U.S. stock futures traded higher on Wednesday morning after a sharp rally for the three major indexes during Tuesday's regular trading session.Dow Jones Industrial Average futures rose 165 points, or 0.52%. S&P 500 and Nasdaq 100 futures climbed 0.58% and 0.61%, respectively. Netflix surged more than 7% in after-hours trading after saying it lost only 970,000 subscribers in the second quarter, less than the 2 million it had previously projected.Traders betting that markets found a bottom and will be pushed forward by stronger-than expected corporate earnings drove stocks higher Tuesday, with all three major indexes trading above their 50-day moving......
As U.S inflation remains hot and the Federal Reserve looks to continue on its tightening path, analyst Keith Fitz-Gerald believes some firms are clearly better than others at navigating this difficult environment. Consumer prices in the U.S. rose 9.1% in June from a year ago — the fastest pace of inflation since November 1981. Some market watchers believe falling oil and gasoline prices this month indicate that consumer inflation may have finally peaked , but Fitz-Gerald, a private investor, analyst and researcher, is not convinced. "Inflation is not peaking. Not even by a little. Gasoline is down because traders are......
