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Stock futures slide, volatility spikes in response to May CPI
Yahoo Finance Video66d agobullishVIDEO
Stock futures slide, volatility spikes in response to May CPI

US stock futures (ES=F, NQ=F, YM=F) tick lower in Wednesday's pre-market trading after consumer prices rose 0.5% month over month and 4.2% year over year in May, according to the latest Consumer Price Index (CPI) survey. Yahoo Finance Markets and Data Editor Jared Blikre takes a closer look at the market reaction to the inflation data, especially in the bond market (^TYX, ^TNX, ^FVX) and various commidites. Additionally, core CPI — which excludes food and energy costs — rose 0.3% monthly and 2.9% yearly. All numbers met economists' estimates.

Morning Bid: Buy the chip
Reuters67d agobullish
Morning Bid: Buy the chip

By Mike Dolan June 9 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Relief rally, dip-buying or a dead cat bounce?

Cathie Wood buys $99 million of popular megacap stock
TheStreet70d agobullish
Cathie Wood buys $99 million of popular megacap stock

Cathie Wood, chief of Ark Investment Management, has actively traded tech stocks as investors search for the biggest beneficiaries of the AI boom. Wood just made one of her biggest trades of the year in the past week, snapping up roughly $99 million worth of shares in Google’s parent company, ...

Investing.com70d agobullish
Citi lifts S&P 500 target to 8100 as AI boom fuels episodic earnings surge

Investing.com -- Wall Street is recalibrating its long-term equity projections even as macroeconomic turbulence shakes the broader market. Citigroup equity strategist Scott Chronert lifted the bank's year-end 2026 target for the S&P 500 to 8100, up from his previous forecast of 7700. This aggressive upward revision hinges on a massive acceleration in corporate profitability rather than expanding valuation multiples, according to Chronert. The strategist now projects index-level earnings to hit $

Nasdaq Futures Drop as AI Rally Halts Ahead of Jobs Report. Dow Edges Up After Record High.
Barrons.com71d agobullish
Nasdaq Futures Drop as AI Rally Halts Ahead of Jobs Report. Dow Edges Up After Record High.

Stocks were headed for the red on Friday as investors ditched tech ahead of the May jobs report, which will give the market a better idea of whether there will be scope for the Federal Reserve to hike interest rates later this year. Futures tracking the Dow Jones Industrial Average rose 29 points, or 0.1%. S&P 500 futures fell 0.6% and contracts tied to the tech-heavy Nasdaq 100 dropped 1.3%.

Morning Bid: Quantum leap
Reuters73d agobullish
Morning Bid: Quantum leap

By Mike Dolan June 3 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Oil prices and bond yields have pushed higher as hostilities in the