Wallstreet-013013_29Jul14-lg.jpg After showing a notable move to the upside in early trading on Tuesday, stocks showed a substantial downturn over the course of the session. Concerns about the impact of new sanctions against Russia weighed on the markets.
After moving mostly higher in early trading on Tuesday, stocks have given back ground over the course of the trading session. A negative reaction to news of new European sanctions against Russia contributed to the pullback by the markets.
Stocks have moved mostly higher in early trading on Tuesday after ending the previous session roughly flat. The major averages have climbed into positive territory, although there does not seem to be much conviction behind the upward move.
After ending the previous session roughly flat, stocks are likely to move to the upside in early trading on Tuesday. The major index futures are currently pointing to a higher open for the markets, with the Dow futures up by 44 points.


Wall Street Stays Defensive Ahead Of Consumer Confidence Data, Earnings

Early indications suggest that Wall Street stocks may open lower on Tuesday ahead of the release of earnings by companies such as Pfizer (PFE), Merck (MRK) and UPS (UPS), and economic data on house prices and consumer confidence. A 2-day FOMC meeting gets underway, although a decision is not expected...

China Shares May See Selling Pressure

The China stock market has moved to the upside now in six consecutive trading days, surging more than 125 points or 6.2 percent in that span. The Shanghai Composite Index settled just above the 2,180-point plateau, although the market is overdue for some profit taking on Wednesday. The global forecast...

Indian Shares Drift Lower On Profit Taking; Nifty At One-week Low

Indian shares fell modestly on Monday, with the broader Nifty index closing at its lowest level in a week, as investors took some profits in recent outperformers ahead of a market holiday tomorrow and the Reserve Bank of India's upcoming monetary policy review on August 3. The stock exchanges will remain...

Dollar Extends 2014 Highs Versus Euro, Fed Eyed

The dollar continued to strengthen against European rivals Tuesday as the Federal Reserve kicked off its two-day policy meeting in Washington, DC. Amid the backdrop of positive economic data, the Fed is widely expected to further trim its once-massive bond-buying plan by $10 billion per month. Traders...

Swiss Stocks Flat As UBS Falls

Swiss stocks were flat on Tuesday, underperforming gains in other European markets amid positive U.S. economic data. The Conference Board's U.S. Consumer Confidence Index rose to 90.9, above the prior month's showing of 86.4 -- the best reading since 2007. The Swiss Market Index rose 0.02 percent...

TSX Ends Near Flat Ahead Of Fed Policy -- Canadian Commentary

Canadian stocks ended a shade higher for a sixth straight session Tuesday, amid a slew of strong earnings and some mixed data from the U.S. with a bigger than expected improvement in consumer confidence in July. Investors also kept a close watch over the developments in Ukraine and the Middle East. Nonetheless,...

Crude Oil Ends Below $101 Ahead Of Supply Data, Fed Policy

U.S. crude oil ended lower for a second straight session on Tuesday, ahead of the Federal Reserve's rate decision and the official U.S. crude oil inventory data. The Federal Reserve, which concludes it two-day monetary policy meeting tomorrow, is widely expected to reduce its quantitative easing by...

Treasuries Close Moderately Higher Following Five-Year Note Auction

Treasuries saw some volatility over the course of the trading day on Tuesday but managed to maintain a positive bias and close moderately higher. Bond prices moved to the upside in afternoon trading but still closed well off their highs for the session.