wallstreet1-103112_28Jul16.jpg With traders digesting a mixed batch of earnings news, stocks are turning in a relatively lackluster performance in mid-day trading on Thursday. The major averages are showing only modest moves after closing mixed in each of the two previous sessions.

After closing mixed in each of the two previous sessions, stocks have moved modestly lower in morning trading on Thursday. Selling pressure has remained relatively subdued, however, limiting the downside for the markets.


After showing a lack of direction over the course of the two previous sessions, stocks may continue to experience choppy trading on Thursday. The major index futures are currently pointing to a modestly lower open for the markets, with the Dow futures down by 21 points.


Early indications suggest that Wall Street stocks may open Thursday's session on a nervous note, as more earnings loom. Most earnings reported after the close on Wednesday were encouraging, with Facebook leading the list of companies releasing stellar results. The jobless claims report is the lone piece of market moving Main Street event for the day.


Stocks Close Mixed For Second Consecutive Session - U.S. Commentary

Stocks showed a lack of direction throughout much of the trading session on Wednesday before ending the day mixed. The choppy trading on the day extended the lackluster performance that was seen in the previous session.

Sensex Rises 184 Points On GST Hopes, Nifty Closes At 8666

Indian shares rose notably on Thursday, even as global markets turned more defensive in the wake of mixed earnings results, little clarity in the Federal Reserve's policy statement on the next rate hike and amid caution ahead of the Bank of Japan's policy review, due Friday. Domestic sentiment was...

Sensex, Nifty Seen Flat To Higher Despite Weak Asian Cues

Indian shares are seen opening flat to slightly higher on Thursday after the Union Cabinet cleared changes in the GST Constitutional Amendment Bill, dropping the 1 percent manufacturing tax and providing for full compensation to states for any revenue loss in the first five years of roll out of the new...

Dollar Mixed After Fed Leaves Rates Unchanged

The dollar is turning in a mixed performance against its major rivals Wednesday afternoon. The Federal Reserve concluded its 2-day policy meeting this afternoon and, as expected, held steady on interest rates. However, the Fed opened the possibility of a rate hike in September, noting that "near-term...

The Swiss Stock Market Dropped With Weakness In Credit Suisse & Clariant

The Swiss stock market ended Thursday's session solidly in negative territory. The market got off to a positive start, but came under increasing pressure over the course of the session. Shares of Credit Suisse and Clariant were in focus following their financial reports. Investors had their first...

Canadian Stocks Are Down In Choppy Trade -- Canadian Commentary

The Canadian stock market got off to a weak start Thursday, before briefly rising into positive territory. The market has since slipped back into the red as gold stocks have turned lower. Strong gains among the mining stocks has helped the market to overcome weakness in other sectors. Energy stocks are...

Crude Oil Steadies At $42 Despite Surprise US Inventories Build

Crude oil futures steadied Thursday morning after significant declines earlier in the week. A weaker dollar in the wake of yesterday's Federal Reserve interest rate statement helped oil to stabilize. The Fed's interest rate outlook remains cloudy, with many analysts saying it they won't tighten...

Treasuries Close Notably Higher Following Fed Announcement

After ending the previous session slightly higher, treasuries showed a strong move to the upside during trading on Wednesday. Bond prices moved notably higher over the course of the trading day before closing firmly in positive territory.

Mixed Earnings Stifle Risk Appetite

The major U.S. index futures are pointing to a lower opening on Thursday,?with  sentiment not getting a real lift in the wake of mixed earnings news flow. That said, a tech deal announced earlier in the day, involving Oracle, could support the space. Commodities are all higher and the dollar is weaker,...
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