New York Community Bancorp plunged 25% premarket after disclosing "material weaknesses" in its loan-review process, reigniting commercial real estate fears.
US stock futures climbed in premarket trading on Wednesday as investors collected themselves following a stubborn inflation reading for January.
US stock futures dipped on Tuesday as investors waited to learn whether headline inflation dropped below 3% for the first time in two years.
Investors paused for thought in pre-market trading after the S&P 500 closed above 5,000 points for the first time on Friday.
The wave of Big Tech earnings expected this week was off to a weak start. The Nasdaq opened lower to snap a streak of winning sessions.
The US economy added 263,000 jobs in September, ahead of consensus expectations for 255,000 in new jobs added, and the unemployment rate fell to 3.5%.
US futures traded cautiously higher Monday as investors assessed what the surprisingly strong July US jobs report means for the path of interest rates.
The Nasdaq led the market lower as technology names like Meta Platforms, Amazon, Netflix, and Apple were all down more than 2%.
Western sanctions on Russia have led to some risk appetite, but weighed on safe-haven assets like gold, while oil eased after nearing $100 a barrel.
Red-hot inflation data out of the US on Thursday prompted investors to bank on even more aggression action from the Federal Reserve.
US stock futures were down on Tuesday, while European shares were buoyed by earnings reports and cryptocurrencies recovered losses from last week.
US stocks look set to reverse recent losses after the US and Chinese leaders discussed the need to ensure competition does not veer into conflict.
US stocks ended higher Wednesday as small-caps took the lead. Frenzied meme-stock trading in GameStop, AMC, and other names continued.
Major US stock indexes pare gains after data showed weaker-than-expect data for US housing starts in April.
US stocks dropped Tuesday, with the Dow sliding over 300 points on concerns of rising virus cases hobbling the economic recovery.
US stocks fell Tuesday on worries that rising coronavirus cases in Europe will hurt prospects of global economic recovery.
The investor fears around inflation that drove much of the market volatility appeared to be cooling before the Fed decision.
The $1,400 payments included in the stimulus package will start hitting bank accounts as early as this weekend, the White House said.
Weekly jobless claims also lifted optimism. Flings fell to 712,000 last week, landing below the previous sum and beating economists' forecasts.
Technology stocks led the market higher on Tuesday after the Nasdaq 100 entered a correction in Monday's session.