Category: Market Summary
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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…
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US Futures Flat, European Stocks Mixed As Markets Set to Track Corporate Earnings, US Data
In the U.S. futures for the S&P 500 were flat and futures for the Dow Jones Industrial Average flat. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 was flat in morning trading. argenx climbed 31% and Dometic Group rose 11.3%. On the other hand, Tele2…
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U.S. Stocks Move Mostly Higher, Extending Upward Trend
Following the strong upward move seen last week, stocks saw some further upside during trading on Monday. With the continued advance, the Nasdaq and the S&P 500 once again reached their best closing levels in over a year. The major averages pulled back off their best levels going into the close but remained in positive…
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Monday’s Wall Street Highlights: Microsoft, Santander, Tesla, Chewy, and more
US Index Futures and European markets were lower on Monday morning after weaker data from China added to pressure for stimulus on the Asian giant. By 6:57 AM, Dow Jones (DOWI:DJI) futures were down 70 points, or -0.20%. S&P 500 futures were down -0.12%, while Nasdaq-100 futures were down -0.02%. The 10-year Treasury yield is at 3.781%. In…
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North American Morning Briefing: Disappointing China Data Dents Sentiment
Market Wraps Watch For: Canada Wholesale Trade for May Today’s Top Headlines/Must Reads: – Markets Appear Convinced the Fed Can Pull Off a Soft Landing – Economists Are Cutting Back Their Recession Expectations – Venture Firms Scale Back Megafunds in Strategy Shift – China PBOC Adds Liquidity at Unchanged Policy Rates Opening Call: Stock futures…
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US Futures Flat, European Stocks Fall After Weak China Data
In the U.S. futures for the S&P 500 were flat 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 declined 0.4% in morning trading. MorphoSys added 4.5% and Bank of Ireland Group climbed 1.8%. On the…
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U.S. Stocks Close Narrowly Mixed Following Recent Rally
Stocks extended their recent rally in early trading on Friday but gave back ground over the course of the session. The major averages pulled back off their highs of the session, with the Nasdaq and the S&P 500 dipping into negative territory. The major averages eventually ended the session narrowly mixed. While the Dow rose…
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Friday’s Wall Street Highlights: JPMorgan Chase, Coinbase, UPS, Theseus Pharmaceuticals, and more
US Index Futures are mixed in premarket trading on Friday, with some correction from recent gains as investors await the start of earnings season in the United States. By 6:47 AM, Dow Jones futures (DOWI:DJI) rose 109 points, or 0.32%. S&P 500 futures were up 0.04%, while Nasdaq-100 futures fell -0.09%. The 10-year Treasury yield is at…