Category: Market Summary
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U.S. Stocks Finish Abbreviated Trading Session Modestly Higher
Following the strong upward move seen last week, stocks turned in a relatively lackluster performance during trading on Monday. The major averages spent the day bouncing back and forth across the unchanged line before closing modestly higher. The Nasdaq rose 28.85 points or 0.2 percent to 13,816.77, the S&P 500 (SPI:SP500) inched up 5.21 points…
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Trading Activity Likely To Be Subdued Ahead Of Holiday
US Market 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 following the rally seen last week. Traders may be reluctant to make significant moves amid uncertainty about the near-term outlook for the markets after last week’s strong gains lifted…
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North American Morning Briefing: Tesla Bounce Gives Nasdaq a Boost
Market Wraps Watch For: ISM Report on Business Manufacturing PMI for June; Construction Spending for May; Canadian markets closed for Canada Day holiday Today’s Top Headlines/Must Reads: – U.S., China Start Talking Again, With Global Economic Order at Stake – China Factory Activity Gauge Fell Slightly in June – Investors Spurn Dividend-Paying Stocks as AI…
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US Futures Flat, European Stocks Rise as Economic Outlook Concerns Ease
In the U.S. futures for the S&P 500 were flat and futures for the Dow Jones Industrial Average were flat. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 climbed 0.3% in morning trading. Assicurazioni Generali rose 4.6% and Just Eat Takeaway.com rose 3.3%. On the…
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Easing Consumer Price Inflation Data Contributes To Rally On Wall Street
Stocks moved sharply higher during trading on Friday, adding to the gains posted in Thursday’s session. The major averages all moved to the upside on the day, with the tech-heavy Nasdaq leading the advance. The major averages pulled back off their best levels going into the close but held on to strong gains. The Nasdaq…
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Friday’s Wall Street Highlights: Tesla, Nike, ASML, Apple and more
US Index Futures showed gains on Friday, which marks the close of the second quarter. Traders are watching data on personal consumption spending, a leading indicator used by the Federal Reserve to gauge inflation. In addition, a battery of economic data in Europe encouraged investors, showing resilience in activity and inflation on a downward trajectory. By 6:56…
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North American Morning Briefing: Stock Futures Higher as Investors Await Inflation Data
Market Wraps Watch For: Personal Income and Outlays for May; Chicago Business Barometer-ISM-Chicago Business Survey-Chicago PMI for June; University of Michigan Final Consumer Survey for June; Canada GDP for April Today’s Top Headlines/Must Reads: – Consumer Spending Streak Seen Extending Into May – Banks Brace for More Turmoil Heading Into the Third Quarter – New…
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US Futures Mixed, European Stocks Rise as U.S., Eurozone Inflation Data in Focus
In the U.S. futures for the S&P 500 were up 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 gained 0.4% in morning trading. LEG Immobilien rose 6.5% and Kion Group climbed 5.2%. On the…
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U.S. Stocks Finish Lackluster Session Mostly Higher
Following the mixed performance seen in the previous session, stocks once again turned in a relatively lackluster performance throughout much of the trading day on Thursday but managed to close mostly higher. The Dow showed a notable advance, with the blue chip index climbing 269.76 points or 0.8 percent to 34,122.42 amid strong gains by…
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Thursday’s Wall Street Highlights: Apple, BlackBerry, Joby Aviation, Virgin Galactic and More
US Index Futures rose on Thursday, with shares of microchip makers higher in premarket. Other markets operated without direction this morning, Asian stocks closed generally in the red and European stocks registered slight gains, driven by shares of the public utilities, technology and banking sectors. By 07:01 AM, Dow Jones (DOWI:DJI) futures are up 101 points, or…