Category: Market Summary
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Banking Stocks Tumble as U.S. Credit Concerns Rattle Global Markets
Global financial stocks fell sharply on Friday after renewed concerns about U.S. credit quality triggered a selloff in regional banks, unsettling investors and reigniting fears over lending standards. The sector’s exposure to two recent U.S. auto-related bankruptcies has raised fresh questions about credit risk, echoing the uncertainty that followed Silicon Valley Bank’s collapse more than…
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U.S. Stocks Come Under Pressure Amid Concerns About Bad Loans
Stocks showed a strong move to the upside early in the session on Thursday but came under pressure over the course of the trading day. The major averages pulled back well off their highs of the session and into negative territory. The major averages climbed off their worst levels going into the end of the…
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Dow Jones, S&P, Nasdaq, Futures, Wall Street Set for Higher Open as AI Momentum Lifts Market
U.S. equity futures pointed to early gains on Thursday, signaling a positive start on Wall Street following Wednesday’s volatile but largely constructive session. Investor sentiment is being boosted by strength in the artificial intelligence space. Taiwan Semiconductor (NYSE:TSM) jumped 2.3% in pre-market trading after delivering third-quarter earnings that topped expectations, fueled by accelerating demand for…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, TSMC Shatters Profit Records, Oracle Gears Up for Analyst Event, Gold Extends Rally
U.S. stock futures ticked higher early Thursday as investors assessed stellar earnings from Taiwan Semiconductor Manufacturing Company (NYSE:TSM), upcoming updates from Oracle Corporation (NYSE:ORCL), and a fresh surge in gold prices to record levels. Renewed U.S.-China tensions also hovered in the background, adding to market caution. Wall Street Futures Inch Up At 02:51 ET, Dow…
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Nasdaq, S&P 500 Close Higher After Another Volatile Session
Stocks showed wild swings over the course of the trading day on Wednesday, extending the substantial volatility seen during the previous session. The major averages spent the day bouncing back and forth across the unchanged line. While the Nasdaq and the S&P 500 (SPI:SP500) ended the day firmly in positive territory, the narrower Dow posted…
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Dow Jones, S&P, Nasdaq, Futures, Wall Street Poised for Higher Open on Strong Bank Earnings
U.S. stock index futures were pointing to early gains on Wednesday, with major averages expected to move higher as investors responded positively to strong quarterly results from top financial institutions. A better-than-expected earnings season kickoff from Bank of America (NYSE:BAC) and Morgan Stanley (NYSE:MS) appeared to set the tone for a firmer open. Shares of…
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Dow Jones, S&P, Nasdaq, Wall Street, Futures Inch Higher as Earnings Ramp Up, ASML Outlook Cools Sentiment, Beige Book in Focus
U.S. stock futures edged up Wednesday as investors positioned for a busy day of corporate earnings releases and awaited the Federal Reserve’s Beige Book for fresh clues on the economic outlook amid the ongoing government shutdown. A cautious sales outlook from ASML Holding (EU:ASML), including a warning about a “significant” drop in Chinese demand, added…
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U.S. Stocks Close Mixed Following Volatile Trading Session
Following the notable rebound seen in the previous session, stocks saw substantial volatility over the course of the trading day on Tuesday. The major averages recovered from a significant early pullback only to once again come under pressure late in the session. The major averages eventually ended the session mixed. While the Dow climbed 202.88…
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Dow Jones, S&P, Nasdaq, Futures, Renewed Trade Tensions Poised to Pressure Wall Street at the Open
U.S. stock futures point to a sharply lower open on Tuesday, signaling that equities may retreat after Monday’s strong rebound as rising trade tensions between Washington and Beijing resurface. The cautious mood follows Monday’s rally, which was fueled in part by President Donald Trump’s softer tone on China. Addressing China’s expanded export controls on rare…
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Dow Jones, S&P, Nasdaq, Wall Street, U.S. Futures Dip Ahead of Major Bank Earnings, Powell Remarks, and Record Gold Rally
U.S. stock index futures edged lower on Tuesday as investors awaited a heavy slate of earnings from major Wall Street banks and a closely watched speech from Federal Reserve Chair Jerome Powell. The cautious tone comes amid rising U.S.–China trade tensions, fresh gains in gold prices, and a pullback in oil. Futures Weaken as Risk…