Category: Market Summary

The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a lower open for the markets on Friday, with stocks likely to give back ground after ending yesterday’s choppy session moderately higher. The futures came under pressure after President Donald Trump accused China of violating the trade agreement reached…

U.S. stock futures edged down slightly on Friday amid renewed uncertainty around trade tariffs and stalled negotiations with China. Investors are also closely watching the upcoming release of the Federal Reserve’s preferred inflation gauge, while OPEC+ prepares to decide on oil production levels this weekend. Trade Tariffs Back in Play In a surprising twist, the…

Stocks closed higher on Thursday following mixed court decisions on Trump’s tariffs. An initial ruling blocked tariffs on China and other trade partners, while an appeals court reinstated them temporarily, leaving uncertainty. The Dow, S&P 500, and Nasdaq all rose in response to the fluctuating tariff landscape and recent trade agreements. Stocks edged higher in…

After failing to sustain a strong move to the upside early in the session, stocks fluctuated over the course of the trading day on Thursday. The major averages bounced back and forth across the unchanged line before eventually closing moderately higher. The Dow rose 117.03 points or 0.3 percent to 42,215.73, the Nasdaq climbed 74.93…

A fresh report from Counterpoint Research highlights the most popular smartphones worldwide for the first quarter of 2025, with Apple (NASDAQ:AAPL) and Samsung (USOTC:SSNHZ) once again dominating the rankings. Apple’s latest flagship, the iPhone 16, claimed the top spot for the first time in a Q1 period since 2023. This comeback is credited to the…

U.S. stock markets saw declines on Wednesday, with the S&P 500, Dow Jones, and Nasdaq all posting losses. Companies like Macy’s and Abercrombie & Fitch reported mixed results, while Nvidia’s earnings were highly anticipated. The bond market reacted moderately as the Fed’s minutes revealed no changes in interest rates, amid ongoing inflation concerns. U.S. stock…

After showing a lack of direction throughout much of the session, stocks moved to the downside in the latter part of the trading day on Wednesday. The major averages all moved lower late in the day partly offsetting the strong gains posted in the previous session. The Dow declined 244.95 points or 0.6 percent to…

U.S. stocks held steady on Wednesday, with the S&P 500 up 0.2%. Positive earnings from Abercrombie & Fitch and Dick’s Sporting Goods contrasted with losses from Okta and Macy’s. A crucial Nvidia earnings report is expected to impact market sentiment. U.S. stocks appeared steady on Wednesday, following a significant rebound that brought them closer to…

After moving sharply higher early in the session, stocks saw further upside over the course of the trading day on Tuesday. With the strong upward move, the major averages largely offset the steep losses posted last week. The Nasdaq shot up 461.96 points or 2.5 percent to 19,199.16, the S&P 500 (SPI:SP500) surged 118.72 points…

The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a sharply higher open on Tuesday, with stocks likely to regain ground following the steep drop seen last week. The upward momentum on Wall Street comes after President Donald Trump announced he is delaying a threatened 50 percent tariff…