wallstreet-112414_21May15-lg.jpg U.S. stocks were generally lower Friday after hawkish remarks from Federal Reserve Chair Janet Yellen, who said the central bank will likely raise interest rates this year, as long as economic activity picks up. In a speech to the Chamber of Commerce in Providence, R.I., Yellen said transitory factors...

Following the strength seen in the previous session, stocks are turning in a lackluster performance in early trading on Friday. The major averages are lingering near the unchanged line after ending Thursday's trading modestly higher.


Wall Street stocks may open Friday's session on a nervous note, as indicated by the trading in the U.S. index futures, which point to a narrowly mixed opening. Asian stocks closed higher earlier in the global trading day, while the European markets are seeing mixed sentiment amid the release of final German GDP data and business confidence reading.


Asian stock markets are mostly higher on Friday, tracking the positive lead overnight from Wall Street. Meanwhile, the Japanese market is edging lower amid cautious trades, ahead of the Bank of Japan's monetary policy decision later in the day.


Stocks See Modest Strength, S&P 500 Sets New Record High - U.S. Commentary

Stocks moved modestly higher during trading on Thursday, although buying interest was somewhat subdued. With the upward move, the S&P 500 ended the session at a new record closing high, while the Nasdaq closed just shy of a new high.

Japanese Market Edges Lower Ahead Of BOJ Rate Decision

The Japanese stock market edged lower on Friday amid cautious trades, as investors await the Bank of Japan's monetary policy decision later in the day. In late-morning trades, the benchmark Nikkei 225 Index is down 26.40 points or 0.13 percent to 20,176.47, off a low of 20,160.83 earlier. On Thursday,...

Indian Shares End Flat On Mixed Global Cues

The Indian markets closed marginally lower on Thursday, as disappointing quarterly results from Tata Steel, downbeat manufacturing data out of China and renewed worries over Greece offset investor optimism that the Federal Reserve is unlikely to raise interest rates anytime soon. The rupee, however,...

Dollar Rising Sharply On Inflation Data & Yellen Comments

The dollar is up sharply against its major rivals at the end of the trading week. The U.S. currency has received a boost from the U.S. inflation data released this morning, as well as comments from Federal Reserve Chair Janet Yellen this afternoon. Consumer prices in the U.S. rose in line with economist...

The Swiss Stock Market Dipped Friday, But Finished Higher For The Week

The Swiss stock market ended Friday's session with a modest decrease. The market declined Friday morning, but recovered some ground in the afternoon, after the release of the U.S. inflation data. The difference between the daily high and the daily low was only 60 points. Despite today's slight pull...

TSX Ends Lower After Yellen Comments, Inflation Data -- Canadian Commentary

Canadian stocks ended a tad lower Friday, ahead of the U.S. Memorial Day holiday weekend, on weakness in commodity prices and after some hawkish remarks from U.S. Federal Reserve Chair Janet Yellen, who said the central bank will likely raise interest rates this year, as long as economic activity picks...

Crude Oil Ends Lower As Dollar Strengthens

U.S. crude oil ended snapped a two-day gain to end lower on Friday, as the dollar strengthened against a select band of currencies with investors weighing the Federal Reserve stand on holding interest rates at zero for the time being. For the week, oil futures gained about 3 cents. This is the tenth...

Treasuries Move Higher In Reaction To Economic Data

After ending the previous session modestly higher, treasuries saw some further upside over the course of the trading day on Thursday. Bond prices initially showed a lack of direction but climbed firmly into positive territory as the day progressed.

Consolidation Likely Ahead of Long Weekend

The major U.S. index futures are pointing to a slightly lower opening on Friday, with sentiment reflecting nervousness of traders in the final trading session of the week ahead of Monday’s Memorial Day holiday. The dollar is back on its way higher following the release of the consumer price inflation...
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