After the S&P500 index, US futures decreased on Thursday morning (Special post) For the second consecutive day, a new all-time reached high. Meanwhile, futures on nasdaq 100 (NDX), Dow Jones Industrial Average (DJIA), And S&P 500 were below EST at 3:39 pm, 0.32%on February 20, 0.19%and 0.25%.
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In the regular session of Wednesday, all three major indices were closed in the positive field. Nasdaq Composite (NDAQ), S&P 500, and Dow Jones received 0.07%, 0.24%and 0.16%respectively.
Importantly, investors digested minutes from the January meeting of the Federal Reserve released yesterday. Minutes, the central bank focused on curbing inflation before cutting interest rates.
In the news of the major stock market, Hims & Hers Health (HIMS) made a 17.5% increase on the plan to start laboratory tests at home through its platform. In contrast, BMBL declined by 30% on stock mixed Q4 results and weak revenue guidance. In addition, CEO Alex Carp is looking at the shares of Alex carp company and the US government to sell plans to cut the defense budget of Palaantir (Pltr).
Given further, the major economic data release includes reports of weekly unemployed claims. In addition, many major companies, such as Walmart (WMT), Alibaba (U), Rivian (RIVN), Booking Holdings (BKNG), and Pneumont Mining (Neem) are scheduled to release earnings today.
Meanwhile, the US 10-year-old Treasury yield was low, floating near 4.521%. In addition, WTIs are less trending futures of crude oil, hovering near $ 71.95 per barrel as the last check.
Somewhere else, European indices mixed on Thursday as investors evaluated several income reports and kept a close watch on the events in the ongoing trade war and Ukraine.
Asia-Pacific Markets do less business on Thursday
Most of the Asia-Pacific Index were in red color today as investors assessed the impact of the proposed tariffs on US President Donald Trump’s automobile, semiconductor and drug imports.
At the same time, Hong Kong’s Hang Seng index was 1.6%below. In addition, Japan’s Nikkei and topics indices recorded a decline of 1.24% and 1.18% respectively. In addition, China’s Shanghai Composite Index fell 0.023%, while the Shenzen Component Index was up 0.02%.
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