Robinhood gets a lukewarm welcome as stock slips from IPO price

BANGKOK — Asian shares and U.S. futures were mostly lower Friday after stocks pushed broadly higher on Wall Street.

U.S. stock index futures on Friday pointed to losses on the last day of trading for the month, with technology stocks set to register the sharpest declines after disappointing results from Amazon.com.

Erste Group Bank AG said Friday that net profit in its second quarter rose, helped by an improving overall economic environment.

Oil futures posted their highest finish in two weeks on Wednesday, buoyed by a weekly decline U.S. crude inventories and ongoing strength in implied demand for gasoline.

Analysts believe TSMC is providing AMD with ‘extra’ help during chip shortage, helping it continue to step up challenge to its larger rival

Gold futures ended slightly lower on Wednesday, then extended their decline into the post settlement trading session after the Federal Reserve said the U.S. economy has made progress toward reaching its standards for tapering its bond-buying program.

Stock market likely to face ‘readjustment period’: deGraaf

Shares of Yum! Brands Inc. YUM, +1.64% rose 1.64% to $125.48 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -0.47% falling 0.47% to 4,401.46 and Dow Jones Industrial Average DJIA, -0.24% falling 0.24% to 35,058.52. This was the stock’s sixth consecutive day of gains. Yum! Brands Inc. hit a new 52-week high, surpassing its previous peak of $123.63, which the company achieved on July 26th.

GXO Logistics Inc., Victoria’s Secret & Co., and GameStop Corp. will replace Strategic Education Inc., World Fuel Services Corp. and Weingarten Realty Investors in the S&P MidCap 400 index, according to S&P Dow Jones Indices.