Category: Market Summary
-
Major Averages Finish Choppy Trading Day Narrowly Mixed
Following the strong upward move seen during last Friday’s session, stocks turned in a relatively lackluster performance during trading on Monday. Despite the choppy trading, the tech-heavy Nasdaq reached a new three-month closing high. The major averages ended the day narrowly mixed. While the Dow edged down 1.11 points or less than a tenth of…
-
US Stocks Drift and Chinese Markets Rise as Trade Talks Begin
As U.S. stocks remain flat, trade talks begin in London between the U.S. and China, raising hopes for reduced tariffs. The S&P 500 shows a minimal decrease while investors look for news that might impact the market. Notable corporate movements include a significant rise in Warner Bros. Discovery’s shares and IonQ’s acquisition of Oxford Ionics,…
-
Markets Brace for U.S.-China Trade Talks and Apple’s WWDC Keynote
Global markets opened the week with a cautious tone, as traders looked toward renewed U.S.-China trade discussions in London and Apple’s (NASDAQ:AAPL) annual Worldwide Developers Conference (WWDC). Investors hope these developments will shed light on easing trade tensions and unveiling technological innovations. Meanwhile, Chinese export data pointed to slowing growth, adding further uncertainty to the…
-
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.…
-
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…
-
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,…
-
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.…
-
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…
-
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.…
-
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…