Author: iHub News
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U.S. Stocks Move Back To The Downside Following Recent Upward Trend
After trending higher over the past few sessions, stocks moved back to the downside during trading on Friday. The major averages all moved lower on the day, with the tech-heavy Nasdaq posting a particularly steep loss. The major averages ended the day off their lows of the session but still in negative territory. The Nasdaq…
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U.S. Stocks Move Mostly Higher After Early Volatility
After showing a lack of direction early in the session, stocks moved mostly higher over the course of the trading day on Thursday. The major averages added to the gains posted in the two previous sessions, with the S&P 500 reaching another new record closing high. The major averages ended the day just off their…
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S&P 500 Edges Up To Record Closing High Ahead Of Nvidia Earnings
After ending yesterday’s choppy trading session mostly higher, stocks saw some further upside during trading on Wednesday. While buying interest was somewhat subdued, the S&P 500 managed to reach a new record closing high. The major averages all posted modest gains on the day. The Dow rose 147.16 points or 0.3 percent to 45,565.23, the…
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U.S. Stocks Finish Choppy Trading Day Mostly Higher
Stocks showed a lack of direction throughout much of the trading session on Tuesday but managed to end the day mostly higher. The major averages all moved back to the upside after ending the previous session in negative territory. The major averages finished the day just off their highs of the session. The Nasdaq advanced…
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U.S. Stocks Close Mostly Lower Following Late-Day Slump
After ending last Friday’s trading sharply higher, stocks moved mostly lower over the course of the trading day on Monday. The major averages turned in a lackluster performance for much of the session before coming under pressure going into the close. The major averages all finished the day in negative territory. The Dow slid 349.27…
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Dow Jones S&P 500 and Nasdaq futures point lower as investors await inflation data and Nvidia results
Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a lower open on Monday, with stocks likely to give back ground following the substantial rally seen during the previous session. Profit taking may contribute to initial weakness on Wall Street, as traders look to cash in on the strong gains posted last Friday,…
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New Home Sales Report and Fed Officials Speeches Highlight US Economic Agenda Today
The Commerce Department is scheduled to release its report on new home sales in the month of July at 10 am ET. Economists expected new home sales to rise to an annual rate of 630,000 in July after climbing to a rate of 627,000 in June. At 3:15 pm ET, Dallas Federal Reserve President Lorie…
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Positive Reaction To Powell Speech Sparks Rally On Wall Street
After trending lower over the past several sessions, stocks showed a substantial move back to the upside during trading on Friday. The major averages all moved sharply higher on the day, with the Dow reaching a new record closing high. The major averages ended the day well off their best levels but still posted strong…
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Jerome Powell to Deliver Economic Outlook Speech at 2025 Jackson Hole Symposium
Federal Reserve Chair Jerome Powell is scheduled deliver remarks on the “Economic Outlook and Framework Review” at the 2025 Jackson Hole Economic Policy Symposium at 10 am ET.
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Dow Jones S&P 500 and Nasdaq Futures Rebound as Wall Street Awaits Powell Speech at Jackson Hole
Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a higher open on Friday, with stocks likely to regain ground after trending lower over the past several sessions. Traders may look to pick up stocks at somewhat reduced levels following the recent weakness, which has seen the S&P 500 close lower for five…