Category: Market Summary
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U.S. Stocks Recover Late In The Day To Close Roughly Flat
After seeing weakness throughout much of the session, stocks recovered in the latter part of the trading day on Wednesday. The major averages climbed well off their worst levels before eventually ending the session narrowly mixed. The Dow ended the day up 139.53 points or 0.3 percent at 43,408.47, while the S&P 500 (SPI:SP500) closed…
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Nvidia Earnings In Focus On Wall Street
The major U.S. index futures are currently pointing to initial strength on Wednesday, with stocks likely to see further upside after ending the previous session mostly higher. The upward momentum on Wall Street comes as traders look ahead to release of quarterly results from AI darling Nvidia (NASDAQ:NVDA) after the close of today’s trading. Nvidia,…
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U.S. Stocks Recover From Early Pullback To Close Mostly Higher
Stocks moved to the downside early in the session on Tuesday but showed a significant rebound over the course of the trading day. The Nasdaq and the S&P 500 climbed well off their early lows and into positive territory, although the narrower Dow remained stuck in the red. The major averages eventually ended the day…
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Escalating Tensions With Russia May Lead To Pullback On Wall Street
The major U.S. index futures are currently pointing to a lower open on Tuesday, with stocks likely to move back to the downside following the rebound seen in the previous session. The downward momentum on Wall Street comes amid concerns about escalating tensions between the U.S. and Russia. After President Joe Biden gave Ukraine permission…
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Nasdaq, S&P 500 Regain Ground But Dow Closes Modestly Lower
Following the sell-off seen during last Friday’s session, stocks moved back to the upside during trading on Monday. The Nasdaq and the S&P 500 regained ground, although the narrower Dow ended the day modestly lower. While the Nasdaq climbed 111.69 points or 0.6 percent to 18,791.81 and the S&P 500 (SPI:SP500) rose 23.00 points or…
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U.S. Stocks May Lack Direction Following Last Week’s Pullback
The major U.S. index futures are currently pointing to a roughly flat open on Monday, with stocks likely to show a lack of direction following the sell-off seen last Friday. Traders may take a step back to assess the recent volatility on Wall Street, which saw stocks rally to record highs on the heels of…
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U.S. Stocks Move Sharply Lower On Interest Rate Concerns
After coming under pressure late in Thursday’s session, stocks showed a more substantial move to the downside during trading on Friday. The major averages all moved sharply lower on the day, pulling back well off Monday’s record closing highs. The major averages climbed off their worst levels in late-day trading but remained firmly negative. The…
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Futures Pointing To Further Downside On Wall Street
The major U.S. index futures are currently pointing to a lower open on Friday, with stocks likely to see further downside after coming under pressure late in the previous session. Concerns about the outlook for interest rates may continue to weigh on Wall Street following Federal Reserve Chair Powell’s remarks on Thursday suggesting the central…
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U.S. Stocks Move To The Downside Following Powell Remarks
After showing a lack of direction for much of the session, stocks came under pressure in the latter part of the trading day on Thursday. The major averages slid more firmly into negative territory after spending most of the day bouncing back and forth across the unchanged line. The major averages ended the day just…
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Interest Rate Uncertainty 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 extend the lackluster performance seen in the previous session. Traders may be reluctant to make significant moves as they digest the latest U.S. economic data and look ahead to a speech by Federal Reserve Chair Jerome…