Author: iHub News
-
Interest Rate Concerns May Continue To Weigh On Wall Street
The major U.S. index futures are currently pointing to a lower open on Wednesday, with stocks likely to see further downside following the sell-off seen over the course of the previous session. Concerns about the outlook for interest rates may continue to weigh on the markets ahead of the Federal Reserve’s monetary policy announcement this…
-
U.S. Stocks Move Mostly Lower Ahead Of Fed Announcement
Stocks have moved mostly lower over the course of the trading day on Tuesday, with the major averages all moving to the downside after ending the previous session modestly higher. In recent trading, the major averages have fallen to new lows for the session. The Dow (DOWI:DJI) is down 303.53 points or 0.8 percent at…
-
Major Metropolitan Home Prices, Chicago-Area Business Activity, Consumer Confidence Reports Due
Standard & Poor’s is scheduled to release its report on home prices in major metropolitan areas in the month of February at 9 am ET. At 9:45 pm ET, MNI Indicators is due to release its report on Chicago-area business activity in the month of April. The Chicago business barometer is expected to rise to…
-
Futures Pointing To Roughly Flat Open On Wall Street
The major U.S. index futures are currently pointing to roughly flat open on Tuesday, with stocks likely to show a lack of direction after ending yesterday’s lackluster session modestly higher. Traders may remain reluctant to make significant moves ahead of the Federal Reserve’s monetary policy announcement on Wednesday. The Fed is widely expected to leave…
-
U.S. Stocks Finish Quiet Day Modestly Higher
Following the strong upward move seen last week, stocks managed to see further upside during trading on Monday. The major averages fluctuated over the course of the session but ended the day in positive territory. The Dow rose 146.43 points or 0.4 percent to 38389.09, the Nasdaq climbed 55.18 points or 0.4 percent to 15983.08…
-
U.S. Stocks May See Further Upside In Early Trading
The major U.S. index futures are currently pointing to a modestly higher open on Monday, with stocks likely to see further upside following the rally to close out the previous week. Stocks may continue to benefit from the upward momentum seen last week, which came amid a positive reaction to upbeat tech earnings. Trading activity…
-
U.S. Stocks Rally On Upbeat Tech Earnings
Stocks moved sharply higher during trading on Friday, largely offsetting the weakness seen during Thursday’s session. The major averages all moved to the upside on the day, with the tech-heavy Nasdaq leading the charge. The major averages pulled back off their best levels late in the day but remained firmly positive. The Nasdaq surged 316.14…
-
U.S. Stocks Climb Well Off Worst Levels But Close Mostly Lower
After moving sharply lower early in the session, stocks regained ground over the course of the trading day on Thursday but remained mostly lower. The major averages all finished the day in negative territory after ending Wednesday’s trading narrowly mixed. The Dow slumped 375.12 points or 1.0 percent to 38,085.80 after plunging by more than…
-
First-Time U.S. Unemployment Claims Unexpectedly Down; U.S. Economy Grew Less Than Expected
The Labor Department released a report on Thursday showing an unexpected decrease by first-time claims for U.S. unemployment benefits in the week ended April 20th. The report said initial jobless claims fell to 207,000, a decrease of 5,000 from the previous week’s unrevised level of 212,000. The dip surprised economists, who had expected jobless claims…
-
Futures Pointing To Sharply Lower Open On Wall Street
The major U.S. index futures are currently pointing to a sharply lower open on Thursday, with stocks likely to come under pressure following the lackluster performance seen in the previous session. A negative reaction to earnings news from Meta Platforms (NASDAQ:META) is likely to weigh on Wall Street, as the Facebook parent is plunging by…