Category: Market Summary
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Dow Jones, S&P, Nasdaq, Wall Street, U.S. Futures Rise as House Vote to End Shutdown Nears; Cisco and Chevron in Focus
U.S. stock futures edged higher on Wednesday, with markets awaiting a key vote in the House of Representatives to end the government shutdown that has stretched beyond 40 days. Republican lawmakers, who control the chamber, expressed confidence that the funding bill will pass after receiving Senate approval earlier this week. If the measure succeeds, it…
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Wall Street Ends Mixed On Tuesday
Following the rally seen to start the week, the major U.S. stock indexes moved in starkly opposite directions during trading on Tuesday. While the Dow extended the strong upward move seen on Monday and the S&P 500 (SPI:SP500) recovered from early weakness, the tech-heavy NASDAQ has slipped back to the downside. The Dow jumped 559.33…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, U.S. Stocks Ease as Markets Consolidate Gains Ahead of Government Reopening
U.S. equities traded mostly lower on Tuesday, as investors consolidated positions following a strong rally in technology shares, while optimism grew that the longest government shutdown in U.S. history was finally nearing its end. At 09:35 ET, the Dow Jones Industrial Average rose 80 points (0.2%), while the S&P 500 dipped 10 points (0.2%), and…
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Dow Jones, S&P, Nasdaq, Wall Street, Futures, Senate Passes Bill to End U.S. Shutdown; CoreWeave Guidance Cut and SoftBank Earnings Beat: Market Movers
U.S. stock futures traded lower on Tuesday as investors digested developments in Washington, where the Senate approved a bill to reopen the federal government, potentially ending the longest shutdown in U.S. history. Meanwhile, AI cloud company CoreWeave (NASDAQ:CRWV) trimmed its full-year revenue outlook, and SoftBank Group (USOTC:SFTBY) delivered a major profit beat, supported by strong…
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Optimism About End Of Government Shutdown Sparks Rally On Wall Street
Stocks moved sharply higher during trading on Monday, regaining ground following the considerable weakness seen in the previous week. The major averages all moved to the upside on the day, with the tech-heavy Nasdaq leading the charge. The major averages ended the day just off their highs of the session. The Nasdaq surged 522.64 points…
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Dow Jones, S&P, Nasdaq, Futures, Wall Street Set for a Strong Open as Shutdown Resolution Fuels Optimism
U.S. stock futures pointed to a sharp rebound on Monday, suggesting a positive start to the week as investors reacted to encouraging signs that the longest government shutdown in U.S. history may soon come to an end. The bullish tone followed the Senate’s 60-40 vote over the weekend to advance a temporary funding bill that…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, Markets Rally on U.S. Shutdown Progress, COP30 Begins, and Pfizer Clinches Metsera Deal
U.S. stock futures rose sharply on Monday after the Senate voted in favor of a bill aimed at ending the long-lasting government shutdown, also prompting gains for gold and crude oil. The COP30 climate conference begins later in the session, Pfizer has won the bidding war for obesity drug developer Metsera. U.S. Shutdown Breakthrough Sparks Global Optimism…
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U.S. Stocks Recover From Early Slump To Close Narrowly Mixed
After initially extending the sharp pullback seen during Thursday’s session, stocks showed a significant rebound over the course of the trading day on Friday. The major averages climbed well off their lows of the session, with the Dow and the S&P 500 reaching positive territory. The major averages ended the day narrowly mixed. While the…
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Dow Jones, S&P 500 And Nasdaq Futures Extend Losses As AI Bubble Fears Rattle Wall Street
Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a lower open on Friday, with stocks likely to see further downside following the sharp pullback seen in the previous session. Concerns about valuations may continue to weigh on Wall Street, as investors have recently expressed worries about an artificial intelligence bubble. Valuation anxiety…
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U.S. Stocks Pullback Sharply As AI Valuation Concerns Resurface
After coming under pressure early in the session, stocks saw continued weakness throughout much of the trading day on Thursday. The major averages more than offset the gains posted during Wednesday’s session, falling to their lowest closing levels in two weeks. The major averages moved to the downside going into close, ending the day just…