Category: Market Summary
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U.S. Stocks Close Little Changed Ahead Of Inflation Data
Following the strong upward move seen late in Wednesday’s session, stocks showed a lack of direction over the course of the trading day on Thursday. Despite the choppy trading, the Dow (DOWI:DJI) and the S&P 500 (SPI:SP500) reached new record closing highs. The major averages eventually ended the session narrowly mixed. While the Nasdaq (NASDAQI:COMP)…
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Walgreens Slashes Annual Profit Forecast; MillerKnoll Nosedives 17% on Bleak 4Q Outlook, and Latest News
JPMorgan Chase (NYSE:JPM) – JPMorgan Chase is looking to expand its wealth management and attract more investors by introducing the Wealth Plan tool to its 54 million Chase retail clients. This tool has recently seen about 10 million active users. The bank has also named Rita Chan and Alan Ho as the new senior co-heads…
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Late-Day Surge Contributes To Higher Close On Wall Street
Stocks fluctuated over the course of the trading session on Wednesday but managed to end the day mostly higher thanks to a late-day surge. With the upward move, the Dow and the S&P 500 snapped three-day losing streaks. The major averages all moved to the upside, with the Dow posting a standout gain. While the…
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U.S. Stock Index Futures Point to a Rebound, Oil See Declines in Early Trading
U.S. index futures indicate an uptrend in pre-market trading on Wednesday, bouncing back after a previous unfavorable session that further distanced the indices from reaching their record levels. At 05:57 AM, Dow Jones futures (DOWI:DJI) rose 145 points, or 0.37%. S&P 500 futures advanced 0.34%, and Nasdaq-100 futures gained 0.36%. The 10-year Treasury yield was…
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U.S. Stocks Close Modestly Lower Following Late-Day Pullback
Stocks saw modest strength throughout much of the trading day on Tuesday before coming under pressure in the final hour of the session. The major averages all moved to the downside, finishing the day in negative territory. After climbing by more than 100 points earlier in the day, the Dow (DOWI:DJI) ended the session down…
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U.S. Index Futures on the Rise, Oil Prices Show Stability
U.S. index futures are showing an uptrend in pre-market trading this Tuesday, with investors keen on driving a recovery that had previously lifted stocks to their all-time highs, looking to reverse the losses seen in the previous session. At 06:19 AM, Dow Jones futures (DOWI:DJI) rose 103 points, or 0.26%. S&P 500 futures advanced 0.40%,…
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U.S. Stocks Show Modest Move To The Downside
After an early move to the downside, stocks fluctuated over the course of the trading session on Monday but largely maintained a negative bias. The major averages all finished the day lower after ending last Friday’s trading mixed. The tech-heavy Nasdaq (NASDAQ:COMP) fell 44.35 points or 0.3 percent to 16,384.47, pulling back off the record…
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Tech Sector Weakness May Weigh On Wall Street
The major U.S. index futures are currently pointing to a lower open on Monday, with stocks likely to move to the downside after ending last Friday’s choppy session mixed. Weakness among technology stocks may weigh on the markets, as reflected by the 0.5 percent drop by the Nasdaq 100 futures. Shares of Intel (NASDAQ:INTC) and…
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Donald Trump’s Stock Market Deal For Truth Social Passes, And Could Give Him Billions
Trump Media, the owners of the social media platform Truth Social, is about the become a publicly listed company, as it is due to be acquired by Digital World Acquisition Corp after a shareholder vote on Friday. Trump will have at least a 58% stake in the merged company, worth almost $3 billion. Digital World,…
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U.S. Stocks Close Mixed On The Day But Sharply Higher For The Week
After trending higher over the past several sessions, stocks turned in a relatively lackluster performance during trading on Friday. The major averages fluctuated over the course of the session before eventually ending the day mixed. While the Nasdaq (NASDAQI:COMP) inched up 26.98 points or 0.2 percent to a new record closing high of 16,428.82, the…