ADVFN US – Market Content Editor
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Nasdaq Closes Firmly In Positive Territory But Dow Edges Lower
After ending last Friday’s trading on opposite sides of the unchanged line, the major U.S. stocks indexes turned in another mixed performance during trading on Monday. While the tech-heavy Nasdaq ended the day firmly in positive territory, the Dow dipped to its lowest closing level in four months. The Nasdaq climbed 88.45 points or 0.7…
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U.S. Stocks May See Further Downside In Early Trading
US Market The major U.S. index futures are currently pointing to a lower open on Monday, with stocks likely to extend the notable weakness seen in the third quarter. Concerns about the outlook for interest rates may continue to weigh on the markets ahead of the release of the Labor Department’s closely watched monthly jobs…
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North American Morning Briefing: Stock Futures, Yields Rise After Shutdown Averted
Market Wraps Watch For: ISM Report on Business Manufacturing PMI for September; Fed speech from Jerome Powell, Patrick Harker, Loretta Mester Today’s Top Headlines/Must Reads: – Rising Rates Likely Hit Bank Balance Sheets in Quarter – China’s Economy Likely to Slow in 2024 as Headwinds Persist, World Bank Says – The Apartment Market is Hitting…
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US Futures, European Stocks Rise Ahead of European Manufacturing PMI
In the U.S. futures for the S&P 500 were up 0.7% and futures for the Dow Jones Industrial Average climbed 0.6%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 gained 0.4% in morning trading. Samhaellsbyggnadsbolaget added 5% and NN Group rose 4.2%. On the other…
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Top Company News of the Day: PG&E, Tesla, UAW, X
PG&E’s $6 Billion Plan to Prevent Wildfires Is in Peril California regulators are likely to significantly restrict the number of power lines the company can bury in the coming years in favor of other ways to reduce fire risk. For Tesla’s Cybertruck, Another Sales Launch Date Comes and Goes The EV maker, known for ambitious…
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U.S. Stocks Pare Early Gains; Dow Down Nearly 230 Points
U.S. stocks are drifting lower Friday afternoon, paring early gains, with investors turning cautious, weighing the latest batch of economic data and speculating the possible interest-rate path of the Federal Reserve. Concerns about the prospect of a government shutdown weigh as well on the market. The major averages all started off on a positive note,…
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Crypto This Friday: ChatGPT May Boost Crypto Potential, 3AC Co-founder Detained, and More
AI Innovation: ChatGPT Raises Potential in Crypto Industry with Significant Updates Sam Altman, founder of OpenAI, unveiled enhancements in ChatGPT, promising to transform the cryptography sector. The model, known for cryptocurrency price predictions, can now access web information in real-time, overcoming its previous data limitations up to September 2021. This allows for more accurate insights…
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Futures Pointing To Extended Rebound On Wall Street
US Market The major U.S. index futures are currently pointing to a higher open on Friday, with stocks likely to add to the gains posted in the previous session. Bargain hunting may contribute to continued strength on Wall Street, as traders continue to pick up stocks at relatively reduced levels. While the Nasdaq and the…
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Friday’s Wall Street Highlights: New Integrated, Nike, Tesla, Alphabet, and more
US index futures are trading higher in pre-market on Friday, striving to stay positive on the final trading day of September, awaiting American inflation data. Recent days have been turbulent due to heightened investor concerns about interest rates. At 6:59 AM, Dow Jones futures (DOWI:DJI) rose 154 points, or 0.45%. S&P 500 futures rose 0.46%…
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North American Morning Briefing: Mood Improves as Key Inflation Gauge Eyed
Market Wraps Watch For: Chicago Business Barometer – ISM-Chicago Business Survey for September; Personal Income and Outlays for August; University of Michigan Final Consumer Survey for September; Canada GDP for July; Carnival earnings Today’s Headlines/Must Reads – Consumer Spending Could Flash Mixed Signals. Here’s What You Need to Watch – Investors’ Bets on Mother Nature…