Author: iHub News
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Dow, S&P 500 Reach New Record Closing Highs Ahead Of Christmas
Stocks showed a lack of direction early in the session but moved mostly higher over the course of the trading day on Wednesday. The major averages extended their winning streak to five days, with the Dow and the S&P 500 reaching new record closing highs. The major averages finished the day just off their highs…
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Dow Jones, S&P 500 and Nasdaq futures edge lower as jobless claims take spotlight ahead of Christmas holiday
Report on weekly jobless claims might be on spotlight on Wednesday. Activities are likely to be subdued ahead of the Christmas Day holiday on Thursday. Initial signs from the U.S. Futures Index suggest that Wall Street might open marginally lower. Asian shares finished mostly up, while European shares are trading broadly higher. As of 7.40…
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S&P 500 Reaches Record Closing High As U.S. Stocks Extend Upward Trend
After showing a lack of direction early in the session, stocks moved mostly higher over the course of the trading day on Tuesday. The major averages added to the gains posted over the past few sessions, with the S&P 500 (SPI:SP500) reaching a new record closing high. The S&P 500 and the Nasdaq ended the…
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Dow Jones, S&P 500 And Nasdaq Futures Point To Lower Open As GDP Surprises And Rate Uncertainty Grows
Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a modestly lower open on Tuesday, with stocks likely to give back ground after moving notably higher over the past few sessions. Traders may look to cash in on the recent strength in the markets, which saw the major averages rebound strongly after slumping…
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U.S. Durable Goods Orders Fall More Than Expected in October as GDP Growth Beats Forecasts in Q3
Reflecting a steep drop in orders for transportation equipment, the Commerce Department released a report on Tuesday showing new orders for U.S. manufactured durable goods tumbled by more than expected in the month of October. The report said durable goods orders plunged by 2.2 percent in October after climbing by an upwardly revised 0.7 percent…
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Tech Stocks Help Lead Continued Upward Move On Wall Street
Extending the strong upward move seen over the two previous sessions, stocks moved mostly higher during trading on Monday. The major averages all moved to the upside on the day following the mixed performance seen in the previous week. The major averages finished the day off their highs of the session but still firmly in…
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Dow Jones, S&P 500 and Nasdaq Futures Point Higher as Tech Stocks Lead Gains Ahead of Holiday-Shortened Week
The Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a higher open on Monday, with stocks likely to extend the strong upward move seen over the two previous sessions. Technology stocks may continue to lead the way higher after turning in some of the market’s best performances last Thursday and Friday. Shares…
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U.S. Treasury to Release $69 Billion Two-Year Note Auction Results
The Treasury Department is scheduled to announce the results of this month’s auction of $69 billion worth of two-year notes at 1 pm ET.
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U.S. Stocks Extend Rebound As Tech Leaders Continue To Recover
Stocks showed a strong move to the upside during trading on Friday, extending the significant rebound seen over the course of Thursday’s session. With the upward move, the major averages further offset the weakness seen earlier in the week. The tech-heavy Nasdaq reached new highs for the session going into the end of the day,…
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Dow Jones, S&P 500 and Nasdaq futures rise as Oracle jumps on TikTok deal and cooling inflation boosts Fed rate-cut bets
Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a slightly higher open on Friday, with stocks likely to see further upside following the notable rebound seen in the previous session. Early buying interest may be generated in reaction to a sharp increase by shares of Oracle (NYSE:ORCL), as the software giant is…