Category: Market Summary
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U.S. Stocks Give Back Ground To Close Roughly Flat
Stocks moved mostly higher over the course of the trading day on the Thursday but gave back ground in the latter part of the session to close roughly flat. The major averages pulled back well off their highs in the final hour of trading before closing narrowly mixed. While the Nasdaq rose 53.09 points or…
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Dow Jones, S&P, Nasdaq, U.S. Stocks May See Further Downside As Treasury Yields Continue To Rise
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 two previous sessions. Concerns about a recent surge by treasury yields may continue to weigh on Wall Street, as the thirty-year…
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U.S. Stocks Move Sharply Lower Amid Surging Treasury Yields
Following a moderate pullback in the previous session, stocks showed a more substantial move to the downside during trading on Wednesday. The major averages rebounded from an initial decline but once again slumped into negative territory as the day progressed. The major averages ended the day off their worst levels but still sharply lower. The…
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Dow Jones, S&P, Nasdaq, Futures Pointing To Extended Pullback 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 Wednesday, with stocks likely to see further downside following the moderate pullback in the previous session. Lingering uncertainty about the outlook for trade and the global economy may weigh on the markets following the surge…
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Bitcoin Nears Record High as U.S. Senate Advances Genius Act on Stablecoins
Bitcoin is making headlines again as its price climbed to $107,960, marking a four-month high and placing it within reach of its previous all-time peak of $109,288 set in January. This latest surge comes amid renewed optimism fueled by the U.S. Senate’s approval of the Genius Act, a significant legislative step aimed at regulating stablecoins,…
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Breaking News: Bloomberg Terminals Reported To Be Down
Reports are coming in from traders that Bloomberg terminals are not working this morning. Traders have taken to social media to complain about the outage. Users reported that their Terminal screens had gone blank. No data is showing, but the Terminal’s IB messaging function is still working. The company said on Bloomberg Television that the…
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U.S. Stocks Give Back Ground Following Recent Strength
After recovering from an early slump to end the previous session slightly higher, stocks moved back to the downside during trading on Tuesday. The major averages all moved to the downside, although selling pressure remained somewhat subdued. The major averages climbed well off their worst levels going into the end of the day remained in…
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U.S. Stocks Recover From Initial Slump To Close Slightly Higher
Stocks came under pressure early in the session on Monday but regained ground over the course of the trading day. The major averages climbed well off their lows of the session before ending the day modestly higher. The Dow fell more than 300 points in early trading but ended the day up 137.33 points or…
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U.S. Stocks Move Mostly Higher As Day Progresses, Post Strong Weekly Gains
After initially showing a lack of direction, stocks moved mostly higher over the course of the trading session on Friday. The major averages all climbed firmly into positive territory after closing mixed for two straight sessions. The major averages ended the day near their highs of the session. The Dow advanced 331.99 points or 0.8…
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Dow Jones, S&P, Nasdaq, Upward Momentum May Carry Over In Early Trading On Wall Street
The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to initial strength on Wall Street on Friday, with stocks likely to move mostly higher after closing mixed for two straight sessions. Stocks may continue to benefit from recent upward momentum, which has seen the S&P 500 close higher for…