Author: iHub News
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U.S. Stocks Shrug Off Latest Tariff Threats, Close Mostly Higher
After moving mostly higher early in the session, stocks continue to turn in a strong performance throughout the trading day on Monday. With the upward move, the major averages partly offset the steep losses posted last Friday. The major averages moved roughly sideways in afternoon trading, hovering in positive territory. The Nasdaq jumped 190.87 points…
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Futures Pointing To Initial Rebound On Wall Street
The major U.S. index futures are currently pointing to a higher open on Monday, with stocks likely to regain ground following the steep drop seen in the previous session. Traders may look to pick up stocks at somewhat reduced levels following the sharp pullback seen last Friday, which came amid concerns about a surge by…
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U.S. Pull Back Sharply Amid Renewed Inflation, Tariff Concerns
Stocks moved sharply lower during trading on Friday, giving back ground after trending higher over the past few sessions. The major averages turned negative within the first hour of trading and saw further downside as the day progressed. The major averages climbed off their worst levels going into the close but remained firmly negative. The…
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U.S. Employment Increased Less Than Expected In January, Unemployment Edged Down
While the Labor Department released a report on Friday showing employment in the U.S. increased by less than expected in the month of January, the report also showed the unemployment rate unexpectedly edged slightly lower. The closely watched report said non-farm payroll employment rose by 143,000 jobs in January after surging by an upwardly revised…
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Mixed Jobs Data May Lead To Choppy Trading On Wall Street
The major U.S. index futures are currently pointing to a roughly flat open on Friday, with stocks likely to extend the lackluster performance seen in the previous session. The futures have seen some volatility following the release of the Labor Department’s closely watched report on employment in the month of January. While the report on…
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Nasdaq, S&P 500 See Further Upside Ahead Of Jobs Report But Dow Gives Back Ground
Stocks showed a lack of direction over the course of the trading session on Thursday, with the major averages swinging back and forth across the unchanged line before eventually closing mixed. The Nasdaq and the S&P 500 reached new highs for the session going into the end the day, closing higher for the third straight…
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U.S. Stocks May See Further Upside As Jobs Report Looms
The major U.S. index futures are currently pointing to a modestly higher open on Thursday, with stocks likely to see further upside after recovering from an initial pullback to end the previous session mostly higher. Stocks may benefit from recent upward momentum, which has seen the markets close higher for two straight days despite concerns…
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U.S. Stocks Recover From Early Pullback To Close Mostly Higher
Stocks came under pressure early in the session on Wednesday but showed a significant rebound over the course of the trading day. The major averages climbed well off their worst levels of the day and into positive territory. The major averages reached new highs for the session going into the close of trading. The Dow…
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Private Sector Employment Increased More Than Expected In January
Payroll processor ADP released a report on Wednesday showing private sector employment in the U.S. increased by more than expected in the month of January. ADP said private sector employment climbed by 183,000 jobs in January after rising by an upwardly revised 176,000 jobs in December. Economists had expected private sector employment to rise by…
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Tech Stocks May Lead Early Pullback On Wall Street
The major U.S. index futures are currently pointing to a lower open on Wednesday, with stocks likely to give back ground after ending the previous session mostly higher. Tech stocks may lead an early pullback on Wall Street amid a negative reaction to earnings news from Alphabet (NASDAQ:GOOGL) and Advanced Micro Devices (NASDAQ:AMD). Shares of…