Category: Market Summary
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U.S. Stocks Show Significant Rebound Following Strong Jobs Data
Following the sell-off seen late in the previous session, stocks showed a significant move back to the upside during trading on Friday. The major averages all moved notably higher, largely offsetting Thursday’s steep losses. The major averages finished the day off their highs of the session but still firmly in positive territory. The Nasdaq (NASDAQI:COMP)…
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U.S. Index Futures Indicate Moderate Recovery Ahead of March Employment Report Release, Oil Edges Up
U.S. index futures indicate a moderate recovery in pre-market trading on Friday, ahead of the release of the U.S. employment report for March. At 06:45 AM, Dow Jones futures (DOWI:DJI) rose 63 points, or 0.16%. S&P 500 futures advanced 0.27%, and Nasdaq-100 futures gained 0.32%. The yield on 10-year Treasury bonds stood at 4.33%. In…
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U.S. Stocks Close Sharply Lower Following Late-Day Sell-Off
Stocks turned in a strong performance throughout much of the trading day on Thursday but came under substantial pressure in the latter part of the session. The major averages plummeted in the final two hours of trading, ending the day sharply lower. The major averages saw continued weakness going into the close, finishing the session…
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US Index Futures Rise, Oil Dips Slightly
This Thursday, U.S. index futures show cautious optimism, reflecting market expectations in anticipation of payroll data. This upward movement comes a day after statements by Jerome Powell, chairman of the Federal Reserve (Fed), who reiterated the position that a reduction in interest rates will only be considered when there is a clear trend that inflation…
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Major Averages Fluctuate Before Closing Narrowly Mixed
Stocks recovered from an initial move to the downside and spent most of Wednesday’s trading session in positive territory. Buying interest waned in the latter part of the session, however, with the major averages eventually ending the day narrowly mixed. While the Dow (DOWI:DJI) edged down 43.10 points or 0.1 percent to 39,127.14, closing lower…
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U.S. Futures Dip in Pre-Market, May WTI and June Brent Crude Prices Edge Higher
U.S. index futures are slightly down in pre-market trading this Wednesday, reflecting the continuation of a challenging start to the second quarter of 2024. At 06:27 AM, Dow Jones futures (DOWI:DJI) fell 35 points, or 0.09%. S&P 500 futures were down 0.21%, and Nasdaq-100 futures lost 0.34%. The yield on 10-year Treasury notes was at…
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U.S. Stocks Move Sharply Lower Amid Renewed Interest Rate Uncertainty
After moving sharply lower early in the session, stocks continue to see considerable weakness throughout the trading day on Tuesday. The Dow (DOWI:DJI) and the S&P 500 (SPI:SP500) added to Monday’s losses, pulling back further off the record closing highs set last Thursday. The major averages ended the session off their worst levels of the…
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Renewed Interest Rate Uncertainty May Weigh On Wall Street
The major U.S. index futures are currently pointing to early weakness on Tuesday, with stocks likely to see further downside after turning lower over the course of the previous session. Renewed uncertainty about the outlook for interest rates may weigh on the markets as traders digest recent U.S. economic data. Last Friday’s closely watched inflation…
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Dow, S&P 500 Give Back Ground But Nasdaq Inches Higher
After failing to sustain an early move to the upside, stocks moved mostly lower over the course of the trading day on Monday. The Dow and the S&P 500 gave back ground after ending last Thursday’s trading at record closing highs, while the tech-heavy Nasdaq managed to end the day in positive territory. While the…
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Pre-Market U.S. Stock Movers – April 1st
Wall Street’s major stock exchanges opened Monday’s session trading mostly flat, as investors returned after the Good Friday break when the United States personal consumption expenditures data showed an increase of 0.8% in February. As the second quarter of the year is starting, and a little later after the opening bell, market participants are waiting…