Category: Market Summary
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U.S. Stocks Pull Back Sharply After Israeli Airstrikes Against Iran
After moving modestly higher over the course of the previous session, stocks pulled back sharply during trading on Friday. The major averages all moved significantly lower, with the Dow and the S&P 500 pulling back well off yesterday’s three-month closing highs. The major averages staged a recovery attempt in late morning trading after an early…
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U.S. Stocks Recover From Early Weakness To Close Modestly High
Stocks recovered from an early move to the downside to move modestly higher over the course of the trading session on Thursday. With the turnaround, the major averages largely offset the pullback seen during Wednesday’s session, with the Dow and the S&P 500 rebounding to three-month closing highs. The S&P 500 (SPI:SP500) ended the day…
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Dow Jones, S&P, Nasdaq, Trade Uncertainty, Geopolitical Concerns May Weigh On Wall Street
The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a lower open on Thursday, with stocks likely to see further downside following the pullback seen over the course of the previous session. Lingering uncertainty about trade may weigh on Wall Street amid a lack of details about the…
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U.S. Stocks Give Back Ground After Early Move To The Upside
After moving to the upside early in the session, stocks gave back ground over the course of the trading day on Wednesday. The major averages pulled back well off their early highs and the session in negative territory. The tech-heavy Nasdaq fell 99.11 points or 0.5 percent to 19,615.88, the S&P 500 (SPI:SP500) dipped 16.57…
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U.S. Markets Set to Open Higher on Cooling Inflation and Trade Optimism
U.S. stock index futures point to a higher open on Wednesday, building on gains from the previous session, following encouraging inflation data and renewed optimism surrounding U.S.-China trade negotiations. Inflation Data Comes In Softer Than Expected Futures advanced after the Labor Department reported that consumer prices rose slightly less than anticipated in May. The Consumer…
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U.S. Stocks Climb On Trade Talk Optimism
U.S. stocks moved modestly to the upside on Tuesday as traders await the outcome of the ongoing trade talks between China and the U.S. in London. Trade negotiations between the world’s two largest economies commenced on Monday – and while U.S. Commerce Secretary Howard Lutnick told reporters the talks are “going well,” there has been…
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U.S. Futures Point to Flat Open Amid Cautious Trading
Major U.S. stock index futures suggest a flat opening on Tuesday, with markets likely to remain volatile following a mixed performance in the previous session. Investors appear hesitant to make bold moves as they await developments from ongoing U.S.-China trade talks. U.S. Commerce Secretary Howard Lutnick expressed optimism, stating that the negotiations are “going well”…
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Major Averages Finish Choppy Trading Day Narrowly Mixed
Following the strong upward move seen during last Friday’s session, stocks turned in a relatively lackluster performance during trading on Monday. Despite the choppy trading, the tech-heavy Nasdaq reached a new three-month closing high. The major averages ended the day narrowly mixed. While the Dow edged down 1.11 points or less than a tenth of…
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US Stocks Drift and Chinese Markets Rise as Trade Talks Begin
As U.S. stocks remain flat, trade talks begin in London between the U.S. and China, raising hopes for reduced tariffs. The S&P 500 shows a minimal decrease while investors look for news that might impact the market. Notable corporate movements include a significant rise in Warner Bros. Discovery’s shares and IonQ’s acquisition of Oxford Ionics,…
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Markets Brace for U.S.-China Trade Talks and Apple’s WWDC Keynote
Global markets opened the week with a cautious tone, as traders looked toward renewed U.S.-China trade discussions in London and Apple’s (NASDAQ:AAPL) annual Worldwide Developers Conference (WWDC). Investors hope these developments will shed light on easing trade tensions and unveiling technological innovations. Meanwhile, Chinese export data pointed to slowing growth, adding further uncertainty to the…