Category: Latest News
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Nasdaq, S&P 500 Close Little Changed, Dow Slumps As UnitedHealth Plunges
Following the sell-off seen in the previous session, stocks showed a lack of direction over the course of the trading day on Thursday. The Nasdaq and the S&P 500 spent the day bouncing back and forth across the unchanged line before eventually closing narrowly mixed. While the Nasdaq edged down 20.71 points or 0.1 percent…
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U.S. First-Time Unemployment Benefit Claims Down Slightly
First-time claims for U.S. unemployment benefits unexpectedly saw a modest decrease in the week ended April 12th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims dipped to 215,000, a decrease of 9,000 from the previous week’s revised level of 224,000. Economists had expected initial jobless claims…
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Dow Jones, S&P, Nasdaq, Futures Pointing To Initial Rebound 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 Thursday, with stocks likely to regain ground following the sell-off seen over the course of the previous session. Traders may look to pick up stocks at reduced levels following yesterday’s steep losses on the heels…
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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…