Category: Market Summary
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Futures Pointing To Roughly Flat Open On Wall Street
The major U.S. index futures are currently pointing to a roughly flat open on Monday, with stocks likely to show a lack of direction after snapping a nine-week winning streak last week. Traders may be reluctant to make significant moves ahead of the release of key U.S. inflation data in the coming days. The Labor…
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Boeing Drags Down Dow Futures
Stock futures indicated a cautious session on Monday after a plunge in Boeing shares and amid uncertainty over Federal Reserve policy. Boeing fell more than 8% premarket after the Federal Aviation Administration ordered the temporary grounding of 171 Boeing 737 MAX 9 planes after a MAX 9 operated by Alaska Airlines lost a section of…
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US Futures Mixed, European Stocks Mostly Down
U.S. futures for the S&P 500 were flat and futures for the Dow Jones Industrial Average declined 0.3%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 fell 0.2% in morning trading. Temenos rose 4.4% and Elia Group added 4.3%. On the other hand, alstria office…
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U.S. Stocks Close Slightly Higher Following Volatile Session
After trending lower during the past several sessions, stocks saw considerable volatility over the course of the trading day on Friday. The major averages swung back and forth across the unchanged line before eventually closing slightly higher. The tech-heavy Nasdaq inched up 13.77 points or 0.1 percent to 14,524.07, snapping a five-session losing streak. The…
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Wall Street Highlights: Google Rejects Union Negotiations, Exxon Mobil Announces $2.5 Billion Accounting Write-Down in California
U.S. index futures are registering a decline in pre-market trading this Friday, anticipating a crucial report on the job market as Wall Street seeks to overcome a lukewarm start to January. The three major indices are set to end nine consecutive weeks of gains, with the Nasdaq facing the biggest weekly drop, down 3.3%. At…
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US Futures, European Stocks Down as Markets Await Key Economic Data
U.S. futures for the S&P 500 were down 0.1% and futures for the Dow Jones Industrial Average decreased 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 fell 0.5% in morning trading. Millicom Intl Cellular climbed 4.2% and Auto1 Group added 2.1%. On the other…
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U.S. Stocks Finish Lackluster Session Mostly Lower
Stocks turned in a lackluster performance throughout much of the trading session on Thursday before eventually ending the day mostly lower. The Nasdaq and the S&P 500 finished the session in negative territory, although the narrower Dow closed slightly higher. The major averages moved to the downside going into the close, with the Nasdaq and…
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Meta CEO Sells $428 Million in Shares Since November, AMC Hits New Record Low, and More
U.S. index futures are showing a slight uptick in pre-market trading this Thursday, following four consecutive days of decline in the Nasdaq Composite. At 04:02 AM, Dow Jones futures (DOWI:DJI) rose 42 points, or 0.11%. S&P 500 futures rose 0.08%, and Nasdaq-100 futures rose 0.09%. The yield on 10-year Treasury bonds stood at 3.931%. In…
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US Futures, European Stocks Rise
U.S. futures for the S&P 500 were up 0.2% and futures for the Dow Jones Industrial Average rose 0.2%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 climbed 0.4% in morning trading. Next added 5.2% and Rational added 3.5%. On the other hand, Evotec sunk…
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U.S. Stocks See Further Downside As Fed Minutes Highlight Uncertainty
After kicking off the new year on a downbeat note, stocks saw further downside over the course of the trading session on Wednesday. The major averages all fell on the day, with the tech-heavy Nasdaq closing lower for the fourth consecutive session. The major averages dropped to new lows for the session going into the…