ADVFN US – Market Content Editor
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Trump’s Tariff Announcement Triggers Nosedive On Wall Street
Stocks plummeted during trading on Thursday amid concerns about a global trade war following President Donald Trump’s tariff announcement. The sell-off dragged the Nasdaq and the S&P 500 down to their lowest levels since last August, while the Dow slumped to a nearly seven-month closing low. The major averages saw further downside going into the…
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U.S. Unemployment Benefit Claims Unexpectedly Down
A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday unexpectedly showing a modest decrease by first-time claims for U.S. unemployment benefits in the week ended March 29th. The report said initial jobless claims dipped to 219,000, a decrease of 6,000 from the…
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Dow Jones, S&P, Nasdaq, Trade War Concerns May Spark Early Sell-Off On Wall Street
The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a sharply lower open on Thursday, with stocks likely to see an initial sell-off amid concerns about a global trade following President Donald Trump’s tariff announcement. The steep drop by the futures comes after Trump delivered a highly anticipated…
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Trump Tariffs Send Dollar Down As Economic Fears Are Stoked
The dollar (CCOM:DXY) slumped on Thursday morning, dropping 2.1% against a basket of trading partners’ curriencies. This puts it on track for its worst day since 2022. The fall has been caused by fears of lower growth following the sweeping tariffs that President Trump has levied against multiple countries. Franceso Pesole, an FX strategist at…
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U.S. Stocks Recover From Early Slump To Close Higher Ahead Of Tariff Announcement
Stocks once again recovered from an early slump to end Wednesday’s trading mostly higher, adding to the gains posted in the previous session. The major averages climbed well off their lows to end the day firmly in positive territory. The major averages gave back ground in early afternoon trading but moved back to the upside…
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U.S. Private Sector Employment Up More Than Expected In March
Private sector employment in the U.S. increased by more than expected in the month of March, according to a report released by payroll processor ADP on Wednesday. ADP said private sector employment jumped by 155,000 jobs in March after climbing by an upwardly revised 84,000 jobs in February. Economists had expected private sector employment to…
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Dow Jones, S&P, Nasdaq, Looming Tariff Announcement May Weigh On Wall Street
The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a sharply lower open on Wednesday, with stocks likely to give back ground after ending yesterday’s volatile session mostly higher. The downward momentum on Wall Street comes amid concerns about the impact of President Donald Trump’s reciprocal tariffs on…
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U.S. Stocks Finish Volatile Session Mostly Higher
After recovering from an early move to the downside and moving mostly higher in morning trading on Tuesday, stocks showed a lack of direction over the remainder of the session. The major averages spent the day swinging back and forth across the unchanged line. The tech-heavy Nasdaq eventually ended the day firmly positive, jumping 150.60…
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Dow Jones, S&P, Nasdaq, Futures Pointing To Initial Pullback On Wall Street
The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a lower open on Tuesday, with stocks likely to move back to the downside after recovering from an early sell-off to end Monday’s session mixed. Ongoing concerns about President Donald Trump’s trade policies may lead to renewed weakness on…
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Major Averages Recover From Early Sell-Off To Close Mixed
After moving sharply lower early in the session, stocks showed a significant rebound over the course of the trading day on Monday. The major averages climbed well off their worst levels of the day to close mixed. The Dow jumped 417.86 points or 1 percent to 42,001.76 and the S&P 500 (SPI:SP500) climber 30.91 points…