Category: Market Summary
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Dow Jones, S&P, Nasdaq, Tamer-Than-Expected Inflation Data May Spark Early Rally On Wall Street
The major U.S. index futures for the Dow Jones, S&P and Nasdaq are currently pointing to a sharply higher open on Wednesday, with stocks likely to move to the upside after ending the previous session off their worst levels but still mostly lower. The futures advanced following the release of a closely watched Labor Department…
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U.S. Stocks Come Off Day’s Lows, But Still Close On Weak Note
U.S. stocks closed on a negative note on Tuesday after a highly volatile session, and the major averages all closed in the red despite a good recovery past mid afternoon. Worries about global economic outlook, and fears of a possible recession in the U.S., due to the trade war, hurt investor sentiment. The Dow settled…
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Dow Jones, S&P, Nasdaq, Futures Pointing To Initial Rebound On Wall Street
The major U.S. index futures for the Dow Jones, S&P and Nasdaq are currently pointing to a modestly higher open on Tuesday, with stocks likely to regain ground following the sell-off seen in the previous session. Traders may look to pick up stocks at reduced levels following the steep drop seen on Monday, which extended…
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U.S. Stocks Close Sharply Lower On Growth Worries; Nasdaq Tumbles 4 Percent
U.S. stocks tumbled on Monday and the major averages all closed sharply lower, with the tech-laden Nasdaq recording a more pronounced losses. Uncertainty about President Donald Trump’s tariff moves, fears of a recession in the world’s largest economy, and weak global growth outlook weighed on investor sentiment. In a Fox News interview on Sunday, U.S.…
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Recession Worries May Lead To Initial Sell-Off On Wall Street
The major U.S. index futures are currently pointing to a sharply lower open on Monday, with stocks likely to move back to the downside after ending last Friday’s highly volatile session mostly higher. Concerns about the impact of President Donald Trump’s tariff policies may continue to weigh on Wall Street amid increasing worries the U.S.…
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U.S. Stocks Finish Volatile Session Mostly Higher But Post Steep Weekly Losses
Stocks saw significant volatility over the course of the trading session on Friday, as the major averages swung back and forth across the unchanged line before eventually closing firmly positive. The major averages came under pressure after initially showing a lack of direction, with the Nasdaq and the S&P 500 hitting five-month intraday lows before…
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U.S. Stocks May Regain Ground Following Monthly Jobs Data
The major U.S. index futures are currently pointing to a higher open on Friday, with stocks likely to regain ground following the sell-off seen in the previous session. The futures advanced following the release of a closely watched Labor Department report showing employment in the U.S. increased by slightly less than expected in the month…
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Tariff Uncertainty Contributes To Sell-Off On Wall Street
After recovering from early weakness to end the previous session sharply higher, stocks showed a substantial move back to the downside during trading on Thursday. With the steep drops on the day, the Nasdaq and the S&P 500 tumbled to five and four-month closing lows, respectively. The major averages moved roughly sideways going into the…
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Lingering Tariff Concerns May Spark Initial Pullback On Wall Street
The major U.S. index futures are currently pointing to a notably lower open on Thursday, with stocks likely to move back to the downside after recovering from early weakness to end the previous session sharply higher. Ongoing concerns about the economic impact of President Donald Trump’s new tariffs on Canada, Mexico and China may lead…
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U.S. Stocks Recover From Early Weakness To Close Sharply Higher
Stocks showed a significant turnaround over the course of the trading session on Wednesday, recovering from early weakness to end the day sharply higher. With the rebound, the major averages regained some ground after moving substantially lower over the past several sessions. The major averages pulled back off their best levels going into the close…