Category: Market Summary
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Tesla, Crypto Exchanges May Lead Early Upward Move On Wall Street
The major U.S. index futures are currently pointing to a higher open on Monday, with stocks likely to extend the surge seen late in last Friday’s session. The markets may benefit from an early upward move by shares of Tesla (NASDAQ:TSLA), as the electric vehicle maker is jumping by 2.9 percent in pre-market trading. The…
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U.S. Stocks Finish Volatile Session Sharply Higher
Following the significant pullback seen over the course of the previous session, stocks saw substantial volatility during trading on Friday. The major averages swung wildly back and forth across the unchanged line before eventually closing sharply higher. The major averages showed strong moves to the upside going into the close, ending the session near their…
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Inflation Data In Line With Estimates May Generate Early Buying Interest
The major U.S. index futures are currently pointing to a higher open on Friday, with stocks likely to regain ground following the sell-off seen over the course of the previous session. Traders may once again look to pick up stocks at reduced levels following recent weakness, which saw the Nasdaq plunge to a nearly four-month…
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Nasdaq Plunges To Nearly Four-Month Low As Nvidia Slumps
Stocks once again failed to sustain an early upward move and came under pressure over the course of the trading day on Thursday. Unlike the previous session, however, the major averages extended the pullback as the day progressed, closing sharply lower. The tech-heavy Nasdaq posted a particularly steep loss, plunging 530.84 points or 2.8 percent…
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Upbeat Nvidia Earnings May Lead To Initial Strength On Wall Street
The major U.S. index futures are currently pointing to initial strength on Wall Street on Thursday, with stocks likely to see further upside after ending the previous session mostly higher but well off their best levels The markets are likely to benefit from a positive reaction to earnings news from Nvidia (NASDAQ:NVDA), as the AI…
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U.S. Stocks Give Back Ground Following Early Rebound
Stocks showed a strong move to the upside early in the session on Wednesday but have given back ground since then. The major averages have pulled back well off their highs of the session, with the Dow sliding firmly into negative territory. Currently, the major averages are turning in a mixed performance. While the Dow…
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U.S. Stocks May Regain Ground Following Recent Weakness
The major U.S. index futures are currently pointing to a higher open on Wednesday, with stocks likely to regain ground after moving sharply lower over the past several sessions. Bargain hunting may contribute to initial strength on Wall Street following the recent pullback, which saw the Nasdaq and the S&P 500 close lower for four…
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Nasdaq Tumbles To Three-Month Closing Low As Tech Stocks Slump
After moving sharply lower early in the session, stocks regained some ground over the course of the trading day on Tuesday but remained firmly negative. With the continued weakness, the Nasdaq and the S&P 500 closed lower for the fourth straight session. The Nasdaq plunged 260.54 points or 1.4 percent to a three-month closing low…
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Traders May Stick To The Sidelines Ahead Of Nvidia Earnings, Key Data
The major U.S. index futures are currently pointing to a roughly flat open on Tuesday, with stocks likely to continue experiencing choppy trading after seeing considerable volatility in the previous session. Uncertainty about the near-term outlook for the markets may keep some traders on the sidelines following recent weakness, which saw the Nasdaq and S&P…
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Nasdaq Moves Sharply Lower But Dow Posts Modest Gain
Following the significant pullback seen during last Thursday and Friday’s session, stocks saw considerable volatility over the course of the trading day on Monday. The major averages showed wild swings back and forth across the unchanged line as the day progressed. The Nasdaq and the S&P 500 eventually ended the day firmly in negative territory,…