Category: Latest News
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U.S. Stocks Move Sharply Lower On Concerns About Trump’s Trade Policies
Stocks moved sharply lower early in the session on Wednesday and saw even further downside over the course of the trading day. The major averages all posted steep losses, with the tech-heavy Nasdaq under particularly heavy selling pressure. The major averages climbed off their worst levels going into the end of the day but remained…
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U.S. Retail Sales Up Sharply In March
Retail sales in the U.S. saw a sharp increase in the month of March, according to a report released by the Commerce Department on Wednesday. The Commerce Department said retail sales shot up by 1.4 percent in March after inching up by 0.2 percent in February. Economists had expected retail sales to jump by 1.3…
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Dow Jones, S&P, Nasdaq, Slump By Nvidia May Weigh On Wall Street
The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a lower open on Wednesday, with stocks likely to see further downside after ending Tuesday’s choppy trading session modestly lower. A steep drop by Nvidia (NASDAQ:NVDA) is likely to weigh on the markets, as the AI darling is plunging…
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U.S. Stocks Finish Choppy Trading Session Modestly Lower
After ending Monday’s volatile session notably higher, stocks continued to show a lack of direction over the course of the trading day on Tuesday. The major averages bounced back and forth across the unchanged line before eventually closing modestly lower. The Dow fell 155,83 points or 0.4 percent to 40,368,96, the S&P 500 (SPI:SP500) dipped…
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U.S. Import Prices Slightly Lower In March
Import prices in the U.S. edged slightly lower in the month of March, according to a report released by the Labor Department on Tuesday. The Labor Department said import prices slipped by 0.1 percent in March after rising by a downwardly revised 0.2 percent in February. Economists had expected import prices to come in unchanged…
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Dow Jones, S&P, Nasdaq, Futures Pointing To Initial Pullback On Wall Street
The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a lower open on Tuesday, with stocks likely to give back ground after moving notably higher over the two previous sessions. Traders may look to cash in on the recent strength in the markets amid lingering uncertainty about President…
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U.S. Stocks Fluctuate Before Closing Mostly Higher
After moving sharply higher over the course of last Friday’s session, stocks fluctuated over the course of the trading day on Monday but managed to end the day mostly higher. The major averages all finished the day firmly positive, climbing further off the one-year lows hit last Tuesday. The Dow jumped 312.08 points or 0.8…
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Dow Jones, S&P, Nasdaq, Tech Tariff Exemptions May Lead To Initial Strength On Wall Street
The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a sharply higher open on Monday, with stocks likely to add to the strong gains posted last Friday. Technology stocks are likely to lead the way higher after U.S. Customs and Border Protection guidance issued late Friday revealed certain…
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U.S. Stocks Rally As White House Expresses Optimism About Trade Deal With China
After showing a lack of direction early in the session, stocks moved sharply higher over the course of the trading day on Friday. The major averages all showed strong moves to the upside, partly offsetting the substantial pullback seen during Thursday’s session. The major averages moved roughly sideways going into the close, hovering firmly in…
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U.S. Producer Prices Unexpectedly Decreased In March
On the heels of yesterday’s report showing a surprise dip by U.S. consumer prices, the Labor Department released a separate report on Friday showing U.S. producer prices also unexpectedly decreased in the month of March. The Labor Department said its producer price index for final demand fell by 0.4 percent in March after inching up…