Category: Market Summary

After trending lower over the past several sessions, stocks showed a substantial move back to the upside during trading on Friday. The major averages all moved sharply higher on the day, with the Dow reaching a new record closing high. The major averages ended the day well off their best levels but still posted strong…

Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a higher open on Friday, with stocks likely to regain ground after trending lower over the past several sessions. Traders may look to pick up stocks at somewhat reduced levels following the recent weakness, which has seen the S&P 500 close lower for five…

U.S. stock futures drifted lower Friday as investors awaited Federal Reserve Chair Jerome Powell’s keynote at the Jackson Hole symposium, the central event of the week. Meanwhile, Nvidia faces production challenges for its key H20 chips, and Meta announced a major cloud computing deal with Google. Powell Speech in Focus Powell is set to speak…

Stocks fluctuated early in the session on Thursday before mostly lower over the course of the trading day. The major averages all moved to the downside on the day, with the S&P 500 closing lower for the fifth consecutive session. The major averages finished the day off their worst levels but still in negative territory.…

U.S. stock futures showed little movement Thursday as investors prepared for the start of the Federal Reserve’s Jackson Hole symposium and awaited new labor market data. Attention also turned to Walmart, which released its latest quarterly earnings—a key indicator of U.S. consumer health. Jackson Hole Symposium Under the Spotlight The Fed’s annual Jackson Hole gathering…

After moving sharply higher early in the session, stocks regained ground over the course of the trading day on Wednesday. The major averages climbed well off their worst levels of the day, although the Nasdaq and the S&P 500 remained in negative territory. The tech-heavy Nasdaq ended the day down 142.10 points or 0.7 percent…

Futures for the major U.S. stock indexes suggest a slightly lower open on Wednesday, following yesterday’s technology-driven declines. Pre-market trading shows Target (NYSE:TGT) shares tumbling 10.1% after reporting a drop in second-quarter sales and announcing that COO Michael Fiddelke will replace CEO Brian Cornell. Estée Lauder (NYSE:EL) is also under pressure, down 6.6% in pre-market…

U.S. stock futures fell Wednesday as investors awaited the minutes from the Federal Reserve’s most recent policy meeting. At 03:00 ET, S&P 500 futures were down 0.2%, Nasdaq 100 futures fell 0.3%, and Dow futures dropped 0.2%. Tuesday’s trading ended mixed, with the S&P 500 and Nasdaq lower, while the Dow edged up. Potential Fed…

After ending Monday’s choppy session little changed, stocks moved mostly lower over the course of the trading day on Tuesday. The tech-heavy Nasdaq posted a particularly steep loss, although the Dow ended the day roughly flat. The Nasdaq ended the day just off its lows of the session, tumbling 314.82 points or 1.5 percent to…

U.S. stock futures dipped slightly on Tuesday as investors awaited earnings from Home Depot and comments from Federal Reserve officials. Meanwhile, attention remains on efforts to resolve the conflict in Ukraine, following the latest Trump-Zelensky meeting, and on Palo Alto Networks’ encouraging guidance. Trump-Zelensky Talks in Washington The search for peace in Ukraine continues after…