Author: iHub News
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U.S. Stocks Surge To Record Highs As Inflation Data Reinforces Rate Cut Optimism
Stocks moved sharply higher during trading on Friday, extending the upward move seen over the course of the previous session. With the continued advance, the major averages all reached new record closing highs. The major averages pulled back off their best levels going into the end the day but still posted strong gains. The Dow…
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US Inflation Rises Less Than Expected in September, Boosting Investor Confidence
A closely watched report released by the Labor Department on Friday showed consumer prices in the U.S. increased by slightly less than expected in the month of September. The Labor Department said its consumer price index rose by 0.3 percent in September after climbing by 0.4 percent in August. Economists had expected consumer prices to…
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Dow Jones, S&P 500 and Nasdaq Futures Rise as Inflation Eases and Earnings Boost Market Optimism
Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a higher open on Friday, with stocks likely to extend the upward move seen over the course of the previous session. The futures advanced following the release of a closely watched Labor Department report showing consumer prices in the U.S. increased by slightly less…
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U.S. Stocks Regain Ground Following Yesterday’s Weakness
Following the weakness seen in the previous session, stocks moved back to the upside during trading on Thursday. The major averages all moved higher on the day, with the tech-heavy Nasdaq showing a notable advance. The major averages pulled back off their best levels going into the end of the day but remained in positive…
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U.S. Stocks Close Mostly Lower As Netflix Slumps On Disappointing Earnings
Following the lackluster performance seen during Tuesday’s session, stocks moved mostly lower during trading on Wednesday. The major averages all moved to the downside on the day, with the Dow pulling back off yesterday’s record closing high. The major averages climbed well off their worst levels in late-day trading but remained firmly negative. The Nasdaq…
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Dow Reaches Record Closing High But S&P 500, Nasdaq End Little Changed
After moving notably higher over the two previous sessions, stocks turned in a relatively lackluster performance during trading on Tuesday. The Nasdaq and the S&P 500 (SPI:SP500) spent the day bouncing back and forth across the unchanged line, although the narrower Dow showed a more significant increase to reach a new record closing high. The…
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U.S. Stocks Move Sharply Higher Amid Rally By Apple
Following the upward move seen over the course of last Friday’s session, stocks showed a more significant move to the upside during trading on Monday. The major averages all moved sharply higher, climbing back within striking distance of their record highs. The major averages moved roughly sideways after an early rally, hovering firmly in positive…
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U.S. Stocks Move Back To The Upside As Bank Credit Concerns Quickly Fade
After showing a lack of direction early in the session, stocks moved mostly higher over the course of the trading day on Friday. The major averages all moved to the upside, regaining ground following the downturn seen in the previous session. The major averages finished the day off their highs of the session but still…
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U.S. Stocks Come Under Pressure Amid Concerns About Bad Loans
Stocks showed a strong move to the upside early in the session on Thursday but came under pressure over the course of the trading day. The major averages pulled back well off their highs of the session and into negative territory. The major averages climbed off their worst levels going into the end of the…
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Nasdaq, S&P 500 Close Higher After Another Volatile Session
Stocks showed wild swings over the course of the trading day on Wednesday, extending the substantial volatility seen during the previous session. The major averages spent the day bouncing back and forth across the unchanged line. While the Nasdaq and the S&P 500 (SPI:SP500) ended the day firmly in positive territory, the narrower Dow posted…