Category: Market Summary
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Dow Jones, S&P, Nasdaq, U.S. Stocks May Extend Pullback Amid Ongoing Tariff Concerns
The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a sharply lower open on Monday, with stocks likely to extend the significant pullback seen over the past few sessions. The downward momentum on Wall Street comes amid ongoing concerns about the impact of President Donald Trump’s reciprocal tariffs…
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Gold Continues To Rise Past $3,120, Hitting All-Time Peak
Gold prices (PM:XAUUSD) have soared above $3,120 per ounce on Monday morning, fuelled by concerns about the potential economic fallout of U.S. President Trump’s tariff war together with geopolitical worries. A fresh wave of investments into the safe-haven of the gold market has boosted the price . The spot gold price hit its all-time high…
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Troubling Economic Data Leads To Sell-Off On Wall Street
Extending the pullback seen over the two previous sessions, stocks moved sharply lower during trading on Friday. The major averages came under pressure early in the session and saw further downside as the day progressed. The tech-heavy Nasdaq posted a particularly steep loss, plunging 481.04 points or 2.7 percent to a six-month closing low of…
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Dow Jones, S&P, Nasdaq, Inflation Data May Weigh 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 Friday, with stocks likely to extend the pullback seen over the two previous sessions. The futures came under pressure following the release of the Federal Reserve’s preferred readings on consumer price inflation. While the Commerce…
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U.S. Stocks Fluctuate Before Closing Mostly Lower
After recovering from an initial move to the downside, stocks showed a lack of direction over the course of the trading session on Thursday. The major averages bounced back and forth across the unchanged line before eventually closing lower. With the lower close on the day, the major averages extended the sharp pullback seen on…
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Dow Jones, S&P, Nasdaq, U.S. Stocks May Lack Direction Following Yesterday’s Pullback
The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a roughly flat open on Thursday, with stocks likely to show a lack of direction following the sharp pullback seen in the previous session. While President Donald Trump’s announcement that he will impose 25 percent tariffs on auto imports…
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U.S. Stocks Move Sharply Lower Amid Tech Sector Weakness
Stocks moved sharply lower over the course of the trading day on Wednesday, giving back ground after trending higher over the past few sessions. The tech-heavy Nasdaq led the pullback amid significant weakness in the technology sector. The major averages climbed off their worst levels going into the close but remained negative. The Nasdaq plunged…
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Dow Jones, S&P, Nasdaq, Ongoing Tariff Uncertainty May Lead To Choppy Trading On Wall Street
The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a roughly flat open on Wednesday, with stocks likely to show a lack of direction after trending higher over the past few sessions. Lingering uncertainty about President Donald Trump’s tariff plans may key some traders on the sidelines ahead…
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U.S. Stocks Finish Choppy Trading Day Modestly Higher
Following the rally seen in the previous session, stocks showed a lack of direction over the course of the trading day on Tuesday. The major averages bounced back and forth across the unchanged line before eventually closing in positive territory for the third straight day. The Nasdaq climbed 83.26 points or 0.5 percent to 18,271.86,…
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Dow Jones, S&P, Nasdaq, Futures Pointing To Continued Strength On Wall Street
The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a higher open on Tuesday, with stocks likely to add to the strong gains posted in the previous session. The markets may continue to benefit from optimism President Donald Trump plans to take a more narrow approach to new…