majors boost FTSE to pandemic high – live updates – Telegraph.co.uk

Live Oil majors boost FTSE to pandemic high - live updates - Telegraph.co.uk

June 14, 2021
Tags: AheadFedMinutesopenSetslightlySTOCKSWall
Share76Tweet47

Related Posts

Goldman Sachs expands in crypto trading with plans for Ether options

Goldman Sachs expands in crypto trading with plans for Ether options

by admin
June 14, 2021
0

Goldman Sachs Group Inc. is moving beyond the world of Bitcoin and expanding into Ether. The bank plans to...

Live Oil majors boost FTSE to pandemic high – live updates – Telegraph.co.uk

Live Oil majors boost FTSE to pandemic high - live updates - Telegraph.co.uk

by admin
June 14, 2021
0

Live Oil majors boost FTSE to pandemic high - live updates  Telegraph.co.uk Source link

Sensex, Nifty near day’s highs; WPI gallops to 12.94%

Sensex, Nifty near day’s highs; WPI gallops to 12.94%

by admin
June 14, 2021
0

Indian indices shed previous week's gain on Monday. While most Asian markets will remain closed for trade on Monday,...

Stock Market Today: Dow, S&P Live Updates for June 14, 2021

Stock Market Today: Dow, S&P Live Updates for June 14, 2021

by admin
June 14, 2021
0

Treasury yields edged higher Monday as investors prepared for a key Federal Reserve meeting later in the week. Stocks...

Bitcoin faces fresh scrutiny as police call for new powers to freeze crypto assets in the U.K.

Bitcoin faces fresh scrutiny as police call for new powers to freeze crypto assets in the U.K.

by admin
June 14, 2021
0

Bitcoin is under scrutiny in the U.K., as the country’s largest police force called for new powers to freeze...

Load More
  • Trending
  • Comments
  • Latest
2021 Coinbase Debit Card Review • Pros, Cons & More • Benzinga

2021 Coinbase Debit Card Review • Pros, Cons & More • Benzinga

April 14, 2021
MASSIVE NEWS Hokkaido inu Exchange news+ More! 1000x gem! If you missed shiba inu dont miss this!

MASSIVE NEWS Hokkaido inu Exchange news+ More! 1000x gem! If you missed shiba inu dont miss this!

May 12, 2021
Kishu Inu Mega pump! We called it first! Kishu inu Pump update+ Discord updates!

Kishu Inu Mega pump! We called it first! Kishu inu Pump update+ Discord updates!

May 15, 2021
Shiba Inu coin 1000x Exchange+massive news+ Shib Price Prediction!

Shiba Inu coin 1000x Exchange+massive news+ Shib Price Prediction!

May 11, 2021
Ethereum investment products see largest weekly outflows on record — CoinShares

Ethereum investment products see largest weekly outflows on record — CoinShares

0
Want to be rich? Bitcoin’s limited supply cap means you only need 0.01 BTC

Want to be rich? Bitcoin’s limited supply cap means you only need 0.01 BTC

0
Risky business

Risky business

0
Cardano Price Analysis: 07 March

Cardano Price Analysis: 07 March

0
Ethereum investment products see largest weekly outflows on record — CoinShares

Ethereum investment products see largest weekly outflows on record — CoinShares

June 14, 2021
Bitcoin tests resistance at $40,000, altcoins await the outcome of this battle

Bitcoin tests resistance at $40,000, altcoins await the outcome of this battle

June 14, 2021
Sell RIDE Stock After Lordstown Motors’ CEO and CFO Resign

Sell RIDE Stock After Lordstown Motors’ CEO and CFO Resign

June 14, 2021
Bitcoin’s Biggest Corporate Investor Raises $500 Million To Buy More—Topping Expectations As Crypto Surges

Bitcoin’s Biggest Corporate Investor Raises $500 Million To Buy More—Topping Expectations As Crypto Surges

June 14, 2021

Recent News

Ethereum investment products see largest weekly outflows on record — CoinShares

Ethereum investment products see largest weekly outflows on record — CoinShares

June 14, 2021
Bitcoin tests resistance at $40,000, altcoins await the outcome of this battle

Bitcoin tests resistance at $40,000, altcoins await the outcome of this battle

June 14, 2021

Categories

  • Altcoins
  • Altcoins Daily
  • Bitcoin
  • Bitcoin Live
  • Cardano
  • Cardano Price Prediction
  • Coin Bureau
  • Coingecko
  • Cryptocurrency
  • Cryptocurrency live
  • Dogecoin
  • Ethereum
  • Litecoins
  • Videos
  • XLM
  • XLM Live
  • XRP

Follow Us

Calculator

 
  • Privacy & Policy
  • About Us
  • Contact Us

© 2021 Jay Talks Crypto  

No Result
View All Result
  • Home
  • Bitcoin
    • Bitcoin Live
  • Ethereum
  • Cryptocurrency
    • Cryptocurrency live
  • Altcoins
    • Altcoins Daily
  • Cardano
    • Cardano Price Prediction
  • XLM Live
    • XLM
  • XRP
  • Litecoins
  • Dogecoin
  • More
    • Coingecko
    • Coin Bureau
  • Videos

© 2021 Jay Talks Crypto