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Stocks- Wall Street Set to Open Mixed As Volatility Continues

Stock MarketsFeb 09, 2018 06:47AM ET
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© Reuters. U.S. futures were on edge ahead of the morning bell.

Investing.com – U.S. futures pointed to a mixed opening bell on Friday as markets struggled from a tumulus week and the House passed a budget deal to end a government shutdown.

The S&P 500 futures rose one and a half points or 0.06% to 2,595.00 as of 6:39 AM ET (11:54 GMT) while Dow futures decreased 44 points or 0.18% to 23,926.0. Meanwhile tech heavy Nasdaq 100 futures was up eight points or 0.13% to 6,325.50.

Markets ended Thursday in the red, as higher interest rates continued to weigh on sentiment. The Dow Jones industrial average finished the session down 1,032.89 points at 23,860.46.

Stocks were still on edge on Friday, as Congress passed a two-year budget agreement early in the day, after missing a funding deadline at midnight. The agreement will boost federal spending by almost $300 billion and suspend the debt ceiling for a year. U.S. President Donald Trump has already promised to sign the bill.

Technology firm NVIDIA Corporation (NASDAQ:NVDA) was among the biggest gainers in pre-market trading, jumping 10.10% after it reported record revenue in the last fiscal quarter. Telecommunications firm Nokia (HE:NOKIA) Corp ADR (NYSE:NOK) rose 1.12% while semiconductor Advanced Micro Devices (NASDAQ:AMD) rose 2.41% and Twitter Inc (NYSE:TWTR) gained 2.29%.

Meanwhile Deutsche Bank AG (DE:DBKGn) NA O.N. (NYSE:DB)slipped 0.45% while Diffusion Pharmaceuticals Inc (NASDAQ:DFFN)was down 5.37% and Riot Blockchain Inc (NASDAQ:RIOT) fell 2.96%.

In Europe stocks were down. Germany’s DAX fell 93 points or 0.676% while in France the CAC 40 decreased 41 points or 0.81% and in London, the FTSE 100 was down 43 points or 0.60%. Meanwhile the pan-European Euro Stoxx 50 lost 16 points or 0.50% while Spain’s IBEX 35 slumped 78 points or 0.80%.

In commodities, gold futures fell 0.11% to $1,317.50 a troy ounce while crude oil futures were down 1.19% to $60.42 a barrel. The U.S. dollar index, which measures the greenback against a basket of six major currencies, inched up 0.10% to 90.28.

Stocks- Wall Street Set to Open Mixed As Volatility Continues
 

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Shawn Ward
Shawn Ward Feb 09, 2018 12:16PM GMT
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I'm starting to like the crypto currency mining. Takes. Time. But if you can build a computer to handle it like me. You bank.
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Miguel Castillo
Miguel Castillo Feb 09, 2018 12:26PM GMT
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Does the genesis cloud mining work?
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Tiza Paul
Tiza Paul Feb 09, 2018 12:36PM GMT
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Same situation here
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Watthana Champ
Watthana Champ Feb 09, 2018 1:27PM GMT
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I. Don't. No
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Very Long
Very Long Feb 09, 2018 2:00PM GMT
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Miguel Castillo Nah the trick to making money off crypto mining is to steal the power. Some websites and free apps run miners in the background. I wouldn't be surprised, for example, to hear that this website does it. Other people just steal power from their employers or maybe their neighbors.
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