The preliminary reading for the University of Michigan Consumer Sentiment Index for July increased to 54.4 (Briefing.com consensus: 50.7) from the final reading of 49.5 for June. In the same period a ...

*Semiconductor stocks are up nicely ahead of the open, with backing from a buy-the-dip trade. *Oil prices and Treasury yields are well-behaved at the moment, which is a support for the rebound action.

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The ADP Employment Change report pointed to the addition of 98,000 nonfarm payrolls in June (Briefing.com consensus 112,000), down from 122,000 in May. The ISM Manufacturing Index dipped to 53.3% in ...

[BRIEFING.COM] The S&P 500 (+0.2%), Nasdaq Composite (flat), and DJIA (+0.4%) are mostly higher just before midday as a sharp pullback across chipmaker names is outweighed by strength in the broader ...

General Mills (GIS) is trading higher after reporting its Q4 (May) results this morning. GIS bounced back from a rare EPS miss last quarter, with adjusted EPS of $0.95 nicely above expectations.

[BRIEFING.COM] S&P futures vs fair value: -18.00. Nasdaq futures vs fair value: -202.00. The S&P 500 futures currently trade 18 points below fair value. Equity indices in the Asia-Pacific region ended ...

U.S. Treasuries are on track for a lower start with longer tenors set to pace the early selling. Treasury futures continued sliding after yesterday's cash close, remaining near their overnight lows ...

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The Conference Board's Consumer Confidence Index increased to 91.2 in June (Briefing.com consensus 94.2) from a revised 90.6 (from 93.1) in May. In the same period a year ago, the index stood at 95.2.

U.S. Treasuries remain in the red, trading just above lows that were reached about 90 minutes ago. Besides the initial widening of today's starting losses, intraday action has once again turned into a ...

[BRIEFING.COM] The major averages are little changed from previous levels amid a relatively quiet session. Similar to yesterday's action, the real estate sector (-1.5%) is a laggard, facing broad ...