10 minutes ago
Nvidia shares fall at start of week
Nvidia shares fell 0.4% on Monday, the first day to reflect the 10-for-1 stock split. The stock has soared this year, soaring more than 144%.
Fred Imbert
12 minutes ago
European stocks are under pressure
European stock markets fell on Monday on growing concerns about the growing influence of right-wing politicians in the region.
The broader Stoxx 600 index of European shares fell 0.8%. France’s CAC 40 index fell 2.2% after President Emmanuel Macron said early parliamentary elections would be held later this month following a crushing defeat in early European election results.
Germany’s DAX index fell nearly 1%.
Fred Imbert
11 hours ago
May inflation data due to be released this week
Investors will be keeping their eye on the consumer price index for May, which is due to be released on Wednesday.
Economists surveyed by Dow Jones now expect a 3.4% increase from a year ago and a 0.1% increase from the previous month, up from 3.4% and 0.3% respectively in the previous survey.
Core CPI, which excludes volatile food and energy prices, is now expected to rise 3.5% year-on-year and 0.3% month-on-month, after previous increases of 3.6% and 0.3%, respectively.
Sarah Min
11 hours ago
Stock futures open flat
Stock futures opened little changed Sunday night.
Dow Jones Industrial Average futures rose 13 points. S&P 500 futures and Nasdaq 100 futures were flat.
Sarah Min
