US stock market falls
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Stock futures have inched up following the market's worst day in over a month, erasing weeks of gains and pulling back from record highs.
Wells Fargo analyst Ohsung Kwon says a sharp drop in the bank’s Sentiment Indicator last week has likely triggered a Buy signal.
S&P 500 futures are on the run as Advanced Micro Devices ( NASDAQ: AMD) leads the tech pivot higher. Last checked, the S&P 500 is up about 24 points. The SPDR S&P 500 ETF ( SPY) is up about $2.35. Dow futures are up 105, with the tech-heavy Nasdaq up about 152.
US stocks were mixed on Wednesday, with the Dow posting a fresh record but Big Tech stocks wobbling as chances grew that the record-long US shutdown will end soon. Meanwhile, hopes are rising for a key House vote that could end the longest government shutdown in US history as soon as today.
Energy stocks gained 0.36 percent, while PSU banks rose nearly 0.6 percent. Pharma also traded in the green. On the flip side, metals, autos and realty remained weak. Smallcaps outperformed modestly with a 0.
Dow falls nearly 800 points as shutdown ends, Disney drops after earnings
Consumer goods conglomerate Spectrum Brands ( SPB +9.79%) had a mixed fiscal fourth quarter of 2025 as detailed in the earnings release it published Thursday morning. Investors clearly chose to focus on the crushing net-income beat rather than the revenue miss, as they drove the company's stock price up by almost 10% during that trading session.
Famed investor and tech analyst Dan Ives said retail investors are now "at the adults' table" and should be taken seriously by Wall Street.
Range reports on market momentum and fundamentals, urging caution as signs of speculation and volatility emerge despite strong YTD gains.
Benchmark indices Nifty and Sensex opened the Friday session sharply lower as investors kept a close eye on the Bihar Election results. The frontline indices snapped a 4-day rally on November 14. Metal and IT stocks were the main drags,
The combination is concerning economic data and a historically high valuation could spell trouble for the U.S. stock market.