Category: Market Summary
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U.S. Stocks Close Lower After Cautious Session
U.S. stocks closed notably lower on Tuesday as higher Treasury yields and concerns that the Federal Reserve may not cut interest rates anytime soon hurt sentiment. The major averages all ended in the red with the Dow finishing with a more pronounced loss. The Dow settled with a loss of 231.86 points or 0.62 percent…
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Wall Street Highlights: Apple Cuts iPhone Prices in China, Microsoft Launches Copilot Pro Subscription, and More
In Tuesday’s pre-market, U.S. index futures indicate a lower opening, as investors and analysts eagerly await the release of earnings reports from major banks, which promise to offer valuable insights into the current condition of the American consumer and the broader economic outlook. At 5:26 AM, Dow Jones futures (DOWI:DJI) fell 196 points, or 0.52%.…
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Top Company News of the Day: Boeing, GM, Adidas, JPMorgan
Boeing Faces Longer Wait to Resume MAX Deliveries in China More safety checks are being planned on the undelivered planes following the Alaska Airlines blowout. ‘This Has Been Going on for Years.’ Inside Boeing’s Manufacturing Mess. Outsourcing worried engineers and sparked battles over quality before a door plug blew out on an Alaska Airlines plane…
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S&P 500, Nasdaq Inch Higher But Dow Posts Modest Loss
With traders digesting earnings news from several big-name companies as well as the latest U.S. inflation data, stocks fluctuated over the course of the trading session on Friday. While the S&P 500 and the Nasdaq eventually ended the session slightly higher, the narrower Dow showed a modest move to the downside. The S&P 500 inched…
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Wall Street Highlights: DocuSign Acquisition Battle, Tesla Berlin Production Halt, and More
In the pre-market on Friday, U.S. index futures are showing mixed behavior, reflecting investors’ caution. The focus is on the awaited Producer Price Index (PPI) report, marking the second major inflation report of the week. The anticipation surrounding the start of the fourth-quarter financial results season is also on the radar, as it offers crucial…
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US Futures Mixed, European Stocks Climb
U.S. futures for the S&P 500 were down 0.1% and futures for the Dow Jones Industrial Average were flat. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 gained 0.9% in morning trading. Viaplay Group Series B rose 5.6% and Ambu Series B rose 5%. On…
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U.S. Stocks Close Roughly Flat Following Closely Watched Inflation Data
After turning lower over the course of morning trading on Thursday, stocks staged a notable recovery attempt in the latter part of the session. The major averages climbed well off their worst levels of the day, eventually closing roughly flat. The Dow fell as much as 270 points but rebounded to end the day up…
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Wall Street Highlights: Mastercard’s Financial Rise, Citigroup’s $3.8 Billion Charges, and More
This Thursday morning, U.S. index futures are showing an upward trend, in anticipation of the imminent consumer inflation data and the start of the fourth-quarter financial results reporting season, a crucial period for Wall Street investors and analysts. At 05:40 AM, the Dow Jones futures (DOWI:DJI) rose 7 points, or 0.02%. S&P 500 futures were…
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US Futures, European Stocks Rise Ahead of U.S. Inflation Data
U.S. futures for the S&P 500 were up 0.3% and futures for the Dow Jones Industrial Average climbed 0.2%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 climbed 0.6% in morning trading. Rational rose 6% and Teleperformance added 4.2%. On the other hand, Viaplay Group…
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U.S. Stocks Move Mostly Higher Ahead Of Inflation Data
After ending the previous session on opposite sides of the unchanged line, the major U.S. stock indexes all moved to the upside during trading on Wednesday. With the upward move, the tech-heavy Nasdaq closed higher for the fourth straight session. The major averages pulled back off their best levels in late-day trading but remained in…