Category: Market Summary
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Middle East Concerns Contribute To Weakness On Wall Street
After moving sharply lower early in the session, stocks regained some ground over the course of the trading day on Tuesday but remained firmly negative. The major averages all moved to the downside on the day, with the tech-heavy Nasdaq leading the way lower. The Nasdaq (NASDAQI:COMP) tumbled 278.81 points or 1.5 percent to 17,910.36,…
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Futures Pointing To Roughly Flat Open On Wall Street
The major U.S. index futures are currently pointing to a roughly flat open on Tuesday, with stocks likely to show a lack of direction after ending Monday’s choppy trading session mostly higher. Uncertainty about the near-term outlook for the markets may keep some traders on the sidelines following a strong September, which is historically a…
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U.S. Stocks Finish Choppy Trading Day Mostly Higher
Stocks showed a lack of direction over the course of the trading session on Monday before eventually ending the day mostly higher. The major averages all finished the day in positive territory following the mixed performance seen last Friday. The Dow (DOWI:DJI) inched up 17.15 points or less than a tenth of a percent to…
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Middle East Tensions, Profit Taking May Weigh On Wall Street
The major U.S. index futures are currently pointing to a modestly lower open on Monday, with stocks likely to move to the downside following the mixed performance seen last Friday. Concerns about rising Middle East tensions may weigh on Wall Street after Israel launched deadly airstrikes on targets in the heart of Lebanon’s capital Beirut…
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Dow Reaches Record Closing High But Nasdaq, S&P 500 Give Back Ground
Stocks turned in a mixed performance during trading on Friday, with the major averages ending the day on opposite sides of the unchanged line. The Dow rose to a new record closing high, but the Nasdaq and the S&P 500 gave back ground. While the Dow pulled back well off its highs of the session,…
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Futures Edge Higher Following Closely Watched Inflation Data
The major U.S. index futures are currently pointing to a modestly higher open on Friday, with stocks likely to add to the gains posted in the previous session. The futures edged higher following the release of closely watched readings on U.S. consumer price inflation in the month of August. The Commerce Department said its personal…
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U.S. Stocks Move Higher On Micron News, Upbeat Economic Data
Following the pullback seen in the previous session, stocks moved back to the upside during trading on Thursday. The major averages gave back ground after an early rally but managed to end the day firmly into positive territory. The S&P 500 (SPI:SP500) rose 23.11 points or 0.4 percent to a new record closing high of…
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Micron May Help Lead Early Rally On Wall Street
Micron May Help Lead Early Rally On Wall Street US Market The major U.S. index futures are currently pointing to a higher open on Thursday, with stocks likely to move back to the upside following the pullback seen in the previous session. Technology stocks may help lead an early rally on Wall Street, as reflected…
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Dow, S&P Come Off Record Highs, Close On Weak Note
U.S. stocks closed weak on Wednesday amid uncertainty about the near-term outlook following recent gains that lifted the two of the major averages – the Dow and the S&P 500 – to record highs. Investors digested the latest set of economic data and assessed the central bank’s rate cut trajectory. The Dow (DOWI:DJI) ended down…
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Futures Pointing To Initial Pullback On Wall Street
The major U.S. index futures are currently pointing to a modestly lower open on Wednesday, with stocks likely to give back ground following the upward seen in the previous session. Profit taking may contribute to initial weakness on Wall Street, as some traders look to cash in on the recent strength in the markets. Following…