Category: Latest News
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U.S. Producer Prices Unexpectedly Flat In February
With an increase in prices for goods offset by a decrease in prices for services, the Labor Department released a report on Thursday showing producer prices in the U.S. were unexpectedly flat in the month of February. The Labor Department said its producer price index for final demand was unchanged in February after climbing by…
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Dow Jones, S&P, Nasdaq, Ongoing Tariff Threats May Lead To Initial Pullback On Wall Street
The major U.S. index futures for the Dow Jones, S&P, and Nasdaq are currently pointing to a modestly lower open on Thursday, with stocks likely to move back to the downside after ending the previous session mostly higher. Ongoing concerns about President Donald Trump’s trade policies may weigh on Wall Street after he suggested the…
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U.S. Stocks Move Mostly Higher After Early Volatility
After seeing considerable volatility early in the session, stocks moved mostly higher over the course of the trading day on Wednesday. With the upward move, the Nasdaq and the S&P 500 (SPI:SP500) regained ground after ending Tuesday’s trading at their lowest closing levels in six months. The tech-heavy Nasdaq led the way higher, jumping 212.35…
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U.S. Consumer Prices Up Slightly Less Than Expected in February
A report released by the Labor Department on Wednesday showed consumer prices in the U.S. increased by slightly less than expected in the month of February. The Labor Department said its consumer price index crept up by 0.2 percent in February after climbing by 0.5 percent in January. Economists had expected consumer prices to rise…
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Dow Jones, S&P, Nasdaq, Tamer-Than-Expected Inflation Data May Spark Early Rally On Wall Street
The major U.S. index futures for the Dow Jones, S&P and Nasdaq are currently pointing to a sharply higher open on Wednesday, with stocks likely to move to the upside after ending the previous session off their worst levels but still mostly lower. The futures advanced following the release of a closely watched Labor Department…
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U.S. Stocks Come Off Day’s Lows, But Still Close On Weak Note
U.S. stocks closed on a negative note on Tuesday after a highly volatile session, and the major averages all closed in the red despite a good recovery past mid afternoon. Worries about global economic outlook, and fears of a possible recession in the U.S., due to the trade war, hurt investor sentiment. The Dow settled…
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Dow Jones, S&P, Nasdaq, Futures Pointing To Initial Rebound On Wall Street
The major U.S. index futures for the Dow Jones, S&P and Nasdaq are currently pointing to a modestly higher open on Tuesday, with stocks likely to regain ground following the sell-off seen in the previous session. Traders may look to pick up stocks at reduced levels following the steep drop seen on Monday, which extended…
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U.S. Stocks Close Sharply Lower On Growth Worries; Nasdaq Tumbles 4 Percent
U.S. stocks tumbled on Monday and the major averages all closed sharply lower, with the tech-laden Nasdaq recording a more pronounced losses. Uncertainty about President Donald Trump’s tariff moves, fears of a recession in the world’s largest economy, and weak global growth outlook weighed on investor sentiment. In a Fox News interview on Sunday, U.S.…
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Recession Worries May Lead To Initial Sell-Off On Wall Street
The major U.S. index futures are currently pointing to a sharply lower open on Monday, with stocks likely to move back to the downside after ending last Friday’s highly volatile session mostly higher. Concerns about the impact of President Donald Trump’s tariff policies may continue to weigh on Wall Street amid increasing worries the U.S.…
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U.S. Stocks Finish Volatile Session Mostly Higher But Post Steep Weekly Losses
Stocks saw significant volatility over the course of the trading session on Friday, as the major averages swung back and forth across the unchanged line before eventually closing firmly positive. The major averages came under pressure after initially showing a lack of direction, with the Nasdaq and the S&P 500 hitting five-month intraday lows before…