Category: Latest News
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Dow Jones, S&P, Nasdaq Futures Flat as Traders Await Fed Decision and Rate Outlook
The major U.S. index futures for the Dow Jones, S&P and Nasdaq are currently pointing to a roughly flat open on Wednesday, with stocks likely to show a lack of direction following the sharp pullback seen in the previous session. Traders may be reluctant to make significant moves ahead of the Federal Reserve’s monetary policy…
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U.S. Stocks Move Back To The Downside Following Two-Day Rebound
Stocks moved sharply lower during trading on Tuesday, giving back ground following the significant rebound seen over the two previous sessions. The major averages all moved to the downside, with the tech-heavy Nasdaq leading the pullback. The major averages ended the day off their worst levels but still firmly negative. The Nasdaq tumbled 304.55 points…
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U.S. New Residential Construction Rebounded More Than Expected In February
New residential construction in the U.S. rebounded by much more than anticipated in the month of February, according to a report released by the Commerce Department on Tuesday. The Commerce Department said housing starts spiked by 11.2 percent to an annual rate of 1.501 million in February after plunging by 11.5 percent to a revised…
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Dow Jones, S&P, Nasdaq, U.S. Stocks May Move Back To The Downside In Early Trading
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 following the rebound seen over the two previous sessions. Trades may look to cash in on the recent recovery by the markets amid lingering concerns about the…
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U.S. Stocks Extend Last Friday’s Rebound But Close Well Off Highs
After rebounding last Friday but still posting steep weekly losses, stocks continued to regain ground during trading on Monday. The major averages all moved to the upside over the course of the session. The major averages pulled back well off their highs going into the end of trading but remained in positive territory. The Dow…
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U.S. Retail Sales Show Modest Rebound In February
After reporting a notable decrease by U.S. retail sales in the previous month, the Commerce Department released a report on Monday showing a modest rebound by retail sales in the month of February. The Commerce Department said retail sales rose by 0.2 percent in February after tumbling by a revised 1.2 percent in January. Economists…
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Dow Jones, S&P, Nasdaq, Futures Pointing To Roughly Flat Open On Wall Street
The major U.S. index futures for Dow Jones, S&P and Nasdaq are currently pointing to a roughly flat open on Monday, with stocks likely to show a lack of direction after rebounding last Friday but still posting steep weekly losses. Uncertainty about the near-term outlook for the markets may keep some traders on the sidelines…
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U.S. Stocks Show Significant Rebound But Still Post Steep Weekly Losses
Following the sell-off seen over the course of Thursday’s session, stocks showed a substantial move back to the upside during trading on Friday. The major averages all moved sharply higher, with the tech-heavy Nasdaq posting a standout gain. The major averages reached new highs for the session going into the close of trading. The Nasdaq…
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Dow Jones, S&P, Nasdaq, Wall Street May Rebound Sharply Due To Bargain Hunting
U.S. Market Outlook for Dow Jones, S&P, and Nasdaq Futures for major U.S. stock indexes Dow Jones, S&P, and Nasdaq indicate a strong rebound at Friday’s opening, suggesting a recovery from the previous session’s sharp decline. Investors may see this as an opportunity to buy stocks at a discount after Thursday’s significant sell-off, which pushed…
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Gold Price Breaks Past $3,000 As Trump’s Tariff Mayhem Continues
After hitting an all-time high yesterday, the gold price (PM:XAUUSD) has now broken above $3,000. Markets continue to be driven downwards by President Trump’s tariffs – not just the tariffs themselves, but also the uncertainty of the continual changes, with policies being announced and then reversed. Yesterday, the major US markets all fell. The money…