Category: Market Summary

Stocks showed a lack of direction over the course of the trading day on Wednesday, extending the lackluster performance seen in the previous session. The major averages once again spent the day bouncing back and forth across the unchanged line. The major averages eventually closed mixed for the second straight day. While the Nasdaq inched…

U.S. stock index futures pointed to a slightly lower opening on Wednesday, suggesting equities may retreat after ending the previous session with mixed and largely directionless trading. A renewed rise in crude oil prices could weigh on investor sentiment. Oil for April delivery surged nearly 4% after plunging close to 12% during Tuesday’s trading session.…

U.S. equity futures traded slightly below the flatline on Wednesday as investors monitored the uncertain trajectory of the conflict in the Middle East. Oil prices swung following reports that the International Energy Agency could release a record volume of emergency reserves, while markets also awaited key U.S. inflation data later in the day. Meanwhile, Oracle…

After recovering from an early sell-off to end Monday’s session mostly higher, stocks showed a lack of direction over the course of the trading day on Tuesday. The major averages spent the day bouncing back and forth across the unchanged line. The major averages eventually ended the day narrowly mixed. While the Nasdaq inched up…

U.S. equity futures pointed higher on Tuesday while oil prices moved lower after President Donald Trump suggested the war with Iran, now more than a week old, may conclude “very soon.” The comments helped calm investor nerves, although Iran signaled it is prepared to keep fighting and has reportedly warned it could halt oil shipments…

Stocks moved sharply lower in early trading on Monday but showed a substantial turnaround over the course of the session. The major averages climbed well off their worst levels and into positive territory, with the tech-heavy Nasdaq leading the recovery. The major averages surged in the final hour of trading, closing not far off their…

Shares of major airlines and cruise operators fell sharply on Monday as surging oil prices triggered a selloff in travel-related stocks. United Airlines (NASDAQ:UAL) dropped 6%, while American Airlines (NASDAQ:AAL) fell 5%. Delta Air Lines (NYSE:DAL) declined 4.5% and Southwest Airlines (NYSE:LUV) slipped 3.8%, as investors reacted to the sharp rise in crude prices. Oil…

U.S. equities opened sharply lower on Monday as escalating tensions in the Middle East pushed oil prices toward $100 a barrel, intensifying concerns that rising energy costs could pressure economic growth. As of 09:43 ET, the S&P 500 declined 1.2% to 6,655.57, the Nasdaq Composite dropped 1.3% to 22,103.06, and the Dow Jones Industrial Average…

The conflict involving Iran continues to intensify at the start of the new week, pushing oil prices above $100 per barrel and fueling concerns about renewed global inflation pressures. At the same time, the Federal Reserve has entered its policy blackout period as a series of important inflation and labor market data releases approach. On…