Category: Latest News
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Dow Jones, S&P, Nasdaq, Futures Pointing To Continued Strength On Wall Street
The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a higher open on Tuesday, with stocks likely to add to the strong gains posted in the previous session. The markets may continue to benefit from optimism President Donald Trump plans to take a more narrow approach to new…
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U.S. Stocks Close On Buoyant Note; Nasdaq Rises 2.3 Percent
U.S. stocks turned in a fine performance on Monday, with the technology sector posting more pronounced gains. The market stayed positive as the mood remained bullish right through. Investors reacted to reports President Donald Trump plans to hold back some of the reciprocal tariffs set to take effect on April 2nd. A report from the…
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Dow Jones, S&P, Nasdaq, U.S. Stocks May See Early Rally On Reports Trump To Narrow Tariffs
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 see further upside after recovering from an early sell-off to end last Friday’s trading modestly higher. Early buying interest is likely to be generated in reaction to reports President…
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U.S. Stocks Recover From Early Sell-Off To Close Modestly Higher
After moving sharply lower early in the session, stocks showed a significant recovery over the course of the trading day on Friday. The major averages climbed well off their worst levels of the day and into positive territory. The tech-heavy Nasdaq saw a notable advance going into the close, ending the day up 92.43 points…
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Dow Jones, S&P, Nasdaq, Steep Drops By FedEx, Nike May Weigh On Wall Street
The major U.S. index futures for the Dow Jones, S&P and Nasdaq are currently pointing to a lower open on Friday, with stocks likely to add to the modest losses posted during Thursday’s choppy session. The downward momentum on Wall Street comes amid ongoing concerns about the economic outlook along with rising geopolitical tensions and…
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U.S. Stocks Finish Choppy Trading Session Modestly Lower
After recovering from an initial move to the downside, stocks showed a lack of direction over the course of the trading session on Thursday. The major averages swung back and forth across the unchanged line before eventually closing modestly lower. The Nasdaq fell 59.16 points or 0.3 percent to 17,691.63 and the S&P 500 (SPI:SP500)…
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U.S. First-Time Unemployment Benefit Claims Up Slightly
First-time claims for U.S. unemployment benefits crept slightly higher in the week ended March 15th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims inched up to 223,000, an increase of 2,000 from the previous week’s revised level of 221,000. Economists had expected jobless claims to rise…
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Dow Jones, S&P, Nasdaq, Lingering Economic Worries May Lead To Pullback On Wall Street
The major U.S. index futures for the Dow Jones, S&P and Nasdaq are currently pointing to a lower open on Thursday, with stocks likely to give back ground after ending the previous session sharply higher. Traders may look to cash in on yesterday’s gains amid lingering concerns about the economic outlook following the Federal Reserve’s monetary…
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U.S. Stocks Show Strong Move Back To The Upside Following Fed Announcement
Following the sharp pullback seen in the previous session, stocks showed a strong move back to the upside during trading on Wednesday. With the rally, the major averages largely offset Tuesday’s steep losses. The major averages pulled back off their best levels going into the close but remained sharply higher. The Nasdaq surged 246.67 points…
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The Fed Decision and Crude Oil Inventory Report Are Key Market Events Today
At 10:30 am ET, the Energy Information Administration is due to release its report on oil inventories in the week ended March 14th. Crude oil inventories are expected to increase by 1.2 million barrels after rising by 1.4 million barrels in the previous week. The Federal Reserve is scheduled to announce its latest monetary policy…