Author: iHub News

  • U.S. Stocks Close Mostly Higher After Fed Cuts Interest Rates

    U.S. Stocks Close Mostly Higher After Fed Cuts Interest Rates

    After showing a lack of direction for much of the session, stocks moved mostly higher in the latter part of the trading day on Wednesday following the Federal Reserve’s interest rate decision. The major averages all moved to the upside on the day after ending Tuesday’s choppy trading session narrowly mixed. The Dow jumped 497.46…

  • U.S. Stocks Close Narrowly Mixed Ahead Of Fed Decision

    U.S. Stocks Close Narrowly Mixed Ahead Of Fed Decision

    Following the modest pullback seen during trading on Monday, stocks turned in a lackluster performance during Tuesday’s session. The major averages fluctuated over the course of the session before closing narrowly mixed. While the tech-heavy Nasdaq inched up 30.58 points or 0.1 percent to 23,576,49, the S&P 500 edged down 6.00 points or 0.1 percent…

  • U.S. Stocks Close Modestly Lower As Fed Meeting Looms

    U.S. Stocks Close Modestly Lower As Fed Meeting Looms

    Stocks moved to the upside at the start of trading on Monday but moved lower over the course of the trading session. The major averages pulled back off their early highs and into negative territory. The major averages staged a short-lived recovery attempt in mid-day trading but all ended the day in the red. The…

  • Nasdaq, S&P 500 Rise To One-Month Closing Highs After Inflation Data

    Nasdaq, S&P 500 Rise To One-Month Closing Highs After Inflation Data

    After ending Thursday’s choppy trading session little changed, stocks saw modest strength during trading on Friday. With the upward move, the Nasdaq and the S&P 500 reached their best closing levels in a month. The major averages gave back ground after an early advance but remained in positive territory. The Dow rose 104.05 points or…

  • U.S. Stocks Finish Choppy Trading Day Little Changed

    U.S. Stocks Finish Choppy Trading Day Little Changed

    After moving higher over the two previous sessions, stocks showed a lack of direction over the course of the trading day on Thursday. The major averages spent the day bouncing back and forth across the unchanged line before eventually closed narrowly mixed. While the Nasdaq rose 51.04 points or 0.2 percent to 23,505.14 and the…

  • U.S. Stocks Move Higher As Jobs Data Adds To Rate Cut Optimism

    U.S. Stocks Move Higher As Jobs Data Adds To Rate Cut Optimism

    After showing a lack of direction early in the session, stocks moved mostly higher over the course of the trading day on Wednesday. While the Nasdaq and the S&P 500 posted modest gains, the narrower Dow showed a more notable move to the upside. The major averages all finished the day in positive territory. The…

  • U.S. Stocks Fluctuate After Early Advance But Close Mostly Higher

    U.S. Stocks Fluctuate After Early Advance But Close Mostly Higher

    Stocks fluctuated over the course of the trading session on Tuesday after an early move to the upside but largely maintained a positive bias. The major averages all ended the day in positive territory, regaining ground following the pullback seen during Monday’s trading. The tech-heavy Nasdaq advanced 137.75 points or 0.6 percent to 23,413.67, the…

  • U.S. Stocks Give Back Ground After Last Week’s Rally

    U.S. Stocks Give Back Ground After Last Week’s Rally

    After coming under pressure early in the session, stocks staged a recovery attempt in mid-day trading on Monday but moved back to the downside as the day progressed. The major averages all finished the session firmly in negative territory. The Dow slumped 427.09 points or 0.9 percent to 47,289.33, the Nasdaq fell 89.76 points or…

  • U.S. Stocks Extend Pre-Holiday Rally, Close Higher For Fifth Straight Session

    U.S. Stocks Extend Pre-Holiday Rally, Close Higher For Fifth Straight Session

    With traders returning to their desks following the Thanksgiving Day holiday on Thursday, stocks extended their pre-holiday rally during trading on Friday. The major averages all moved to the upside on the day, closing higher for the fifth consecutive session. The major averages ended the day just off their highs of the session. The Dow…

  • Dow Jones, S&P 500 and Nasdaq futures edge higher as CME resumes trading after data center outage

    Dow Jones, S&P 500 and Nasdaq futures edge higher as CME resumes trading after data center outage

    Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a modestly higher open for the markets on Friday as futures trading recently resumed after a “cooling issue” at a data center halted trading on the Chicago Mercantile Exchange earlier in the morning. The trading disruption at the CME along with an early close…