Author: iHub News
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U.S. Stocks May Move Back To The Downside In Early Trading
The major U.S. index futures are currently pointing to a lower open on Friday, with stocks likely to move back to the downside following the notable rebound seen in the previous session. A steep drop by JPMorgan Chase (NYSE:JPM) may weigh on the markets, as the financial giant is tumbling by 3.0 percent in pre-market…
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Nasdaq Surges To New Record Closing High But Dow Closes Little Changed
After ending the previous session sharply lower, stocks showed a strong move back to the upside during trading on Thursday. Technology stocks led the rebound on Wall Street, with the tech-heavy Nasdaq (NASDAQI:COMP) surging to a new record closing high. The Nasdaq pulled back off its highs of the session going into the close but…
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U.S. Stocks Plunge As Inflation Data Reignites Interest Rate Worries
Stocks moved sharply lower in early trading on Wednesday and continued to see significant weakness throughout the session. The major averages all showed notable moves to the downside, with the Dow falling to its lowest closing level in almost two months. The major averages remained firmly negative going into the close of trading. The Dow…
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Hotter-Than-Expected Inflation Data May Trigger Sell-Off On Wall Street
The major U.S. index futures are currently pointing to a sharply lower open on Wednesday, with stocks likely to come under pressure amid a negative reaction to a highly anticipated report on consumer price inflation. The futures plunged following the release of a Labor Department report showing U.S. consumer prices advanced by slightly more than…
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Nasdaq, S&P 500 Finish Volatile Session Higher But Dow Edges Slightly Lower
Following the lackluster performance seen on Monday, stocks saw considerable volatility over the course of the trading session on Tuesday. The major averages fluctuated as the day progressed, with the Nasdaq (NASDAQI:COMP) and the S&P 500 (SPI:SP500) eventually closing in positive territory. While the Nasdaq rose 52.68 points or 0.3 percent to 16,306.64 and the…
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Futures Pointing To Modestly Higher Open On Wall Street
The major U.S. index futures are currently pointing to modestly higher on Tuesday, with stocks likely to move to the upside after ending yesterday’s choppy trading session little changed. Early buying interest may be generated in reaction to a pullback by treasury yields, which moved notably higher over the two previous sessions. The yield on…
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U.S. Stocks Finish Lackluster Session Little Changed
Following the substantial volatility seen over the final two sessions of the previous week, stocks turned in a relatively lackluster performance during trading on Monday. The major averages spent the day bouncing back and forth across the unchanged line before eventually closing narrowly mixed. While the Nasdaq (NASDAQI:COMP) crept up 5.44 points or less than…
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Looming Inflation Data May Lead To Choppy Trading On Wall Street
The major U.S. index futures are currently pointing to a roughly flat open on Monday, with stocks likely to show a lack of direction following the considerable volatility seen to close out the previous week. A lack of major U.S. economic data may keep some traders on the sidelines ahead of the release of closely…
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U.S. Stocks Show Significant Rebound Following Strong Jobs Data
Following the sell-off seen late in the previous session, stocks showed a significant move back to the upside during trading on Friday. The major averages all moved notably higher, largely offsetting Thursday’s steep losses. The major averages finished the day off their highs of the session but still firmly in positive territory. The Nasdaq (NASDAQI:COMP)…
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U.S. Stocks May Move Back To The Upside In Early Trading
The major U.S. index futures are currently pointing to a higher open on Friday, with stocks likely to regain ground following the sell-off seen late in the previous session. Traders may look to pick up stocks at relatively reduced levels following the steep drop seen during Thursday’s session, which dragged the Dow down to its…