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Dow futures trade higher; Lowe’s leads off more retail earnings
Titan Investments — U.S. stock futures edged higher Tuesday, as investors attempted to build on the momentum of the previous session ahead of more earnings from major retailers. By 06:30 ET (10:30 GMT), the Dow Futures contract was up 80 points, or 0.2%, S&P 500 Futures traded 20 points, or 0.4%, higher and Nasdaq 100 Futures climbed 87 points, or 0.6%. […]
ECB’s Lagarde calls for higher for longer rates to achieve inflation target
Titan Investments — European Central Bank president Christine Lagarde on Friday called for higher-for-longer interest rates to achieve the central bank’s key objective of bringing inflation back to its 2% target. “In the current environment, this means – for the ECB – setting interest rates at sufficiently restrictive levels for as long as necessary to […]
European stock futures largely higher; U.S. tech gains help sentiment
Titan Investments – European stock markets are expected to open largely higher Tuesday with sentiment boosted by a tech-led surge on Wall Street overnight, but gains are likely to be limited as investors prepare for the U.S. Federal Reserve’s annual Jackson Hole gathering later in the week. At 02:00 ET (06:00 GMT), the DAX futures contract in […]