Wallstreet2-111212_24Oct14.jpg Stocks moved notably higher over the course of the trading day on Friday after initially showing a lack of direction. The gains on the day extended the recent upward trend by the markets, with the tech-heavy Nasdaq reaching its best closing level in almost a month.
After initially showing a lack of direction, stocks have moved mostly higher over the course of the trading day on Friday. With the gains on the day, the markets are extending the upward trend seen over the past several sessions.
Stocks are showing a lack of direction in early trading on Friday after ending the previous session sharply higher. The major averages have been bouncing back and forth across the unchanged line, unable to sustain any significant moves.
Following the rally seen in the previous session, stocks may give back some ground in early trading on Friday. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 38 points.


Wall Street Sees Nervousness Amid Ebola Scare

Trading in the U.S. index futures show that Wall Street stocks may open Friday's session lower after yesterday's rebound. Reports of a New York physician contracting the ebola virus could be sentimentally negative for stocks as the economy traverses an uncertain recovery path. Stocks in the domestic markets may also focus on earnings releases and an economic data on new home sales.

Asian Markets Mixed Amid Cautious Trades

Despite a strong lead from Wall Street, Asian stock markets are exhibiting a mixed trend on Friday with investors treading a bit cautiously, reacting to news about a confirmed case of Ebola virus in New York.

Indian Shares Extend Gains For Fourth Day

India's benchmark indexes Sensex and Nifty rose for a fourth consecutive session Wednesday, buoyed by reform measures announced by the government recently. Global cues also remained supportive, with stocks rising broadly across the Asia-Pacific region as strong quarterly results from U.S. technology...

Dollar Fluctuates Ahead Of Crucial Fed Meeting

The dollar weakened Friday, unable to sustain much direction over the course of the week amid uncertainty about the timing of a U.S. interest rate hike. The Federal Reserve may provide some clarity next Wednesday with the release of their latest monetary policy statement. Markets expect the Fed...

Swiss Stocks End Week On A Down Note

Swiss stocks inched lower Friday but performed a bit better than other European markets ahead of Sunday bank ECB bank stress test results. The Swiss Market Index was down 0.16 percent to 8,532.09, with SGS trimming strong gains from the previous session. SGS lost 1.2 percent while Transocean has...

TSX Ends Higher On Agrium Gains -- Canadian Commentary

Canadian stocks ended higher for a second straight session on Friday, after some strong rally by Agrium offset sharp declines in the energy and mining sector, with some fairly stable new home sales data from the U.S. The uptick was, however, limited on declining crude oil prices and worries over the...

Crude Oil Ends Sharply Lower On Strong Supplies

U.S. crude oil ended sharply lower on Friday, on demand growth concerns after news of strong supply from the Middle East, with markets discounting reports that Saudi Arabia has cut its crude output. News that Saudi Arabia shipped lesser crude last month was dismissed by markets, indicating higher...

Treasuries Pull Back Further Off Highs On Upbeat Data From Overseas

Extending the downward trend seen over the past several sessions, treasuries moved notably lower during trading on Thursday. Bond prices moved steadily lower for much of the session but regained some ground going into the close.