Category: Market Summary

Stocks moved to the downside at the start of trading on Monday but showed a notable recovery over the course of the session. The major averages climbed well off their lows of the session and into positive territory, with the Dow and the S&P 500 reaching new record closing highs. The major averages pulled back…

U.S. equity index futures extended losses on Monday as concerns mounted over the independence of the Federal Reserve, following confirmation that the Justice Department has opened a criminal investigation into testimony by Fed Chair Jerome Powell regarding cost overruns tied to a $2.5 billion renovation of the central bank’s Washington headquarters. By 05:50 ET, Dow…

U.S. equity futures were pointing lower at the start of a busy week for markets, with attention centred on renewed political scrutiny of Federal Reserve Chair Jerome Powell and escalating unrest in Iran. Powell moved into focus late Sunday after suggesting that a U.S. Department of Justice investigation into a Federal Reserve renovation project was…

Stocks showed a lack of direction early in the session on Friday but moved mostly higher over the course of the trading day. The major averages all climbed firmly into positive territory, with the Dow and the S&P 500 reaching new record closing highs. The major averages ended the day off their highs of the…

U.S. stock index futures are indicating a stronger start to Friday’s session, with equities poised to move higher after two straight days of mixed closes. Sentiment has been lifted by the release of the Labor Department’s closely followed December employment report, which appears to have been taken positively by markets. Although job growth came in…

US equity futures were largely unchanged as investors positioned cautiously ahead of key monthly employment data and a potential Supreme Court ruling on the White House’s far-reaching import tariffs. Attention is also on Washington, where President Donald Trump is expected to meet oil industry leaders amid renewed focus on Venezuela’s energy assets, while mining heavyweights…

After ending yesterday’s lackluster session on opposite sides of the unchanged line, the major U.S. stock indexes turned in another mixed performance during trading on Thursday. While the Dow moved back to the upside after Wednesday’s pullback, the tech-heavy Nasdaq closed lower for the first time in four sessions. The Dow climbed 270.03 points or…

U.S. stock index futures are pointing to a slightly lower open on Thursday, suggesting equities may come under pressure after a mixed finish in the previous session. The softer tone follows comments from President Donald Trump calling for a sharp increase in U.S. military spending to $1.5 trillion by 2027. “This will allow us to…

U.S. equity futures moved lower on Thursday as investors looked ahead to key U.S. labour market data later in the week and weighed ongoing geopolitical developments. Oil prices stabilised after recent losses, Samsung delivered a stronger-than-expected profit outlook for the fourth quarter, and Bitcoin dropped back below the $91,000 level. U.S. futures drift lower U.S.…

Stocks fluctuated over the course of the trading day on Wednesday before eventually ending the relatively lackluster session mixed. While the Dow and the S&P 500 gave back ground after a positive start to the first full trading week of the new year, the tech-heavy Nasdaq showed a modest move to the upside. The Nasdaq…