U.S. stock index futures were little changed early Wednesday as investors continued to monitor political and economic uncertainties across the globe. At 6:30 a.m. ET, Dow futures implied an open of less than 5 points. Futures on S&P 500 and Nasdaq were also relatively flat.
Boeing Co, the best performing Dow component this year by a wide margin, dropped 6.7 percent after many airlines grounded the company’s new 737 MAX 8 passenger jet. Helping markets gain ground was the heavyweight Dow component’s stock bouncing off its session lows, while the Dow Jones Airlines index reversed course to trade 0.34 percent higher.
StockMarketNews.Today – Here are the top five things you need to know in financial markets on Monday, October 29:
StockMarketNews.Today – The US and UK both make the ranking for the top 10 most competitive countries in the world. However, when it comes to nations with the greatest amount of gross general government debt as a percentage of GDP, they also make the near top spots.
The Trump administration aims to step up trade talks with other countries, using its new pact with Canada and Mexico as a template to redefine rules on everything.
StockMarketNews.Today – Trade Representative Robert Lighthizer called the new North American trade deal a “paradigm-shifting model” of American policy that sends a tough message to U.S. trade partners, who are preparing for contentious negotiations arising from the new approach.
U.S. Stocks Open Higher on Central Bankers’ Upbeat Views.The Dow Jones Industrial Average and S&P 500 were on track to make a run at fresh records.
StockMarketNews.Today – The Dow Jones Industrial Average and S&P 500 were on track to make a run at fresh records Wednesday as investors weighed upbeat comments on the U.S. economy from central-bank officials and looked ahead to Friday’s jobs report.
StockMarketNews.Today – U.S. futures and the Canadian dollar pushed higher at the start of the final quarter after the U.S. and Canada reached a last-minute deal late Sunday night to revise the North American Free Trade Agreement.
Next financial crisis in the US could occur in 2020: JPMorgan While the duration of the next recession is unknown, the financial services firm has said it could see a US stock slide by about 20 percent.
StockMarketNews.Today – The next financial crisis in the US might happen in 2020, JPMorgan Chase & Co has said, according to a report by BloombergQuint.