ADVFN US – Market Content Editor
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Nasdaq, S&P 500 Snap Five-Day Losing Streaks As Stocks Rally
After trending lower over the past several sessions, stocks showed a strong move back to the upside during trading on Friday. The major averages all moved sharply higher, with the tech-heavy Nasdaq leading the charge. The major averages pulled back off their best levels in late-day trading but remained firmly positive. The Nasdaq surged 340.88…
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U.S. Stocks May Move To The Upside In Early Trading
The major U.S. index futures are currently pointing to a higher open on Friday, with stocks likely to move to the upside after ending yesterday’s volatile session modestly lower. Traders may once again look to pick up stocks at reduced levels following recent weakness on Wall Street, which has seen the Nasdaq and the S&P…
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U.S. Stocks Finish Volatile Session Modestly Lower
Stocks moved notably higher early in the session on Thursday but failed to sustain the upward move and fluctuated over the course of the trading day. The major averages swung back and forth across the unchanged line in morning trading before sliding more firmly into negative territory in the early afternoon only to regain ground…
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U.S. Unemployment Benefit Claims Down Unexpectedly
First-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended December 28th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims slipped to 211,000, a decrease of 9,000 from the previous week’s revised level of 220,000. The dip surprised economist, who had expected jobless…
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Futures Pointing To Initial Strength On First Trading Day Of 2025
The major U.S. index futures are currently pointing to a higher open on Thursday, with stocks likely to begin the new year on an upbeat after slumping in the final days of 2024. Traders may look to pick up stocks at relatively reduced levels following the notable downward move seen to close out last year.…
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U.S. Stocks Move To The Downside But Post Strong Gains For 2024
Stocks showed a lack of direction early in the session on Tuesday but moved mostly lower over the course of the trading day. The tech-heavy Nasdaq led the downward move, slumping to its lowest closing level in a month. The Nasdaq slid 175.99 points or 0.9 percent to 19,310.79 and the S&P 500 (SPI:SP500) fell…
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S&P/Case-Shiller HPI Rises 4.2%, Signaling Continued Real Estate Stability Despite Slight Slowdown
The latest S&P/Case-Shiller House Price Index (HPI), which tracks price fluctuations of single-family homes in 20 major metropolitan areas, showed a 4.2% increase — slightly above the expected 4.1%. Although this result indicates a slowdown compared to the previous reading of 4.6%, the difference relative to market estimates was not significant. These figures suggest that…
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Bargain Hunting, Window Dressing May Lead To Rebound On Wall Street
The major U.S. index futures are currently pointing to a higher open on Tuesday, with stocks likely to regain ground following the steep drop seen over the two previous sessions. Traders may look to pick up stocks at relatively reduced levels following the recent pullback, which dragged the major averages down near the one-month lows…
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U.S. Stocks Climb Off Worst Levels But Close Sharply Lower
After moving sharply lower early in the session, stocks regained some ground over the course of the trading day on Monday but remained firmly in negative territory. The major averages added to the steep losses posted last Friday. The Dow climbed off its worst levels after tumbling by more than 700 points in early trading…
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December Chicago Business Barometer and November Pending Home Sales Insights
MNI Indicators is scheduled to release its report on Chicago-area business activity in the month of December at 9:45 am ET. The Chicago business barometer is expected to rise to 42.5 in December from 40.2 in November, but a reading below 50 would still indicate contraction. At 10 am ET, the National Association of Realtors…