Category: Market Summary
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Dow Extends Winning Streak But Nasdaq Pulls Back Sharply
After generally moving higher over the past several sessions, the major U.S. stock indexes turned in a starkly mixed performance during trading on Thursday. While the Dow closed higher for the ninth straight session, reaching its best closing level in over a year, the tech-heavy Nasdaq pulled back sharply following recent strength. The Dow ended…
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Thursday’s Wall Street Highlights: Tesla, Apple, TSMC, Netflix, Pfizer, J&J, and more
US Index Futures operate without a defined direction, as investors digest mixed earnings from last night and await more numbers. By 07:01 AM, Dow Jones futures (DOWI:DJI) were up 41 points, or 0.12%. S&P 500 futures were down -0.11%, while Nasdaq-100 futures were down -0.65%. The 10-year Treasury yield is at 3.789%. In Europe, the producer price…
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US Futures, European Stocks Mixed as Earnings in Focus Ahead of Fed Decision Next Week
In the U.S. futures for the S&P 500 were down 0.2% and futures for the Dow Jones Industrial Average were flat. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 declined 0.2% in morning trading. Hikma Pharmaceuticals rose 7.1% and IG Group Holdings climbed 4.8%. On…
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U.S. Stocks Once Again Reach Best Levels In Over A Year
Stocks fluctuated after an early move to the upside but largely managed to maintain a positive bias throughout the trading day on Wednesday. The major averages once again climbed to their highest closing levels in over a year. The major averages all closed in positive territory, although the tech-heavy Nasdaq inched up just 4.38 points…
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Wednesday’s Wall Street Highlights: ASML, Carvana, Microsoft, Meta Platforms and More
US Index Futures rose slightly premarket on Wednesday on anticipation of corporate earnings, a day after the Dow Jones hit its longest streak of gains since 2021. By 6:52 AM, Dow Jones (DOWI:DJI) futures were up 38 points, or 0.11%. S&P 500 futures were up 0.03%, while Nasdaq-100 futures were up 0.12%. The 10-year Treasury yield is at…
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North American Morning Briefing: Earnings Optimism Continues to Support Stocks
Market Wraps Watch For: Housing Starts for June; EIA Weekly Petroleum Status Report; earnings from Goldman Sachs, IBM, Netflix, Tesla Today’s Headlines/Must Reads – Antitrust Enforcers Issue Blueprint for Challenging More Mergers – Tech Stocks, Meme Stocks, Crypto: Investors Are Feeling Bold Again – U.S. Rate Rises Have Hit the Yen Hard, but Now It’s…
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US Futures, European Stocks Rise
In the U.S. futures for the S&P 500 were up 0.1% and futures for the Dow Jones Industrial Average climbed 0.2%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 gained 0.5% in morning trading. Persimmon PLC added 8.7% and Tritax Big Box REIT rose 8.3%.…
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U.S. Stocks Extend Rally On Upbeat Earnings News
Stocks moved sharply higher over the course of the trading day on Tuesday, extending the strong upward move seen over the past several sessions. With the continued advance, the major averages all reached their best closing levels in over a year. The major averages finished the session just off their highs of the day. The…
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Tuesday’s Wall Street Highlights: Novartis, BofA, Dollar General, Uber, Masimo and more
US Index Futures operate without a defined direction in pre-market on Tuesday, awaiting economic data and corporate earnings, while European markets undergo adjustments and operate higher. By 6:53 AM, Dow Jones (DOWI:DJI) futures were up 2 points, or 0.01%. S&P 500 futures were down -0.07%, while Nasdaq-100 futures were down -0.15%. The 10-year Treasury yield is at 3.76%.…
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North American Morning Briefing: Fresh Batch of Bank Earnings to Dictate Mood
Market Wraps Watch For: Retail Sales for June; Industrial Production & Capacity Utilization for June; Canada Housing Starts for June; Canada CPI for June; Earnings from Morgan Stanley; Bank of America; Charles Schwab; PNC Financial; Bank of New York Mellon; Lockheed Martin Today’s Top Headlines/Must Reads: – Shoppers Likely Spent More Last Month as Inflation…