Category: Market Summary
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U.S. Stocks Finish Lackluster Session Mostly Higher
Stocks turned in a relatively lackluster performance for much of the trading session on Monday but managed to end the day mostly higher. The tech-heavy Nasdaq reached its best closing level in well over eight months, while the Dow snapped a five-session losing streak. The major averages all finished the day in positive territory. The…
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Monday’s Wall Street Highlights: Amazon, Oneok, Vice Media, Athenex and more
US Index Futures rebounded on Monday after the Dow Jones and S&P 500 posted second straight weekly losses. Investors are adopting a more optimistic tone as talks progress among US policymakers on a solution to the debt ceiling impasse. By 7:54 AM, Dow Jones futures were up 121 points, or 0.36%. S&P 500 futures were up 0.34%,…
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US Futures, European Stocks Rise
In the U.S., futures for the S&P 500 were up 0.3% and futures for the Dow Jones Industrial Average climbed 0.3%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 gained 0.4% in morning trading. Evotec added 3.7% and Valeo rose 3.5%. On the other hand,…
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U.S. Stocks Stage Late-Day Recovery Attempt But Close Modestly Lower
Following the downturn seen in morning trading on Friday, stocks showed a notable recovery attempt in the latter part of the session. The major averages climbed well off their worst levels of the day but still closed in the red. The tech-heavy Nasdaq fell 43.76 points or 0.4 percent to 12,284.74 and the S&P 500…
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Wall Street Highlights on Friday: Import Prices, First Solar, Tesla, Meta and more
The US Index Futures operate with high, after four consecutive falls of the Dow Jones and S&P 500, when fears of recession returned to the investors’ radar. Market players fear that weaker inflation figures, along with rising jobless claims, the banking crisis and the US debt impasse could lead to an economic slowdown in the world’s…
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North American Morning Briefing: Hopes of Easing US-China Tensions to Lift Mood
Market Wraps Watch For: Import Prices for April; World Agricultural Supply & Demand Estimates; Canada New Motor Vehicle Sales for March Today’s Headlines/Must Reads – Decline in PacWest Stock Indicates Bank Fears Persist – White House Debt-Ceiling Meeting Postponed – U.S., China Senior Officials Meet in Tentative Effort to Restart Ties – Stop Equating Latest…
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US Futures, European Stocks Rise
In the U.S., futures for the S&P 500 were up 0.2% and futures for the Dow Jones Industrial Average climbed 0.2%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 grew 0.4% in morning trading. Scor SE added 7.4% and Richemont rose 4.9%. On the other…
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Nasdaq Reaches Eight-Month Closing High But Dow Extends Losing Streak
Stocks came under pressure in early trading on Thursday but regained ground over the course of the session. The major averages climbed well off their worst levels of the day, with the tech-heavy Nasdaq reaching positive territory. The Nasdaq rose 22.06 points or 0.2 percent to 12,328.51, its best closing level in over eight months.…
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Thursday’s Wall Street Highlights: PPI, Disney, Robinhood, Unity Software, Shell and more
US Index Futures were mixed with investors saying the Federal Reserve is likely to halt interest rate hikes due to inflation data cooling, as investors look further into economic data, the Producer Price Index and Initial jobless claims. By 8:40 AM, Dow Jones futures were down 110 points, or 0.33%. S&P 500 futures were down 0.05%,…
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Futures Pointing To Mixed Open On Wall Street
US Market The major U.S. index futures are currently pointing to mixed open on Thursday, with the Dow futures down by 0.3 percent but the Nasdaq 100 futures up by 0.3 percent. A notable decline by shares of Disney (DIS) may weigh on the Dow, as the entertainment giant is tumbling by 5.8 percent in…