Category: Market Summary
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U.S. Stocks Extend Upward Move As Treasury Yields See Further Downside
Stocks fluctuated over the course of the trading session on Wednesday but managed to end the day mostly higher. With the upward move, the major averages all closed higher for the fourth consecutive session. The major averages moved to the upside going into the close, ending the session near their best levels of the day.…
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Keep An Eye Out: Pre-Market Movers And Recommendations
Here are some of the biggest premarket U.S. stock movers today: Don’t Trade Without Seeing The Orderbook Pioneer Natural Resources (NYSE:PXD) stock rose 1.9% after oil major Exxon Mobil (NYSE:XOM), down 2.4%, confirmed plans to acquire its rival in an all-stock deal with just under $60 billion, in what would be the most significant corporate…
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Wednesday’s Wall Street Highlights: HP, Walgreens, Fresenius Medical, Silk Road, and More
US index futures are trading higher in Wednesday’s pre-market, reflecting a perceived easing of concerns about interest rates following comments from Federal Reserve members the previous day, as well as substantial stimulus measures announced by China. Investors are keeping an eye on the release of the Federal Open Market Committee minutes and developments in the…
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North American Morning Briefing: Stock Futures Stall Ahead of Fed Minutes
Market Wraps Watch For: PPI for September; FOMC Meeting Minutes; Canada Building Permits for August Today’s Top Headlines/Must Reads: – Profits Are Making a Comeback – Muni Funds That Use Borrowed Money Take a Big Hit – Israeli Cyber Companies Rally as Digital, Physical Assaults Continue Opening Call: Bond yields fell further on Wednesday, but…
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US Futures Flat, European Stocks Fall
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 don’t necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 declined 0.1% in morning trading. THG added 5.9% and Novo Nordisk Series B climbed 4.1%. On the other hand,…
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U.S. Stocks Close On Firm Note As Treasury Yields Drop
After opening on a slightly subdued note, U.S. stocks climbed higher and held firm right through the day’s session on Tuesday to eventually close with solid gains. Despite concerns about the ongoing war in the Middle East, the mood in the market remained positive as dovish comments from Federal Reserve officials lowered expectations for further…
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Tuesday’s Wall Street Highlights: GM, Unity, Northrop Grumman, ParaZero, PepsiCo, and More
US index futures advanced in pre-market trading on Tuesday, extending the positive momentum from the previous day. This came in response to optimistic comments about interest rates in the U.S., contributing to improved investor sentiment. At 06:53 AM, Dow Jones (DOWI:DJI) futures rose by 79 points, or 0.23%. S&P 500 futures increased by 0.22%, and…
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North American Morning Briefing: Treasury Yields Dive as Rate-Rise Fears Ease
Market Wraps Watch For: NFIB Index of Small Business Optimism for September; Wholesale Trade for August; Fedspeak from Neel Kashkari, Mary Daly, Christopher Waller; Earnings from PepsiCo Today’s Top Headlines/Must Reads: – Bond Yields Fall After Attack on Israel – Oil Prices Fall Back. Supply Fears Remain Amid Israel-Hamas War. – China’s Country Garden Succumbs…
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US Futures, European Stocks Rise
U.S. futures for the S&P 500 were up 0.1% and futures for the Dow Jones Industrial Average climbed 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 gained 1% in morning trading. Rheinmetall added 7.1% and Samhaellsbyggnadsbolaget rose 5.3%. On the other hand, Softcat lost…
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U.S. Stocks Recover After Weak Start, Close On Firm Note
After staying weak till about an hour past noon, U.S. stocks recovered and climbed higher on Monday and eventually ended the day’s session on a fairly firm note. Rising geopolitical crisis in the Middle East hurt sentiment and set up a weak start for the market, and stocks mostly struggled till noon. However, the mood…