Author: iHub News

  • U.S. Stocks Close Mixed Following Highly Volatile Session

    U.S. Stocks Close Mixed Following Highly Volatile Session

    Following the nosedive seen over the two previous sessions, stocks saw substantial volatility over the course of the trading day on Monday. The major averages spent the day swinging back and forth across the unchanged line before eventually closing mixed. While the tech-heavy Nasdaq inched up 15.48 points or 0.1 percent to 15,603.26 after plummeting…

  • Dow Jones, S&P, Nasdaq, Worries About Impact Of Tariffs May Lead To Continued Nosedive On Wall Street

    Dow Jones, S&P, Nasdaq, Worries About Impact Of Tariffs May Lead To Continued Nosedive On Wall Street

    The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a sharply lower open on Monday, with stocks likely to extend the sell-off seen over the two previous sessions. Concerns about the impact of President Donald Trump’s new tariffs and retaliatory moves by U.S. trade partners are likely to…

  • Trade War Concerns Lead To Extended Nosedive On Wall Street

    Trade War Concerns Lead To Extended Nosedive On Wall Street

    Extending the nosedive seen over the course of the previous session, stocks showed another substantial move to the downside during trading on Friday. With the continued sell-off, the Nasdaq and the S&P 500 plunged to their lowest closing levels in eleven months. The major averages ended the session just off their worst levels of the…

  • U.S. Employment Surged More Than Expected In February

    U.S. Employment Surged More Than Expected In February

    A closely watched report released by the Labor Department on Friday showed employment in the U.S. surged by much more than expected in the month of March. The Labor Department said non-farm payroll employment jumped by 228,000 jobs in March after climbing by a downwardly revised 117,000 jobs in February. Economists had expected employment to…

  • Dow Jones, S&P, Nasdaq, Futures Pointing To Extended Sell-Off On Wall Street

    Dow Jones, S&P, Nasdaq, Futures Pointing To Extended Sell-Off On Wall Street

    The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a sharply lower open on Friday, with stocks likely to extend the nosedive seen in the previous session. Ongoing concerns about a global trade war are likely to weigh on Wall Street after China announced retaliatory tariff on U.S.…

  • Trump’s Tariff Announcement Triggers Nosedive On Wall Street

    Trump’s Tariff Announcement Triggers Nosedive On Wall Street

    Stocks plummeted during trading on Thursday amid concerns about a global trade war following President Donald Trump’s tariff announcement. The sell-off dragged the Nasdaq and the S&P 500 down to their lowest levels since last August, while the Dow slumped to a nearly seven-month closing low. The major averages saw further downside going into the…

  • U.S. Stocks Recover From Early Slump To Close Higher Ahead Of Tariff Announcement

    U.S. Stocks Recover From Early Slump To Close Higher Ahead Of Tariff Announcement

    Stocks once again recovered from an early slump to end Wednesday’s trading mostly higher, adding to the gains posted in the previous session. The major averages climbed well off their lows to end the day firmly in positive territory. The major averages gave back ground in early afternoon trading but moved back to the upside…

  • U.S. Private Sector Employment Up More Than Expected In March

    U.S. Private Sector Employment Up More Than Expected In March

    Private sector employment in the U.S. increased by more than expected in the month of March, according to a report released by payroll processor ADP on Wednesday. ADP said private sector employment jumped by 155,000 jobs in March after climbing by an upwardly revised 84,000 jobs in February. Economists had expected private sector employment to…

  • Dow Jones, S&P, Nasdaq, Looming Tariff Announcement May Weigh On Wall Street

    Dow Jones, S&P, Nasdaq, Looming Tariff Announcement May Weigh On Wall Street

    The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a sharply lower open on Wednesday, with stocks likely to give back ground after ending yesterday’s volatile session mostly higher. The downward momentum on Wall Street comes amid concerns about the impact of President Donald Trump’s reciprocal tariffs on…

  • U.S. Stocks Finish Volatile Session Mostly Higher

    U.S. Stocks Finish Volatile Session Mostly Higher

    After recovering from an early move to the downside and moving mostly higher in morning trading on Tuesday, stocks showed a lack of direction over the remainder of the session. The major averages spent the day swinging back and forth across the unchanged line. The tech-heavy Nasdaq eventually ended the day firmly positive, jumping 150.60…