Category: Market Summary

Following the mixed performance seen in the previous session, stocks moved sharply higher over the course of the trading day on Thursday. The Nasdaq and S&P 500 once again reached their best closing levels in over a year, while the Dow set to a six-month closing high. The major averages pulled back off their highs…

Market Wraps Watch For: Weekly Jobless Claims; Retail Sales for May; Industrial Production & Capacity Utilization for May; Canada Housing Starts for May Today’s Top Headlines/Must Reads: – After Surging Early in the Year, Retail Spending Could Be Cooling – Beijing Must Act to Avoid an ‘L-Shaped’ Future – Saudi Arabia Sought to Push Oil…

In the U.S., futures for the S&P 500 were down 0.1% and futures for the Dow Jones Industrial Average decreased 0.2% Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 fell 0.3% in morning trading. Orpea added 11.3% and H&M Hennes & Mauritz B rose 5.3%.…

Stocks saw substantial volatility following the Federal Reserve’s monetary policy announcement on Wednesday. The major averages showed wild swings back and forth across the unchanged line before eventually closing mixed. The Nasdaq climbed 53.16 points or 0.4 percent to13,626.48 and the S&P 500 inched up 3.58 points or 0.1 percent to 4,372.59, once again reaching…

Market Wraps Watch For: PPI for May; Fed interest-rate decision, economic projection; EIA Weekly Petroleum Status Report; Lennar earnings Today’s Headlines/Must Reads – Stock Market to Fed: You Haven’t Done Enough – American Investment Banks Are Giving Up Some China IPO Mandates – Oil Demand to Peak This Decade as EVs Boom, IEA Says –…

In the U.S. futures for the S&P 500 were up 0.1% and futures for the Dow Jones Industrial Average declined 0.1% Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 gained 0.1% in morning trading. Etablissementen Franz Col added 9% and DocMorris rose 6.9%. On the…

Stocks moved mostly higher during trading on Tuesday, extending the upward move seen over the course of Monday’s session. With the continued advance, the Nasdaq and the S&P 500 once again reached their best closing levels in over a year, while the Dow set a four-month closing high. The major averages finished the day off…