Category: Market Summary
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Trade War Concerns Lead To Extended Nosedive On Wall Street
Extending the nosedive seen over the course of the previous session, stocks showed another substantial move to the downside during trading on Friday. With the continued sell-off, the Nasdaq and the S&P 500 plunged to their lowest closing levels in eleven months. The major averages ended the session just off their worst levels of the…
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Dow Jones, S&P, Nasdaq, Futures Pointing To Extended Sell-Off On Wall Street
The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a sharply lower open on Friday, with stocks likely to extend the nosedive seen in the previous session. Ongoing concerns about a global trade war are likely to weigh on Wall Street after China announced retaliatory tariff on U.S.…
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Trump’s Tariff Announcement Triggers Nosedive On Wall Street
Stocks plummeted during trading on Thursday amid concerns about a global trade war following President Donald Trump’s tariff announcement. The sell-off dragged the Nasdaq and the S&P 500 down to their lowest levels since last August, while the Dow slumped to a nearly seven-month closing low. The major averages saw further downside going into the…
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Dow Jones, S&P, Nasdaq, Trade War Concerns May Spark Early Sell-Off On Wall Street
The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a sharply lower open on Thursday, with stocks likely to see an initial sell-off amid concerns about a global trade following President Donald Trump’s tariff announcement. The steep drop by the futures comes after Trump delivered a highly anticipated…
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Trump Tariffs Send Dollar Down As Economic Fears Are Stoked
The dollar (CCOM:DXY) slumped on Thursday morning, dropping 2.1% against a basket of trading partners’ curriencies. This puts it on track for its worst day since 2022. The fall has been caused by fears of lower growth following the sweeping tariffs that President Trump has levied against multiple countries. Franceso Pesole, an FX strategist at…
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U.S. Stocks Recover From Early Slump To Close Higher Ahead Of Tariff Announcement
Stocks once again recovered from an early slump to end Wednesday’s trading mostly higher, adding to the gains posted in the previous session. The major averages climbed well off their lows to end the day firmly in positive territory. The major averages gave back ground in early afternoon trading but moved back to the upside…
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Dow Jones, S&P, Nasdaq, Looming Tariff Announcement May Weigh On Wall Street
The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a sharply lower open on Wednesday, with stocks likely to give back ground after ending yesterday’s volatile session mostly higher. The downward momentum on Wall Street comes amid concerns about the impact of President Donald Trump’s reciprocal tariffs on…
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U.S. Stocks Finish Volatile Session Mostly Higher
After recovering from an early move to the downside and moving mostly higher in morning trading on Tuesday, stocks showed a lack of direction over the remainder of the session. The major averages spent the day swinging back and forth across the unchanged line. The tech-heavy Nasdaq eventually ended the day firmly positive, jumping 150.60…
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Dow Jones, S&P, Nasdaq, Futures Pointing To Initial Pullback On Wall Street
The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a lower open on Tuesday, with stocks likely to move back to the downside after recovering from an early sell-off to end Monday’s session mixed. Ongoing concerns about President Donald Trump’s trade policies may lead to renewed weakness on…
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Major Averages Recover From Early Sell-Off To Close Mixed
After moving sharply lower early in the session, stocks showed a significant rebound over the course of the trading day on Monday. The major averages climbed well off their worst levels of the day to close mixed. The Dow jumped 417.86 points or 1 percent to 42,001.76 and the S&P 500 (SPI:SP500) climber 30.91 points…