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U.S. Stocks Extend Last Friday’s Rebound But Close Well Off Highs
After rebounding last Friday but still posting steep weekly losses, stocks continued to regain ground during trading on Monday. The major averages all moved to the upside over the course of the session. The major averages pulled back well off their highs going into the end of trading but remained in positive territory. The Dow…
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U.S. Retail Sales Show Modest Rebound In February
After reporting a notable decrease by U.S. retail sales in the previous month, the Commerce Department released a report on Monday showing a modest rebound by retail sales in the month of February. The Commerce Department said retail sales rose by 0.2 percent in February after tumbling by a revised 1.2 percent in January. Economists…
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Dow Jones, S&P, Nasdaq, Futures Pointing To Roughly Flat Open On Wall Street
The major U.S. index futures for Dow Jones, S&P and Nasdaq are currently pointing to a roughly flat open on Monday, with stocks likely to show a lack of direction after rebounding last Friday but still posting steep weekly losses. Uncertainty about the near-term outlook for the markets may keep some traders on the sidelines…
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U.S. Stocks Show Significant Rebound But Still Post Steep Weekly Losses
Following the sell-off seen over the course of Thursday’s session, stocks showed a substantial move back to the upside during trading on Friday. The major averages all moved sharply higher, with the tech-heavy Nasdaq posting a standout gain. The major averages reached new highs for the session going into the close of trading. The Nasdaq…
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Dow Jones, S&P, Nasdaq, Wall Street May Rebound Sharply Due To Bargain Hunting
U.S. Market Outlook for Dow Jones, S&P, and Nasdaq Futures for major U.S. stock indexes Dow Jones, S&P, and Nasdaq indicate a strong rebound at Friday’s opening, suggesting a recovery from the previous session’s sharp decline. Investors may see this as an opportunity to buy stocks at a discount after Thursday’s significant sell-off, which pushed…
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Gold Price Breaks Past $3,000 As Trump’s Tariff Mayhem Continues
After hitting an all-time high yesterday, the gold price (PM:XAUUSD) has now broken above $3,000. Markets continue to be driven downwards by President Trump’s tariffs – not just the tariffs themselves, but also the uncertainty of the continual changes, with policies being announced and then reversed. Yesterday, the major US markets all fell. The money…
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U.S. Stocks Move Sharply Lower, S&P 500 Enters Correction Territory
Stocks moved sharply lower over the course of the trading day on Thursday, more than offsetting the gains posted during Wednesday’s session. The major averages tumbled to six-month closing lows, with the S&P 500 entering correction territory more than 10 percent below February’s record highs. The major averages ended the day off their worst levels…
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Gold Price Hits All-Time High As Markets Spooked By Trump Tariffs
The gold price (PM:XAUUSD) rose today to hit an all-time high of 2,970.74, surpassing its previous record high in February. The price has been driven up by persistent worries about President Trump’s tariffs. Fears of an economic fallout from his aggressive trade policies have seen the major stock markets fall, with gold being seen as…
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U.S. Producer Prices Unexpectedly Flat In February
With an increase in prices for goods offset by a decrease in prices for services, the Labor Department released a report on Thursday showing producer prices in the U.S. were unexpectedly flat in the month of February. The Labor Department said its producer price index for final demand was unchanged in February after climbing by…
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Dow Jones, S&P, Nasdaq, Ongoing Tariff Threats May Lead To Initial Pullback On Wall Street
The major U.S. index futures for the Dow Jones, S&P, and Nasdaq are currently pointing to a modestly lower open on Thursday, with stocks likely to move back to the downside after ending the previous session mostly higher. Ongoing concerns about President Donald Trump’s trade policies may weigh on Wall Street after he suggested the…