ADVFN US – Market Content Editor
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Private Sector Employment Up Less Than Expected In February
A report released by payroll processor ADP on Wednesday showed private sector employment in the U.S. increased by much less than expected in the month of February. ADP said private sector employment rose by 77,000 jobs in February after climbing by an upwardly revised 186,000 jobs in January. Economists had expected private sector employment to…
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Futures Pointing To Roughly Flat Open On Wall Street
The major U.S. index futures are currently pointing to a roughly flat open on Wednesday, with stocks likely to show a lack of direction after moving sharply lower in recent sessions. The futures had been pointing an initial rebound on Wall Street but gave back ground following the release of a report from payroll processor…
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U.S. Stocks Close Mostly Lower As Recovery Attempt Evaporates
After moving sharply lower early in the session, stocks staged a valiant recovery attempt over the course of the trading day on Tuesday only to once again come under pressure going into the close. The tech-heavy Nasdaq ended the day down 65.03 points or 0.4 percent at 18,285.16 after plunging by as much as 2.1…
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Trade War Concerns Likely To Weigh On Wall Street
The major U.S. index futures are currently pointing to a lower open on Tuesday, with stocks likely to see further downside after coming under pressure over the course of the previous session. Concerns about a global trade war are likely to weigh on Wall Street after President Donald Trump’s tariffs on imports from Canada, Mexico…
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U.S. Stocks Move Sharply Lower On Tariff Concerns
After showing a lack of direction early in the session, stocks moved sharply lower over the course of the trading day on Monday. The major averages all showed significant moves to the downside, with the tech-heavy Nasdaq plunging to a four-month closing low. The major averages climbed off their worst levels going into the close…
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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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Consumer Price Inflation Up As Expected In January
Closely watched readings on U.S. consumer price inflation increased in line with economist estimates in the month of January, according to a report released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.3 percent in January, matching the increase seen in December as well…
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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…