Category: Market Summary
-
Nasdaq, S&P 500 Reach Best Closing Levels In Over A Year
Stocks moved mostly higher during trading on Monday, adding to the modest gains posted last week. With the upward move on the day, the Nasdaq and the S&P 500 reached their best closing levels in over a year. The major averages finished the day just off their highs of the session. The Nasdaq surged 202.78…
-
Monday’s Wall Street Highlights: UBS, Illumina, Oracle, Salesforce, Chinook and more
US Index Futures advanced in premarket trading on Monday. The FOMC announces its decision on Wednesday and derivatives this Monday point to a 75.9% chance that the interest rate will be maintained between 5% and 5.25% in the US, while the high bet of 0.25 percentage point is at 24.1%, according to the Chicago Mercantile Exchange’s…
-
North American Morning Briefing: Rate Decisions, Inflation Data Headline a Busy Week
Market Wraps Watch For: No major data scheduled; Oracle earnings Today’s Headlines/Must Reads – Jerome Powell’s Big Problem Just Got Even More Complicated – Wall Street Firms Up Bets on U.S. Consumers – U.S. to Allow South Korean, Taiwan Chip Makers to Keep Operations in China – A Bellwether Climate Case in Montana Seeks to…
-
US Futures Up, European Stocks Gain as Investors Await Rate Decisions
In the U.S. futures for the S&P 500 were up 0.2% 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 0.4% in morning trading. Ocado Group rose 5.6% and CD Projekt added 4.9%. On the…
-
U.S. Stocks Close Slightly Higher As Fed Meeting Looms
Stocks fluctuated over the course of the trading session on Friday before eventually ending the day modestly higher. With the uptick on the day, the S&P 500 reached its best closing level since mid-August. The major averages swung back and forth before closing slightly above the unchanged line. The Nasdaq rose 20.62 points or 0.2…
-
US Futures Down, European Stocks Mostly Flat as Investors Look to Next Week’s Central Bank Rate Decisions
In the U.S. futures for the S&P 500 were down 0.3% 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 was flat in morning trading. Auto1 Group climbed 4.9% and Uniper rose 3%. On the other…
-
Nasdaq Shows Significant Rebound, S&P 500 Reaches Nine-Month Closing High
Stocks moved mostly higher during trading on Thursday, with the tech-heavy Nasdaq showing a significant rebound following the sharp pullback seen on Wednesday. With the upward move, the S&P 500 reached its best closing level in well over nine months. The major averages ended the day just off their highs of the session. The Nasdaq…
-
North American Morning Briefing: Nasdaq Futures Slip as Rate Rise Fears Weigh
Market Wraps Watch For: Weekly Jobless Claims; Wholesale Inventories for April Today’s Headlines/Must Reads – Forget the Naysayers. Why the Market Can Keep Climbing – Inflation Drags Eurozone Economy Into Recession – It Is Time to Admit It: Bank Regulation Doesn’t Quite Work – SEC’s Gensler Had Crypto in His Sights for Years Opening Call:…
-
US Futures Fall, European Stocks Mixed
In the U.S. futures for the S&P 500 were down 0.1% and futures for the Dow Jones Industrial Average fell 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 dropped 0.1% in morning trading. Oersted rose 5.8% and Evotec climbed 5.4%. On the other hand,…
-
Nasdaq Pulls Back Sharply But Dow Posts Modest Gain
Following the lackluster performance to start the week, the major U.S. stock indexes moved in opposite directions during trading on Wednesday. While the tech-heavy Nasdaq moved sharply lower, the Dow posted a modest gain. The Nasdaq tumbled 171.52 points or 1.3 percent to 13,104.90 after ending Tuesday’s trading at its best closing level in well…