Category: Market Summary
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Jobs Data, Apple Earnings May Lead To Extended Rally On Wall Street
The major U.S. index futures are currently pointing to a sharply higher open on Friday, with stocks likely to extend the rally seen over the course of the previous session. The futures surged to new highs following the release of a closely watched Labor Department showing employment in the U.S. increased by much less than…
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U.S. Stocks Rally Amid Easing Worries About Possible Rate Hike
Stocks fluctuated early in the session on Thursday before moving sharply higher over the course of the trading day. The major averages all showed strong moves to the upside after ending Wednesday’s trading narrowly mixed. The major averages pulled back off their best levels going into the close but remained firmly positive. The Dow jumped…
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Easing Worries About Possible Rate Hike May Generate Buying Interest
The major U.S. index futures are currently pointing to a notably higher open on Thursday, with stocks likely to move to the upside as traders continue to digest yesterday’s Federal Reserve announcement. The upward momentum on Wall Street comes amid easing concerns the Fed’s next monetary policy move could actually be an interest rate hike…
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U.S. Stocks Close Mixed Following Post-Fed Volatility
After turning in a lackluster performance for much of the session, stocks saw substantial volatility following the Federal Reserve’s monetary policy announcement Wednesday afternoon. The major averages initially surged in reaction to the Fed announcement but pulled back going into the close. The major averages eventually finished the day mixed. While the Dow rose 87.37…
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Interest Rate Concerns May Continue To Weigh On Wall Street
The major U.S. index futures are currently pointing to a lower open on Wednesday, with stocks likely to see further downside following the sell-off seen over the course of the previous session. Concerns about the outlook for interest rates may continue to weigh on the markets ahead of the Federal Reserve’s monetary policy announcement this…
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U.S. Stocks Move Mostly Lower Ahead Of Fed Announcement
Stocks have moved mostly lower over the course of the trading day on Tuesday, with the major averages all moving to the downside after ending the previous session modestly higher. In recent trading, the major averages have fallen to new lows for the session. The Dow (DOWI:DJI) is down 303.53 points or 0.8 percent at…
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U.S. Index Futures Point to Mild Decline Ahead of Key Earnings and Fed Rate Decision
U.S. index futures indicate a slightly lower opening for Tuesday’s trading as Wall Street positions itself for a series of significant earnings releases from large-cap companies. This movement comes in a crucial week marked by the Federal Reserve’s deliberations on interest rates, an event closely watched by investors. As of 7:06 AM, the Dow Jones…
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U.S. Stocks Finish Quiet Day Modestly Higher
Following the strong upward move seen last week, stocks managed to see further upside during trading on Monday. The major averages fluctuated over the course of the session but ended the day in positive territory. The Dow rose 146.43 points or 0.4 percent to 38389.09, the Nasdaq climbed 55.18 points or 0.4 percent to 15983.08…
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U.S. Futures Rise in Pre-Market Trading Amid Key Federal Reserve Meeting and Earnings Week Ahead
U.S. index futures point to gains in pre-market trading on Monday, reflecting optimism after strong performances by the S&P 500 and Nasdaq Composite, which recorded their best week of gains since early November. Traders are focused on a week filled with corporate earnings releases and labor data, as well as the highly anticipated Federal Reserve…
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U.S. Stocks Rally On Upbeat Tech Earnings
Stocks moved sharply higher during trading on Friday, largely offsetting the weakness seen during Thursday’s session. The major averages all moved to the upside on the day, with the tech-heavy Nasdaq leading the charge. The major averages pulled back off their best levels late in the day but remained firmly positive. The Nasdaq surged 316.14…