Category: Latest News
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U.S.-China Trade Deal Likely To Spark Early Rally On Wall Street
The major U.S. index futures are currently pointing to a sharply higher open on Monday, with stocks poised to more than offset the modest losses posted last week. The upward momentum on Wall Street comes following news of a U.S.-China trade deal that drastically reduces the massive tariffs on each other’s goods. The White House…
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Adriana Kugler to Discuss Economic Outlook at International Symposium
Federal Reserve Board Governor Adriana Kugler is scheduled to speak on the economic outlook at the National Association for Business Economics and the Central Bank of Ireland’s International Economic Symposium at 10:25 am ET.
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U.S. Stocks Finish Choppy Trading Day Little Changed
After failing to sustain an initial move to the upside, stocks showed a lack of direction over the course of the trading session on Friday. The major averages spent much of the day bouncing back and forth across the unchanged line before eventually closing narrowly mixed. While the Nasdaq crept up 0.78 points or less…
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Dow Jones, S&P, Nasdaq, Trade Deal Optimism 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 higher open on Friday, with stocks likely to extend the upward move seen over the two previous sessions. Optimism about a potential U.S.-China trade deal may contribute to initial strength on Wall Street ahead of Treasury Secretary Scott…
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U.S. Stocks Give Back Ground In Late-Day Trading But Remain Firmly Positive
After moving mostly higher early in the session, stocks turned in a strong performance throughout much of the trading day on Thursday before giving back some ground going into the close. The major averages pulled back well off their highs of the session but still finished the session firmly in positive territory. The Nasdaq jumped…
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First-Time U.S. Unemployment Benefit Claims Down Slightly
First-time claims for U.S. unemployment benefits saw a modest decline in the week ended May 3rd, according to a report released by the Labor Department on Thursday. The report said initial jobless claims dipped to 228,000, a decrease of 13,000 from the previous week’s unrevised level of 241,000. Economists had expected jobless claims to slip…
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Dow Jones, S&P, Nasdaq, U.S. Stocks May See Initial Strength On News of U.S.-U.K. Trade Deal
The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a higher open on Thursday, with stocks likely to see further upside after ending yesterday’s volatile session mostly higher. The upward momentum on Wall Street comes after President Donald Trump indicated he will announce a U.S.-U.K. trade deal during…
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U.S. Stocks Close Higher Following Late-Day Volatility
After moving mostly lower over the two previous sessions, stocks saw considerable volatility over the course of the trading day on Wednesday. The major averages swung back and forth across the unchanged, particularly in the latter part of the session. The major averages eventually ended the day in positive territory. The Dow advanced 284.97 points…
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Dow Jones, S&P, Nasdaq, News Of U.S.-China Talks 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 higher open on Wednesday, with stocks likely to move back to the upside following the pullback seen over the two previous sessions. The futures advanced following news that Treasury Secretary Scott Bessent will meet with China’s lead representative…
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Ongoing Trade Uncertainty Contributes To Extended Pullback On Wall Street
After ending Monday’s volatile session mostly lower, stocks saw continued weakness during trading on Tuesday. The major averages all moved to the downside on the day, pulling back further off last Friday’s one-month closing highs. The major averages finished the day firmly in negative territory. The Dow slumped 389.83 points or 1.0 percent to 40,829.00,…