Wallstreet4-111212_17Apr14.jpg After trending higher over the past few sessions, stocks showed a lack of direction throughout the trading day on Thursday. The major averages spent the session bouncing back and forth across the unchanged line before ending the day mixed. While the major averages closed on opposite sides of the unchanged line, they all showed only modest moves.
Stocks continue to show a lack of direction in mid-day trading on Thursday, extending the lackluster performance seen earlier in the session. The major averages have spent the day bouncing back and forth across the unchanged line.
After moving notably higher over the past few sessions, stocks are turning in a lackluster performance in morning trading on Thursday. The major averages have been showing modest moves, holding close to the unchanged line.
While trading activity may be somewhat subdued ahead of the long weekend, stocks may attempt to extend their recent upward move in early trading on Thursday. The major index futures are currently pointing to a modestly higher open for the markets, with the Dow futures up by 14 points.


Wall Street Reverts To Caution As Tech Earnings Disappoint

The mood on Wall Street has turned cautious once again after the gains of the previous three sessions. The major U.S. index futures point to a modestly lower opening on Thursday. With the extending weekend looming ahead, traders may prefer to remain cautious, especially as some tech earnings released...

Thai Shares May Inch Lower On Friday

The Thai stock market has finished higher now in back-to-back sessions, gathering nearly 20 points or 1.4 percent along the way. The Stock Exchange of Thailand closed just below the 1,410-point plateau, and now the market may dip Friday on profit taking. The global forecast for the Asian markets is...

Indian Shares Snap Three-day Losing Streak; Banks Lead Rally

Indian shares rose sharply on Thursday after global ratings agency Standard and Poor's signaled it may upgrade India's rating outlook if the incoming government implements policies such as passing a goods and services tax that effectively addresses some of the credit weaknesses. Global cues remained...

Dollar Barely Budges Ahead Of Easter Break

The dollar was narrowly mixed in quiet dealing versus other majors on Thursday, as traders got a head start on the Easter holiday. There was little reaction to the day's economic news, including a slightly downbeat reading on the U.S. jobs sector. The dollar was steady at $1.3812 versus the euro,...

Swiss Stocks Turn Higher, Led By UBS

Swiss stocks rallied to end the abbreviated week on high note, as traders went bargain hunting ahead of the Easter holiday. The Swiss Market Index (SMI) rose 52 points, or 0.63 percent, to 8,375.08. Big banks performed well, led by UBS with a 2 percent gains. Biotech major Actelion posted first-quarter...

TSX Ends Higher Ahead Of Long Weekend -- Canadian Commentary

Canadian stocks ended higher for a fourth straight session on Thursday, tracking rising global equity stocks on the back of some recent encouraging economic reports from the U.S. and China. Investors digested a couple of U.S. economic reports and Canadian inflation data, while sluggish commodities and...

Crude Oil Ends Higher; Gains 0.5% For Week

U.S. crude oil moved up for a second straight session to end at a more than six-week high on Thursday, after some encouraging economic data from the U.S. with Fed Chief Janet Yellen's statement on the state of the economy lifting sentiments, notwithstanding a huge surge in U.S. crude stockpiles last...

Treasuries Fall Sharply On Upbeat Data, Easing Ukraine Worries

Treasuries moved sharply lower in an abbreviated session on Thursday amid upbeat economic data and easing concerns about the situation in Ukraine. After moving lower morning trading, treasuries accelerated to the downside in the afternoon before close firmly in negative territory.