Futures for Dow, S&P 500, and Nasdaq Climb on AI and Fed Outlook After Holiday Break: Reasons ZIM, AAPL, TCNNF, DIS Had Traders Anxious Today
Attention is shifting to the upcoming Fed meeting minutes, the core PCE inflation report due on Friday, and key corporate results expected over the week. Nasdaq 100 futures increased by 0.01%, S&P 500 futures by 0.1%, and Dow futures by 0.05%. Investors are considering the recent easing inflation data from January, alongside expectations for potential […]
Stocks and Bonds Vary in Thin Holiday Trading: Market Summary
Market Update: Stocks and Bonds Show Restraint (Bloomberg) – In a quiet trading session influenced by holiday schedules, stocks and bonds displayed a subdued demeanor following a positive inflation report from the U.S. on Friday. The data stirred optimism regarding potential interest rate cuts by the Federal Reserve later this year. Futures for the S&P […]
European FX news summary: Markets steady during US holiday
High risk warning: Foreign exchange trading carries significant risks and may not be appropriate for every investor. The use of leverage can amplify risks and potential losses. It’s crucial to reflect on your investment goals, experience, and risk tolerance before engaging in foreign exchange trading. There’s a possibility of losing part or all of your […]
Are banks operating today for Presidents Day 2026? Are they shut due to a federal holiday?
Updated February 16, 2026, 8:24 a.m. ET President’s Day is a federal holiday, leading to closures in most banks and stock markets. The United States Postal Service won’t deliver mail today, but UPS and certain FedEx services are still operational. While President’s Day is a federal holiday, Indiana does not recognize it as a state […]
EUR/USD remains low around 1.1850 as holiday breaks in the US and China limit trading activity
The EUR/USD pair opened the week on a weak note, hovering around 1.1860 during Asian trading on Monday. Trading volumes are likely to stay low, particularly with US markets closed for President’s Day and mainland China observing the week-long Lunar New Year break. However, the drop in EUR/USD might not be too pronounced. Weak January […]
SoCal police chief at risk of being removed due to holiday party striptease event
A police chief in Southern California is facing criticism due to a striptease incident at a holiday party for the Chula Vista police department. Roxana Kennedy, the chief, allegedly placed two $1 bills in the pockets of shirtless officers during a December 13 celebration. Her attorney, Corey Briggs, defended her actions, stating she bowed and […]
S&P 500 declines following weak holiday sales; financial shares fall: Live updates
Traders were busy at the New York Stock Exchange on February 10, 2026. On Tuesday, stocks dropped as investors reacted to disappointing retail sales data and growing concerns about the impact of artificial intelligence on the financial industry. The composite index decreased by 0.1%. The Nasdaq Composite went down by 0.3%, while the Dow Jones […]
Peloton’s stock drops over 20% due to disappointing holiday sales and slow interest in new products
Peloton Reports Disappointing Holiday Quarter Results Peloton’s recent holiday quarter results fell short of expectations, leading to a significant drop in its share prices—over 20% in early trading. The company struggled as customers hesitated to spend on its new AI-enhanced product lineup and were reluctant to accept higher subscription costs. During the three months ending […]
Newsom reveals complimentary park access for MLK Day following Trump’s cancellation of the holiday
California Governor Opens State Parks for Free on MLK Day A month after President Trump halted free admission to national parks on Martin Luther King Jr. Day, Governor Gavin Newsom has announced that more than 200 state parks in California will be open free of charge to honor Dr. King. This decision also serves as […]
Retail Sales Increase Due to Robust Car Sales and Holiday Shopping
U.S. Retail Sales Surge in November Retail sales in the U.S. soared beyond expectations in November, highlighting the resilience of the household sector and the ongoing support of consumer spending for robust economic growth. In November, retail spending climbed by 0.6%, surpassing even the most enthusiastic predictions. Analysts from Econoday had forecasted a mere 0.2% […]