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US Stocks Could Wobble As Powell’s Inflation Obsession Intensifies Rate Uncertainty: Will Nasdaq Wipe Off Week’s Gains?

U.S. stocks are priming for a lackluster open on Friday, with the index futures trading on a narrowly mixed note. Interest rate worries have likely perked up, as reflected by the upward move in bond yields. Traders are also left to digest some disappointing earnings reports. Global cues are negative as well.

$ETC

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Wall Street To Snap Longest Winning Streak Since 2021 Today? Earnings, Bond Yields In Focus Ahead Of Powell’s Speech

The stock market’s momentum appears to be waning, and futures suggest a mixed opening for Thursday. Earnings reports have generally been positive, with companies like Walt Disney Co.

AFRM

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Asia Mostly Up, Europe Gains On Strong Earnings, Crude Above $75 Again – Global Markets Today While US Was Sleeping

On Wednesday, November 9th, the U.S. stock markets closed mixed after the Dow Jones Industrial Average ended its seven-day winning streak. In economic data, U.S. wholesale inventories experienced a 0.2% uptick in September month-to-month, marking an improvement from the 0.1% decrease seen in the preceding month.

ADIV

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US Stocks Set To Open Flat After Hot 7-Day Rally: Traders Sharpen Focus On Powell’s Speech, Disney Earnings

Stock futures indicate a subdued opening on Wednesday after several consecutive gains in major averages. Traders are eagerly awaiting Federal Reserve Chair Jerome Powell’s speech for insights into possible rate cuts. Media earnings, including Walt Disney Co.

AC

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Asia Down, Europe Markets Trade Higher While Crude Oil Nears $75 – Global Markets Today While US Was Sleeping

On Tuesday, November 8th, the U.S. stock markets closed higher, with the S&P 500 and Nasdaq hitting a two-year high streak as falling Treasury yields boosted big tech stocks. In economic data, the U.S. trade deficit widened to $61.5 billion in September from a revised $58.7 billion the previous month, surpassing market expectations of $59.9 billion.

ADIV

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Asia And Europe Markets Dip, Crude Oil Trades Below $80 – Global Markets Today While US Was Sleeping

On Monday, November 6th, the U.S. stock markets closed in Green as investors awaited Federal Reserve policy updates and prepared for new bond offerings. The Dow and S&P 500 extend their winning streak to six days, while the Nasdaq gains for the seventh consecutive session.

ADIV

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Asia Market Rise, Europe Slides, Crude Stays Above $80 – Global Markets Today While Us Was Sleeping

On Friday, November 3rd, the U.S. stock markets closed higher on falling bond yields amid slowing job growth and rising unemployment, signaling a potential pause in the Fed's rate hikes. In economic data, U.S. job growth slowed with 150,000 new positions in October, falling short of the expected 180,000, while unemployment edged up to 3.9% and wage growth modestly increased.

ADIV