ADVFN US – Market Content Editor
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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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U.S. Retail Sales Up Slightly More Than Expected
Partly reflecting a jump in sales by motor vehicle and parts dealers, the Commerce Department released a report on Friday showing retail sales in the U.S. increased by slightly more than expected in the month of October. The Commerce Department said retail sales rose by 0.4 percent in October after growing by an upwardly revised…
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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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Dogecoin Price Zooms On Election Result
The “Trump Bump” which has seen Bitcoin and other cryptocurrencies soar following the U.S. presidential election has been apparent in the world of memecoins, which are displaying market exuberance. Memecoins have no utility in the real world, and are entirely driven by sentiment. They are currently delivering enormous returns. One cryptocurrency which has benefited from…
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First-Time U.S. Unemployment Benefit Claims Down Unexpectedly
First-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended November 9th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims slipped to 217,000, a decrease of 4,000 from the previous week’s unrevised level of 221,000. Economists had expected jobless claims to inch up…
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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…