Microsoft Corp MSFT:NASDAQ

Last Price$139.69NASDAQ Previous Close - Last Trade as of 4:00PM ET 10/17/19

Today's Change-0.72(0.51%)
Bid (Size)$139.60 (6)
Ask (Size)$139.65 (1)
Day Low / High$139.02 - 141.42
Volume22.1 M

Wall Street Rises Sharply Ahead of Opening Bell, Fed Rate Meeting in Focus

9:03AM ET 6/18/2019 MT Newswires
US stocks were set for an upbeat open Tuesday as traders looked ahead to the first day of the Federal Reserve's two-day policy setting Federal Open Market Committee meeting, where regulators are expected to leave borrowing costs unchanged for banks.

Oil prices reversed from earlier losses with global benchmark Brent crude now up 0.18%, and US West Texas Intermediate crude up 0.35% recently, despite concerns that a global economic slowdown will further hurt demand for the commodity.

Data released at 8:30 am showed housing starts came in at a 1.269 million annual rate in May versus expectations for 1.239 million and against April's 1.235 million. Permits came in at 1.294 million, slightly ahead of the 1.290 million estimate and April's revised 1.290 million level, according to data compiled by Econoday.

In equities, shares of social media giant Facebook (FB) were nearly 2% higher pre-bell after the company said it will launch its digital coin called Libra next year.


-Dow Jones Industrial up 0.52%

-S&P 500 futures up 0.57%

-Nasdaq 100 futures up 1.01%

-Nasdaq 100 pre-market indicator up 0.84%


Nikkei down 0.72%

Hang Seng up 1.00%

Shanghai Composite up 0.09%

FTSE-100 up 1.14%

DAX-30 up 1.51%


(+/-) Large cap tech: mixed

(+) Chip stocks: unchanged to higher

(+/-) Software stocks: mixed

(+) Hardware stocks: unchanged to higher

(+) Internet stocks: higher

(+) Oil stocks: unchanged to higher

(+) Biotech stocks: unchanged to higher

(+) Drug stocks: unchanged to higher

(+/-) Financial stocks: mixed

(+) Retail stocks: unchanged to higher

(+) Industrial stocks: unchanged to higher

(=) Airlines: unchanged

(+) Autos: unchanged to higher


(+) MGI (+140%) Enters into strategic partnership with Ripple

(+) BIOC (+17.7%) Launches Target Selector NGS breast panel

(+) JAGX (+32.9%) Completes pilot study in dogs in support of future clinical investigations evaluating Crofelemer in non-infectious diarrhea in human cancer patients

(+) MSFT (+1%) Resumes selling Huawei laptops online


(-) BHVN (-27.9%) Plans to sell $300 million shares in public offering

(-) CTRV (-6.8%) Reports 'positive' results from human liver experiments with CRV431 drug candidate