Category: Market Summary
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Dow, S&P 500 Reach Record Closing Highs As Tech Stocks Extend Rally
Stocks moved sharply higher over the course of the trading session on Friday, adding to the strong gains posted during Thursday’s session. With the continued upward move, the Dow and the S&P 500 set new record closing highs, while the tech-heavy Nasdaq reached its best closing level in two years. The major averages all close…
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Wall Street Highlights: Macy’s Announces Job Cuts, iRobot Shares Plummet Due to Planned Acquisition Block, and More
In the pre-market on Friday, U.S. index futures are rising, extending the increase seen the day before, when the government avoided a shutdown with funding through March. Today, investors await earnings from major financial institutions, as well as data on sales of existing homes and consumer sentiment. At 05:43 AM, the Dow Jones futures (DOWI:DJI)…
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Technology Stocks Lead Rebound On Wall Street
Stocks moved mostly higher over the course of the trading day on Thursday, largely offsetting the weakness seen to start the week. The major averages all moved to the upside, with the tech-heavy Nasdaq leading the advance. The major averages reached new highs late in the session, closing firmly in positive territory. The Nasdaq surged…
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Wall Street Highlights: Sheryl Sandberg Leaves Meta Board, Intel’s EU Dispute Developments, and More
In the pre-market on Thursday, U.S. index futures are showing slight variations, marking a pause after a three-day streak of continuous losses in the Dow Jones. At 05:35 AM, the Dow Jones futures (DOWI:DJI) fell 14 points, or 0.04%. S&P 500 futures rose 0.04% and Nasdaq-100 futures advanced 0.26%. The yield on 10-year Treasury bonds…
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US Futures, European Stocks Largely Flat
U.S. futures for the S&P 500 were up 0.1% and futures for the Dow Jones Industrial Average were flat. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 gained 0.1% in morning trading. Flutter Entertainment climbed 9.6% and Viaplay Group Series B rose 9.2%. On the…
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U.S. Stocks Move Mostly Lower As Data Adds To Interest Rate Uncertainty
After coming under pressure early in the session, stocks remained mostly lower throughout the trading day on Wednesday. The major averages added to the losses posted during Tuesday’s session, with the Dow falling to its lowest closing level in almost a month. The major averages regained ground going into the close of trading but remained…
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Wall Street Highlights: Tesla Cuts Prices in Germany, Interactive Brokers Increases Revenue by 17%, and More
In Wednesday’s pre-market, U.S. index futures extended the downward trend seen in the previous session. As of 6:02 AM, Dow Jones futures (DOWI:DJI) fell 164 points, or 0.44%. S&P 500 futures fell 0.48% and Nasdaq-100 futures retreated 0.58%. The yield on 10-year Treasury bonds was at 4.062%. In the commodities market, West Texas Intermediate crude…
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US Futures, European Stocks Down as Market Dials Back Rate-Cut Bets
U.S. futures for the S&P 500 were down 0.4% and futures for the Dow Jones Industrial Average declined 0.3%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 dropped 1.2% in morning trading. Lindt & Spruengli rose 6.6% and Genus PLC added 2.9%. On the other…
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U.S. Stocks Close Lower After Cautious Session
U.S. stocks closed notably lower on Tuesday as higher Treasury yields and concerns that the Federal Reserve may not cut interest rates anytime soon hurt sentiment. The major averages all ended in the red with the Dow finishing with a more pronounced loss. The Dow settled with a loss of 231.86 points or 0.62 percent…
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Wall Street Highlights: Apple Cuts iPhone Prices in China, Microsoft Launches Copilot Pro Subscription, and More
In Tuesday’s pre-market, U.S. index futures indicate a lower opening, as investors and analysts eagerly await the release of earnings reports from major banks, which promise to offer valuable insights into the current condition of the American consumer and the broader economic outlook. At 5:26 AM, Dow Jones futures (DOWI:DJI) fell 196 points, or 0.52%.…