U.S. stock futures are slightly lower after S&P 500 snaps 7-day winning streak
U.S. stock futures opened slightly lower Tuesday night after the S&P 500 ended a seven-day winning streak, its longest since August.Dow Jones Industrial Average futures fell by 54 points, or 0.16%. S&P 500 and $Nasdaq$ 100 futures dipped 0.10% and 0.06%, respectively.During the regular session, the 30-stock Dow fell 208.98 points, or 0.6%. The S&P 500 ended the day down by 0.2%. The Nasdaq Composite rose nearly 0.2%. The tech-heavy index rose to a fresh all-time high on Tuesday.$Investors$ may b
Is the Stock Market Open or Closed on Independence Day?
Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.So will the major markets open or close for the holiday?The New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.It's one of nine full-closing daysfor the stock market this year.For instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading i
Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.
Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services , the company’s dominant cloud-computing business.As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. . Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable
Fed Minutes, Levi’s Earnings, Stellantis EV Day, and Other Things to Watch This Week
U.S. stock and bond markets are closed on Monday for $Independence$ Day. The highlights next week will be on the economic and policy fronts, with little corporate news. Levi Straussreports fiscal second-quarter earnings on Thursday, when Stellantis also hosts an investor event to discuss the carmaker’s electrification strategy.On Wednesday, the Federal Reserve’s policy committee publishes minutes from its eventful mid-June meeting, when officials signaled sooner interest-rate increases and taper