Category: Market Summary
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U.S. Stocks Close Mixed Ahead Of Next Week’s Fed Meeting
After moving in opposite directions early in the session, the major U.S. stocks indexes continued to turn in a mixed performance throughout the trading day on Friday. While the tech-heavy Nasdaq climbed to a new record closing high, the Dow moved back to the downside. The Nasdaq ended the session off its best levels of…
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Dow Jones and S&P 500 Futures Retreat from Record Highs as Market Forecasts Fed Rate Cut Path
Dow Jones and S&P 500 futures are currently pointing to a slightly lower open on Friday, with stocks likely to give back ground following the strong upward move seen in the previous session. Profit taking may contribute to initial weakness on Wall Street following yesterday’s rally, which lifted the major averages to new record closing…
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U.S. Stocks Rally To Record Highs Amid Positive Reaction To Data
Stocks showed a strong move to the upside during trading on Thursday, with the major averages all moving notably higher following the mixed performance seen during Wednesday’s session. With the upward move, the major averages all reached new record closing highs. The major averages finished the session just off their best levels of the day.…
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S&P 500, Nasdaq Pull Back Off Best Levels But Still Reach Record Closing Highs
Stocks moved mostly higher early in the session on Wednesday but gave back ground over the course of the trading day. The S&P 500 and the Nasdaq pulled back well off their best levels but still managed to end the day at new record closing highs. The S&P 500 (SPI:SP500) rose 19.43 points or 0.3…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, Markets Eye PPI; Oracle Forecasts Surge; Novo Nordisk Announces Layoffs
U.S. stock futures were mixed Wednesday as investors awaited fresh inflation data. Economists expect the annualized producer price index (PPI) for final demand in August to match July’s pace, highlighting persistent inflation pressures ahead of the Federal Reserve’s key rate decision next week. Meanwhile, Oracle (NYSE:ORCL) posted a blockbuster booked revenue forecast, boosting pre-market trading,…
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U.S. Stocks Reach Record Closing Highs Ahead Of Inflation Data
After showing a lack of direction early in the session, stocks moved mostly higher over the course of the trading day on Tuesday. The major averages added to the gains posted during Monday’s session, reaching new record closing highs. The major averages pulled back off their highs going into the close but remained in positive…
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Dow Jones, S&P, Nasdaq, Futures, Wall Street Expected to Trade Cautiously Ahead of Inflation Data
U.S. stock futures point to a largely flat start on Tuesday, with markets likely to show limited momentum after posting modest gains in the previous session. Investors are holding back ahead of key inflation readings set to come later this week, which could influence Federal Reserve interest rate decisions. The Labor Department will release the…
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Rate Cut Optimism Contributes To Higher Close On Wall Street
Stocks moved moderately higher during trading on Monday, regaining ground after ending last Friday’s session well off their worst levels but still mostly lower. With the upward move, the tech-heavy Nasdaq reached a new record closing high. The major averages all ended the day in positive territory. The Nasdaq climbed 98.31 points or 0.5 percent…
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Dow Jones, S&P, Nasdaq, Wall Street Futures Edge Up Ahead of Inflation Reports
U.S. stock futures indicate a modestly higher open on Monday as investors weigh last week’s mixed market performance and weaker-than-expected payroll figures. Despite pulling back from intraday lows on Friday, the major indexes still closed slightly lower. Friday’s Labor Department report showed U.S. nonfarm payrolls rose just 22,000 in August, well below economists’ forecast of…
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Dow Jones, S&P, Nasdaq, Wall Street, U.S. Futures Advance as Inflation Data Looms; Global Politics and Oil Gain Attention
U.S. stock futures moved slightly higher on Monday as investors weighed the potential for Federal Reserve interest rate cuts later this month. Key inflation figures scheduled for release this week are likely to influence market expectations, while political developments in France and Japan, alongside rising oil prices, are shaping sentiment. Futures See Modest Gains By…