Category: Market Summary
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U.S. Stocks Move Sharply Lower Amid Renewed Tech Weakness
After ending yesterday’s choppy session narrowly mixed, stocks moved to the upside in early trading on Wednesday but quickly came under pressure. The major averages pulled back well off their highs of the session and firmly into negative territory. The major averages saw further downside going into the end of the day, closing just off…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, Energy Shares Poised to Support Higher Start for U.S. Markets
U.S. stock index futures are signaling a slightly positive open on Wednesday, suggesting equities may push higher after a mixed and uneven performance in the previous session. Early gains on Wall Street could be led by the energy sector, following a sharp rebound in crude oil prices. Oil has climbed well off its lowest levels…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, Markets Steady Ahead of Waller Speech; Lennar Disappoints, Micron in Focus
U.S. equity futures are trading cautiously as investors continue to digest recently released labor market data. Attention is turning to remarks from Federal Reserve Governor Christopher Waller, who is set to speak publicly for the first time since the central bank delivered an interest rate cut last week. In corporate news, shares of homebuilder Lennar…
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U.S. Stocks Close Mixed Following Another Choppy Session
Following the lackluster performance seen in the previous session, stocks continued to experience choppy trading on Tuesday. The major averages fluctuated over the course of the trading day before eventually closing on opposite sides of the unchanged line. While the tech-heavy Nasdaq rose 54.05 points or 0.2 percent to 23,111.46, the S&P 500 slipped 16.25…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, U.S. Markets Seen Treading Water After Mixed Employment Signals
U.S. stock index futures pointed to a largely flat start on Tuesday, suggesting Wall Street could struggle to find clear direction after closing the previous session slightly lower following volatile trading. Investors appear cautious as they assess a mixed set of U.S. labor market figures, making it difficult to draw firm conclusions about the strength…
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Dow Jones, S&P, Nasdaq, Wall Street, U.S. Futures Drift Lower Ahead of Key Jobs Data as Markets Weigh Multiple Catalysts
Futures tied to the major U.S. equity benchmarks pointed lower, signalling a cautious start to the trading week as investors awaited a heavy slate of economic releases, led by a long-delayed labour market report. Attention is also turning to potential changes in U.S. market structure, with reports suggesting Nasdaq is seeking approval to extend trading…
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U.S. Stocks Close Modestly Lower After Initial Move To The Upside
Stocks moved to the upside at the start of trading on Monday but quickly gave back ground early in the session. The major averages pulled back well off their early highs and spent much of the rest of the day lingering near the unchanged line. The major averages eventually ended the day modestly lower. While…
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Dow Jones, S&P, Nasdaq, Wall Street, U.S. Futures Signal Early Bounce After Friday’s Sell-Off
Futures linked to the main U.S. equity benchmarks were pointing higher ahead of Monday’s opening bell, suggesting Wall Street may attempt an initial rebound after the sharp losses recorded at the end of last week. Some investors appear ready to step back into the market following Friday’s pullback, which was driven largely by heavy selling…
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Tech Sell-Off Leads To Significant Weakness On Wall Street
Following the mixed performance seen during Thursday’s session, stocks showed a significant move to the downside during trading on Friday. The major averages all moved lower, with the tech-heavy Nasdaq showing a particularly steep drop. The major averages ended the day off their worst levels of the session but still in negative territory. The Nasdaq…
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Dow Jones, S&P 500 and Nasdaq Futures diverge as tech weakens and cyclical stocks gain momentum
Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a mixed open on Friday, with the major averages likely to once again move in opposite directions. While the Nasdaq 100 futures are down by 0.5 percent, the Dow futures are up by 0.2 percent. A slump by shares of Broadcom (NASDAQ:AVGO) may weigh…