Category: Latest News
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U.S. Stocks Finish 2025 On Downbeat Note But Post Strong Yearly Gains
After trending lower over the past few sessions, stocks saw continued weakness during light New Year’s Eve trading on Wednesday. The major averages all showed notable moves to the downside over the course of the session. The major averages ended the day just off their lows of the session. The Dow fell 303.77 points or…
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Dow Jones, S&P 500 and Nasdaq Futures Point to Lower Open as Fed Minutes and Year-End Profit-Taking Weigh on Markets
Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a slightly lower open on Wednesday, with stocks likely to see further downside after ending yesterday’s choppy session modestly lower. Stocks may extend the pullback seen over the past few sessions, which has seen the major averages close lower for three straight days as…
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U.S. Jobless Claims Fall Unexpectedly as Labor Market Shows Resilience Ahead of Oil Inventory Data
First-time claims for U.S. unemployment benefits unexpectedly dipped in the week ended December 27th, according to a report released by the Labor Department on Wednesday. The report said initial jobless claims fell to 199,000, a decrease of 16,000 from the previous week’s revised level of 215,000. Economists had expected jobless claims to rise to 220,000…
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U.S. Stocks Finish Choppy Trading Day Modestly Lower
Following the weakness seen in the previous session, stocks showed a lack of direction over the course of the trading day on Tuesday. The major averages spent the day bouncing back and forth across the unchanged line. The major averages eventually ended the day modestly lower. The Dow dipped 94.87 points or 0.2 percent to…
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Dow Jones, S&P 500 and Nasdaq Futures Signal Flat Open as Investors Await Fed Minutes and Assess Tech Pullback
Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a roughly flat open on Tuesday, with stocks likely to show a lack of direction following the weakness seen in the previous session. Traders may be reluctant to make significant moves ahead of the release of the minutes of the Federal Reserve’s latest monetary…
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U.S. Markets Watch S&P Home Prices, Chicago PMI and Fed Minutes Amid Growth Concerns
Standard & Poor’s is scheduled to release its report on home prices in major metropolitan areas in the month of October at 9 am ET. The annual rate of home price growth is expected to slow to 1.1 percent in October from 1.4 percent in September. At 9:45 am ET, MNI Indicators is due to…
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Profit Taking Contributes To Pullback On Wall Street
After turning in a strong performance last week, stocks moved mostly lower during trading on Monday. The major averages all moved to the downside, although selling pressure was somewhat subdued. The major averages ended the day well off their worst levels but still in negative territory. The Dow fell 249.04 points or 0.5 percent to…
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Dow Jones, S&P 500 and Nasdaq futures point to lower open as profit taking hits tech stocks ahead of New Year
Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a lower open on Monday, with stocks likely to give back ground after turning in a strong performance last week. Profit taking may contribute to initial weakness on Wall Street, as some traders look to cash in on recent gains going into the end…
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U.S. pending home sales and crude oil inventories reports expected to show housing gains and oil stock drawdowns
The National Association of Realtors is due to release its report on pending home sales in the month of November at 10 am ET. Pending home sales are expected to increase by 0.8 percent in November after jumping by 1.9 percent in October. At 10:30 am ET, the Energy Information Administration is scheduled to release…
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U.S. Stocks Finish Choppy Trading Day Slightly Lower But Post Strong Weekly Gains
After trending higher over the past several sessions, stocks showed a lack of direction over the course of the trading day on Friday. The major averages spent the day bouncing back and forth across the unchanged line before eventually closing slightly lower. The S&P 500 (SPI:SP500) reached a new record intraday high in early trading…