wallstreet4-103112_25Jul14.jpg Stocks came under pressure in early trading on Friday and remained firmly in the red throughout the remainder of the trading session. With the losses on the day, the S&P 500 pulled back well off yesterday's record closing high.
After coming under pressure in early trading, stocks have seen some further downside over the course of the trading day on Friday. With the losses on the day, the S&P 500 is pulling back well off the record closing high that it set in the previous session.
With disappointing earnings news generating some selling pressure, stocks have moved mostly lower in early trading on Friday. The major averages have slid firmly into negative territory after ending the previous session nearly flat.
After showing a lack of direction throughout much of the previous session, stocks may move to the downside in early trading on Friday. The major index futures are currently pointing to a modestly lower open for the markets, with the Dow futures down by 23 points.


Wall Street Plagued By Doubts Amid Looming Threats

Sentiment on Wall Street has turned cautious on Friday after the averages showed resilience yesterday. The markets' resolve is likely to be put to test once again, as traders get to digest another spate of earnings flow and economic data on durable goods orders. Tech earnings released yesterday after...

Indian Shares Fall On Profit Taking

Indian shares fell notably on Friday as investors locked in some profits in the absence of any major triggers. The markets were due for correction after sharp gains in the previous eight sessions. The benchmark S&P BSE Sensex ended the session down 145.10 points or 0.55 percent at 26,126.75, while...

Indian Shares Seen Little Changed After Recent Gains

Indian shares are seen opening on a lackluster note Friday, tracking mixed global cues and as investors pause for breath after eight consecutive sessions of gains. Underlying sentiment, however, may remain positive amid renewed capital inflows as investors bet big on the economic revival under the pro-business...

Dollar Extends Rally Versus Euro

The dollar continued to strengthen against major rivals on Friday, touching a new 8-month peak versus the euro amid downbeat German economic data. A reading on German business confidence fell short of expectations, sparking fresh concerns about the pace of euro zone growth. Traders are betting...

Swiss Stocks Tumble On European Economic Malaise

Swiss stocks succumbed to afternoon selling selling pressure on Friday, as traders feared geopolitical conflicts could disrupt the global economic recovery. Also, a reading on German business confidence fell short of expectations, sparking fresh concerns about the pace of euro zone growth. The...

TSX Ends Higher On Global Cues -- Canadian Commentary

Canadian stocks ended higher for a fourth straight session Friday, amid some upbeat durable goods data from the U.S., despite lingering concerns over the situation in Ukraine and the Middle East. The uptick was led mostly by financial, gold, and material stocks, with energy stocks trending down on some...

Crude Oil Ends Flat On Geopolitical Tensions

U.S. crude oil ended a tad higher on Friday, after some upbeat data with some better than expected orders for durable goods from the U.S., with investors continued focus on the developments in the Middle East and Ukraine. Investors continued to monitor the developments in Ukraine and the Middle East,...

Treasuries Move Back To The Upside Amid Geopolitical Concerns

After ending the previous session firmly in the red, treasuries showed a strong move back to the upside during trading on Friday. Bond prices moved notably higher in early trading and continued to perform well throughout the session.