Category: Market Summary
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U.S. Stocks Close Little Changed Following Two-Day Surge
Stocks initially extended the rally seen to start the week early in the session on Wednesday before giving back ground over the course of the trading day. The major averages pulled back off their early highs, eventually ending the day narrowly mixed. While the tech-heavy Nasdaq rose 61.02 points or 0.3 percent to a new…
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Dow Jones, S&P, Nasdaq, Wall Street Pauses as Traders Digest Rally, Mideast Truce, and Powell Remarks
U.S. equity futures hovered near the flatline early Wednesday as traders appeared content to pause following a two-day surge that propelled the major indexes to their highest levels in four months. The Dow Jones, S&P 500, and Nasdaq 100 futures all showed minimal movement before the bell, suggesting a day of cautious consolidation rather than…
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News Of Israel-Iran Ceasefire Leads To Extended Rally On Wall Street
Stocks moved sharply higher during trading on Tuesday, extending the strong upward move seen over the course of the previous session. With the continued advanced, the major averages reached their best closing levels in four months. The major averages pulled back off their best levels going into the close but remained firmly positive. The Nasdaq…
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Dow, S&P 500, Nasdaq Poised for Gains as Markets React to Israel-Iran Ceasefire News
U.S. stock futures tied to the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite were pointing to a higher open on Tuesday, suggesting Wall Street may build on the momentum seen in the previous trading session. Investor optimism appears to be fueled by geopolitical developments, following former President Donald Trump’s announcement of a ceasefire…
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US Markets Move on Israel-Iran Ceasefire and Powell Testimony
U.S. stock futures pointed to a higher open on Tuesday as investors reacted positively to President Donald Trump’s announcement of a ceasefire between Israel and Iran. While the move lifted sentiment and reduced concerns over a broader conflict in the Middle East, questions remain about the durability of the truce. Meanwhile, Federal Reserve Chair Jerome…
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Wall Street Shrugs Off Bombing, Rises On Rate Cut Hopes
After some early indecision, investors rallied late in the day to push Wall Street higher on Monday. The major averages opened lower and hugged the unchanged line for much of the day as investors waited for Iran’s response to the weekend U.S. air strikes on its nuclear sites. Reports suggesting that Iran may block the…
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Stocks Mixed as Chip Sector Drags on S&P 500
U.S. equity markets wrapped up Friday on a mixed note, with the S&P 500 (SPI:SP500) slipping 0.3% as a decline in semiconductor shares overshadowed dovish comments from a leading Federal Reserve official, who suggested interest rate cuts could come as early as the next policy meeting. The Dow Jones Industrial Average posted a modest gain…
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Dow Jones Futures Dip as Trump Considers Iran Strike; U.S. Markets Closed for Juneteenth
Dow Jones futures fell sharply early Thursday, alongside S&P 500 and Nasdaq futures, as growing tensions between Israel and Iran weighed on investor sentiment. U.S. stock markets are closed Thursday in observance of the Juneteenth holiday. The stock market ended Wednesday mixed. Former President Donald Trump hinted at involvement in the Israel-Iran conflict, saying he…
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U.S. Stocks Close Roughly Flat After Fed Leaves Rates Unchanged
After moving to the upside early in the session, stocks gave back ground over the course of the trading day on Wednesday to end the day roughly flat. While the Nasdaq inched up 25.18 points or 0.1 percent to 19,546.27, the S&P 500 (SPI:SP500) edged down 1.85 points or less than a tenth of a…
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U.S. Stocks Move Notably Lower Amid Geopolitical Concerns
Stocks moved notably lower during trading on Tuesday, giving back ground following the rebound seen in the previous session. The Nasdaq slid 180.12 points or 0.9 percent to 19,521.09, the S&P 500 (SPI:SP500) decreased 50.39 points or 0.8 percent to 5,982.72 and the Dow fell 299.29 points or 0.7 percent to 42,215.80. The early pullback…