Category: Market Summary
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Traders May Cash In On Strong July Gains In Early Trading
US Market The major U.S. index futures are currently pointing to a lower open on Tuesday, with stocks likely to move back to the downside after ending yesterday’s lackluster session modestly higher. Profit taking may contribute to initial weakness on Wall Street, as some traders look to cash in on the strong gains posted in…
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North American Morning Briefing: Latest China Data Drags on Mood
Market Wraps Watch For: ISM Report on Business Manufacturing PMI; Construction Spending; Canada Manufacturing PMI; earnings from Caterpillar, Merck, Pfizer, Starbucks, Uber Today’s Headlines/Must Reads – Earnings Season Threatens Lofty Stocks – BlackRock, MSCI Face Congressional Probes for Facilitating China Investments – Carbon Offset Market Opens to Small Southern Timberland Owners – DeSantis Super PAC…
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US Futures Fall, European Stocks Mixed as Economic Data, Corporate Earnings in Focus
In the U.S. futures for the S&P 500 were down 0.1% and futures for the Dow Jones Industrial Average fell 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 declined 0.1% in morning trading. Atos added 7.9% and TeamViewer rose 5.2%. On the other hand,…
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U.S. Stocks Finish Lackluster Session Modestly Higher
Stocks showed a lack of direction throughout the trading session on Monday, with the major averages spending the day bouncing back and forth across the unchanged line after last Friday’s trading firmly in positive territory. The major averages moved to the upside going into the close, ending the day modestly higher. The Dow rose 100.24…
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Monday’s Wall Street Highlights: Palantir Technologies, Walmart, Yellow Corp, J&J, and more
US Index Futures are trading mixed in the pre-market on Monday, awaiting a busy week of quarterly results, while European markets operate without defined direction reverberating economic indicators in the euro zone and in Germany. By 6:54 AM, Dow Jones (DOWI:DJI) futures were up 44 points, or 0.12%. S&P 500 futures were up 0.09%, while Nasdaq-100 futures…
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North American Morning Briefing: Wall Street Eyes Five-Month Winning Streak
Market Wraps Watch For: Chicago Business Barometer-ISM-Chicago Business Survey-Chicago PMI; University of Michigan Final Consumer Survey Today’s Headlines/Must Reads – How the U.S. Economy Is Sticking the Soft Landing – Why the Drivers of Lower Inflation Matter – Everyday Investors Are Thriving in a World Awash in Yield – The Benefit of Owning Stocks Over…
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U.S. Stocks Close On Strong Note; Nasdaq Outperforms
U.S. stocks closed on a bright note on Friday, firmly holding their gains after a positive start. Some encouraging earnings updates from top tech firms and data showing a slowdown in the annual rate of growth in consumer prices in the month of June aided sentiment. Easing worries about interest rates following the Federal Reserve…
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Friday’s Wall Street Highlights: AMD, Intel, First Solar, Sleep Number, Roku, P&G, and more
US Index Futures rose in premarket trading on Friday after last night’s earnings and on the lookout for indicators. European markets operate without a defined direction reflecting the most recent releases of GDPs in the region, and with an eye on the economic policy of the Bank of Japan. By 7:08 AM, Dow Jones (DOWI:DJI) futures were…
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North American Morning Briefing: Key Inflation Gauges on Tap
Market Wraps Watch For: Personal Income and Outlays; Employment Cost Index; University of Michigan Final Consumer Survey for July; Canadian GDP; earnings from Chevron, Exxon Mobil, Procter & Gamble Today’s Headlines/Must Reads – Banks Are Halting Stock Buybacks Again as New Capital Rules Loom – China’s Housing Troubles Derail a Developer’s Comeback – Facebook Bowed…
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US Futures Up, European Stocks Mixed as Investors Digest Central Bank Decisions
In the U.S. futures for the S&P 500 were up 0.5% and futures for the Dow Jones Industrial Average increased 0.3%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 dropped 0.3% in morning trading. Polymetal International rose 12.1% and ams-OSRAM added 12%. On the other…