Category: Market Summary
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U.S. Stocks Close Sharply Higher On Slightly Stronger Than Expected Jobs Data
After ending yesterday’s volatile session mostly lower, stocks showed a significant move back to the upside during trading on Friday. With the strong upward move, the Nasdaq and the S&P 500 reached their best closing levels in over three months. The major averages surged early in the session and remained firmly positive throughout the day.…
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Dow Jones, S&P, Nasdaq Market Update: Trump-Musk Feud, Tesla’s Decline, and Key Labor Data
U.S. stock futures edged higher Friday as markets digested a heated dispute between President Donald Trump and billionaire Elon Musk, which caused Tesla (NASDAQ:TSLA) shares to tumble, erasing significant market value. Investors are also focusing on critical labor market data set for release, while Chinese stocks slipped following a discussion between Trump and Chinese President…
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U.S. Stocks Close Mostly Lower Following Another Choppy Trading Day
Following the volatility seen in the previous session, stocks continued to fluctuate over the course of the trading day on Thursday. The major averages once again spent the day bouncing back and forth across the unchanged line before eventually closing in negative territory. While the tech-heavy Nasdaq slid 162.04 points or 0.8 percent to 19,298.45,…
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Dow Jones, S&P, Nasdaq: Stocks Erase Early Gains on US Labor Market Concerns
U.S. stock indexes fell today due to concerns over rising jobless claims, wiping out early gains. The S&P 500 slipped by 0.25% as economic data revealed jobless claims reached an eight-month high. Trade deficit numbers improved, but mixed signals on productivity and labor costs created uncertainty ahead of key employment data expected later this week.…
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U.S. Stocks Finish Choppy Trading Day Narrowly Mixed
After moving mostly higher over the two previous sessions, stocks fluctuated over the course of the trading day on Wednesday. The major averages bounced back and forth across the unchanged line before eventually closing narrowly mixed. While the Dow dipped 91.90 points or 0.2 percent to 42,427.74, the S&P 500 (SPI:SP500) inched up 0.44 points…
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Nasdaq, S&P 500 Climb To Best Closing Levels In Over Three Months
After recovering from early weakness to end Monday’s session mostly higher, stocks saw further upside during trading on Tuesday. With the continued upward move, the Nasdaq and the S&P 500 reached their best closing levels in over three months. The major averages ended the day off their highs of the session but still firmly positive.…
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Citi Sees Bullish Momentum in U.S. Equities, While Global Market Signals Remain Uneven
Citigroup (NYSE:C) has highlighted a shift toward a more bullish stance in U.S. equity markets, as investor positioning across major indices strengthens. However, the outlook across global markets remains mixed, with sentiment and flows varying by region. In the U.S., the surge in investor flows has been attributed to a mix of short covering and…
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U.S. Stocks Recover From Early Weakness To Close Mostly Higher
Stocks came under pressure early in the session on Monday but showed a notable turnaround over the course of the trading day. The major averages climbed well off their lows of the session and into positive territory. The major averages saw further upside going into the end of the day, reaching new highs for the…
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U.S. Stocks Open the New Month Mixed Amid Trade Worries
U.S. stock indices opened the week on a mixed note as renewed tensions between China and the U.S. reignited concerns of a potential trade war between the two largest global economies. At 09:32 ET (13:32 GMT), the Dow Jones Industrial Average fell 170 points (0.4%), the S&P 500 dropped 11 points (0.2%), while the Nasdaq…
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U.S. Markets Finish Mixed And Little Changed
Stock shook off a sluggish start on Friday, with the major U.S. markets posting a mild recovery to finish mixed and little changed. The Dow rose 54.34 points or 0.13 percent to finish at 42,270.07, while the NASDAQ slipped 62.11 points or 0.32 percent to close at 19,113.77 and the S&P 500 (SPI:SP500) eased 0.48…