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Inventory futures inch decrease after S&P 500 registers longest profitable streak since 2021: Are living updates

Inventory futures inch decrease after S&P 500 registers longest profitable streak since 2021: Are living updates
November 8, 2023



6 Hours AgoJapan industry sentiment improves as Reuters Tankan survey displays upward push in NovemberConfidence amongst massive Eastern producers rose in November, in line with the Reuters Tankan survey, which measures industry sentiment amongst massive Eastern firms.That is the primary time that the index advanced since August, whilst service-sector temper rose for a 2nd month.Producers’ sentiment index rose to +6 in November as opposed to +4 in October, and the service-sector index was once at +27 above +24 remaining month.The survey underscored a patchy financial restoration and a difficult outlook for Japan producers.It additionally reflected a an identical development observed within the Financial institution of Japan’s carefully watched quarterly tankan survey.A good determine signifies that constructive respondents outnumber pessimists, and vice versa.— Shreyashi Sanyal5 Hours AgoCNBC Professional: Those are the shares that may receive advantages — and lose out — from the wellness pattern, Morgan Stanley saysFrom vitamin to good looks, a “international shift to wellness” is going down — no longer simply amongst customers but additionally governments, Morgan Stanley says.The Covid-19 pandemic was once a large issue at the back of the emerging focal point on weight and its implications for well being, the funding financial institution famous, despite the fact that it added that wellness is going past weight reduction and in addition encompasses health, vitamin, look, sleep and mindfulness.CNBC Professional takes a have a look at the shares Morgan Stanley says can be affected — each definitely and negatively.Subscribers can learn extra right here.— Weizhen Tan14 Hours AgoCNBC Professional: ‘The reward that assists in keeping on giving’: Morgan Stanley likes the reminiscence sector and selections its most sensible stocksThe tech theme has been reigning splendid this yr and one phase particularly sticks out to Morgan Stanley: the reminiscence sector. Calling it “the reward that assists in keeping on giving,” the funding financial institution notes that the field’s “pricing energy is now one of the best in tech, and nonetheless in early restoration degree.”The financial institution finds its “most sensible selections” and “most popular performs.” CNBC Professional subscribers can learn extra right here.— Amala Balakrishner3 Hours AgoNew Zealand’s inflation expectancies fall to two-year low in fourth quarter New Zealand’s inflation forecast dropped to a two-year low within the fourth quarter, a Reserve Financial institution of New Zealand survey confirmed.The RBNZ’s two-year inflation expectancies, seen as kind of the time period when the central financial institution’s financial coverage motion will translate to costs, fell to two.76% from 2.83% within the earlier quarter finishing September.The yearly value will increase for one-year-ahead was once anticipated to chill to three.60%, from 4.17% up to now.One-year-ahead expectation for annual salary inflation was once 4.43%, down from 5.04% within the 0.33 quarter, whilst the two-year-ahead expectation for annual salary inflation was once at 3.53%, less than the remaining quarter’s 3.66%.The survey highlights that the central financial institution’s rate of interest mountain climbing cycle has proven indicators of bringing down value pressures. The RBNZ will hang its subsequent coverage assembly on Nov. 29.— Shreyashi Sanyal7 Hours AgoApple had essentially the most certain have an effect on at the S&P 500 and Nasdaq Composite on TuesdayTuesday’s buying and selling consultation marked the longest stretch of certain days since November 2021 for each the S&P 500 and Nasdaq Composite indexes.The S&P 500 received 0.28%. The inventory with essentially the most certain have an effect on at the index was once Apple, which received about 1.5%. Apple additionally had essentially the most certain have an effect on at the Nasdaq Composite. The tech-heavy index was once up 0.9%. The Dow Jones Business Moderate received about 57 issues, or 0.17%, to notch its longest profitable streak since July. Salesforce had essentially the most certain have an effect on at the 30-stock index.— Lisa Kailai Han, Chris Hayes7 Hours AgoStocks making the most important strikes after hours: eBay, Toast and moreThese are the shares transferring essentially the most in prolonged marketplace buying and selling:Robinhood — Stocks of the buying and selling platform app slid greater than 8%. Robinhood posted third-quarter income of $467 million, in comparison to analysts’ estimate of $478 million, in keeping with LSEG.eBay — Stocks of the e-commerce massive dropped 6%. 3rd-quarter revenues got here in at $2.5 billion, consistent with analysts’ expectancies, in keeping with LSEG.Toast – Stocks dropped 17% in prolonged buying and selling. Toast, a supplier of eating place point-of-sale methods, posted a third-quarter lack of 9 cents in keeping with percentage, whilst analysts polled by means of LSEG expected profits of 10 cents in keeping with percentage.Learn the entire listing of shares transferring right here.— Lisa Kailai Han7 Hours AgoStock futures are little changedStock futures traded close to flat Tuesday night time.Dow futures ticked up round 0.04% after 6 p.m. ET, whilst S&P 500 and Nasdaq 100 futures had been each marginally round flat.— Lisa Kailai Han

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