Category: Latest News
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U.S. Stocks Recover From Early Slump To Close Higher Ahead Of Tariff Announcement
Stocks once again recovered from an early slump to end Wednesday’s trading mostly higher, adding to the gains posted in the previous session. The major averages climbed well off their lows to end the day firmly in positive territory. The major averages gave back ground in early afternoon trading but moved back to the upside…
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U.S. Private Sector Employment Up More Than Expected In March
Private sector employment in the U.S. increased by more than expected in the month of March, according to a report released by payroll processor ADP on Wednesday. ADP said private sector employment jumped by 155,000 jobs in March after climbing by an upwardly revised 84,000 jobs in February. Economists had expected private sector employment to…
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Dow Jones, S&P, Nasdaq, Looming Tariff Announcement May Weigh On Wall Street
The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a sharply lower open on Wednesday, with stocks likely to give back ground after ending yesterday’s volatile session mostly higher. The downward momentum on Wall Street comes amid concerns about the impact of President Donald Trump’s reciprocal tariffs on…
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U.S. Stocks Finish Volatile Session Mostly Higher
After recovering from an early move to the downside and moving mostly higher in morning trading on Tuesday, stocks showed a lack of direction over the remainder of the session. The major averages spent the day swinging back and forth across the unchanged line. The tech-heavy Nasdaq eventually ended the day firmly positive, jumping 150.60…
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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 move back to the downside after recovering from an early sell-off to end Monday’s session mixed. Ongoing concerns about President Donald Trump’s trade policies may lead to renewed weakness on…
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Major Averages Recover From Early Sell-Off To Close Mixed
After moving sharply lower early in the session, stocks showed a significant rebound over the course of the trading day on Monday. The major averages climbed well off their worst levels of the day to close mixed. The Dow jumped 417.86 points or 1 percent to 42,001.76 and the S&P 500 (SPI:SP500) climber 30.91 points…
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Dow Jones, S&P, Nasdaq, U.S. Stocks May Extend Pullback Amid Ongoing Tariff Concerns
The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a sharply lower open on Monday, with stocks likely to extend the significant pullback seen over the past few sessions. The downward momentum on Wall Street comes amid ongoing concerns about the impact of President Donald Trump’s reciprocal tariffs…
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Gold Continues To Rise Past $3,120, Hitting All-Time Peak
Gold prices (PM:XAUUSD) have soared above $3,120 per ounce on Monday morning, fuelled by concerns about the potential economic fallout of U.S. President Trump’s tariff war together with geopolitical worries. A fresh wave of investments into the safe-haven of the gold market has boosted the price . The spot gold price hit its all-time high…
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Troubling Economic Data Leads To Sell-Off On Wall Street
Extending the pullback seen over the two previous sessions, stocks moved sharply lower during trading on Friday. The major averages came under pressure early in the session and saw further downside as the day progressed. The tech-heavy Nasdaq posted a particularly steep loss, plunging 481.04 points or 2.7 percent to a six-month closing low of…
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U.S. Consumer Prices Up As Estimated In February
A report released by the Commerce Department on Friday showed U.S. consumer prices increased in line with economist estimates in the month of February, although core consumer prices rose by slightly more than expected. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.3 percent in February, matching the increases seen…