Category: Market Summary

Stocks moved mostly higher during trading on Monday, adding to the strong gains posted last week. With the continued upward move, the Nasdaq and the S&P 500 reached new record closing highs. The Nasdaq jumped 207.65 points or 0.9 percent to 22,348.75 and the S&P 500 (SPI:SP500) climbed 30.99 points or 0.5 percent to 6,615.28.…

Investors are keeping a close eye on the Federal Reserve this week, with expectations high that the central bank will cut interest rates. Other major central banks, including those of Canada, the U.K., and Japan, are also scheduled to announce their latest policy decisions. Meanwhile, U.S. retail sales growth for August is expected to slow,…

After moving in opposite directions early in the session, the major U.S. stocks indexes continued to turn in a mixed performance throughout the trading day on Friday. While the tech-heavy Nasdaq climbed to a new record closing high, the Dow moved back to the downside. The Nasdaq ended the session off its best levels of…

Dow Jones and S&P 500 futures are currently pointing to a slightly lower open on Friday, with stocks likely to give back ground following the strong upward move seen in the previous session. Profit taking may contribute to initial weakness on Wall Street following yesterday’s rally, which lifted the major averages to new record closing…

Stocks showed a strong move to the upside during trading on Thursday, with the major averages all moving notably higher following the mixed performance seen during Wednesday’s session. With the upward move, the major averages all reached new record closing highs. The major averages finished the session just off their best levels of the day.…

Stocks moved mostly higher early in the session on Wednesday but gave back ground over the course of the trading day. The S&P 500 and the Nasdaq pulled back well off their best levels but still managed to end the day at new record closing highs. The S&P 500 (SPI:SP500) rose 19.43 points or 0.3…

U.S. stock futures were mixed Wednesday as investors awaited fresh inflation data. Economists expect the annualized producer price index (PPI) for final demand in August to match July’s pace, highlighting persistent inflation pressures ahead of the Federal Reserve’s key rate decision next week. Meanwhile, Oracle (NYSE:ORCL) posted a blockbuster booked revenue forecast, boosting pre-market trading,…

After showing a lack of direction early in the session, stocks moved mostly higher over the course of the trading day on Tuesday. The major averages added to the gains posted during Monday’s session, reaching new record closing highs. The major averages pulled back off their highs going into the close but remained in positive…

U.S. stock futures point to a largely flat start on Tuesday, with markets likely to show limited momentum after posting modest gains in the previous session. Investors are holding back ahead of key inflation readings set to come later this week, which could influence Federal Reserve interest rate decisions. The Labor Department will release the…