Category: Market Summary
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Futures Pointing To Roughly Flat Open On Wall Street
The major U.S. index futures are currently pointing to a roughly flat open on Tuesday, with stocks likely to show a lack of direction following the weakness seen in the previous session. Traders may be reluctant to make significant moves ahead of the release of the Labor Department’s closely watched report on consumer price inflation…
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U.S. Stocks Move Mostly Lower, Nasdaq And S&P 500 Pull Back Off Record Highs
After showing a lack of direction early in the session, stocks moved mostly lower over the course of the trading day on Monday. The major averages all moved to the downside, with the Nasdaq and the S&P 500 pulling back off last Friday’s record closing highs. The major averages finished the day firmly in negative…
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Slump By Nvidia May Lead To Pullback By Nasdaq
The major U.S. index futures are currently pointing to a mixed open on Monday, with the Dow futures up by 0.1 percent but the Nasdaq futures down by 0.2 percent. A decrease by shares of Nvidia (NASDAQ:NVDA) may weigh on the Nasdaq, as the AI darling is slumping by 2.1 percent in pre-market trading. The…
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Nasdaq, S&P 500 Reach New Record Highs But Dow Extends Pullback
The major U.S. stock indexes all moved to the upside early in the session on Friday but turned mixed over the course of the trading day. While the Nasdaq and the S&P 500 managed to remain in positive territory and reach new record closing highs, the narrower Dow pulled back into negative territory. The tech-heavy…
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Futures Edge Higher Following Stronger-Than-Expected Jobs Data
The major U.S. index futures are currently pointing to a modestly higher open on Friday, with stocks likely to move back to the upside following the pullback seen in the previous session. The futures edged higher following the release of a closely watched Labor Department report showing employment in the U.S. surged by more than…
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U.S. Stocks Pull Back Off Record Highs Ahead Of Jobs Data
After climbing to new record highs in the previous session, stocks turned in a relatively lackluster performance during trading on Thursday. The major averages spent the day bouncing back and forth across the unchanged line. The major averages eventually ended the day in negative territory. The Dow slid 248.33 points or 0.6 percent to 44,765.71,…
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Looming Jobs Report May Lead To Choppy Trading On Wall Street
The major U.S. index futures are currently pointing to a roughly flat open on Thursday, with stocks likely to show a lack of direction after climbing to new record highs in the previous session. Traders may be reluctant to make significant moves ahead of the release of the Labor Department’s closely watched monthly jobs report…
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Bitcoin Crashes Through The $100,000 Barrier
Bitcoin’s (COIN:BTCUSD) price rose over $100,000 for the first time as its recent bull run continued. The cryptocurrency has been boosted by Donald Trump’s victory in the recent U.S. election. It is currently at $102,717. Trump supports cryptocurrency, and he has pledged to make the U.S. “the crypto capital of the planet.” Crypto enthusiasts have…
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Dow Closes Above 45,000 For First Time, Nasdaq And S&P 500 Also Set Record Highs
Following the lackluster performance seen in the previous session, stocks moved mostly higher over the course of the trading day on Wednesday. The major averages all climbed to new record closing highs after ending mixed for two straight days. The tech-heavy Nasdaq led the way higher, jumping by 254.21 points or 1.3 percent to 19,735.16.…
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Dow May Regain Ground Amid Surge By Salesforce
The major U.S. index futures are currently pointing to a higher open on Wednesday, with stocks likely to move to the upside following the lackluster performance seen in the previous session. The Dow is likely to regain ground after closing lower in the two previous sessions amid a surge by shares of Salesforce (CRM). Salesforce…