Category: Market Summary
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U.S. Stocks Recover From Early Weakness To Close Little Changed
After moving to the downside early in the session, stocks regained ground over the course of the trading day on Thursday. The major averages climbed well off their early lows and spent much of the day lingering near the unchanged line. The major averages eventually ended the day narrowly mixed. While the Dow crept up…
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Profit Taking May Contribute To Initial Pullback On Wall Street
The major U.S. index futures are currently pointing to a lower open on Thursday, with stocks likely to give back ground after moving notably higher over the past few sessions. Traders may look to cash in on the recent strength in the markets, which saw the Nasdaq and the S&P 500 nearly offset the sell-off…
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U.S. Stocks Show Strong Move To The Upside On Christmas Eve
In an abbreviated Christmas Eve session, stocks moved sharply higher over the course of the trading day on Tuesday. The major averages all showed strong moves to the upside, extending the upward move seen over the two previous sessions. The major averages saw further upside going into the close, ending the session at their best…
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U.S. Stocks May Lack Direction During Abbreviated Session
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 the previous session mostly higher. Many traders are likely to be away from their desks ahead of the Christmas Day holiday on Wednesday, leading to below average volume. The…
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U.S. Stocks Add To Last Friday’s Strong Gains In Pre-Holiday Trading
After showing a lack of direction early in the session, stocks moved mostly higher over the course of the trading day on Monday. The major averages added to the strong gains posted on Friday, further offsetting the sell-off seen last Wednesday. The Nasdaq and the S&P 500 climbed firmly into positive territory as the day…
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Trading Activity May Be Subdued Ahead Of Christmas
The major U.S. index futures are currently pointing to a roughly flat open on Monday, with stocks likely to show a lack of direction following the strong upward move seen last Friday. Traders may be reluctant to make significant moves amid what is likely to be a relatively quiet week due to the Christmas Day…
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U.S. Stocks Show Strong Move To The Upside Following Inflation Data
After ending the previous session little changed, stocks moved sharply higher over the course of the trading day on Friday. The major averages recovered from initial weakness and climbed firmly into positive territory as the day progressed. The Dow surged 498.02 points or 1.2 percent to 42,840.26, adding to the slim gain posted in Thursday’s…
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Futures Regain Ground Following Inflation Data But Remain Negative
The major U.S. index futures are currently pointing to a lower open on Friday, with stocks likely to move to the downside after ending the previous session little changed. Concerns about the outlook for interest rates may continue to weigh on Wall Street following the sell-off seen during trading on Wednesday. The Fed signaled Wednesday…
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U.S. Stocks Close Roughly Flat But Dow Snaps 10-Day Losing Streak
Following the sell-off seen late in the previous session, stocks showed a notable rebound in early trading on Thursday. Buying interest waned over the course of the trading day, however, and the major averages eventually ended the day roughly flat. The Dow managed to snap its ten-day losing streak, inching up 15.37 points or less…
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Bargain Hunting May Contribute To Early Rebound On Wall Street
The major U.S. index futures are currently pointing to a notably higher open on Thursday, with stocks likely to regain some ground following the sell-off seen late in the previous session. Bargain hunting may contribute to early strength on Wall Street, as some traders look to pick up stocks at reduced levels following yesterday’s steep…