wallstreet1-121214_01Jul16-lg.jpg While trading activity was somewhat subdued ahead of the long weekend, stocks managed to end Friday's trading day modestly higher. The gains on the day extended the substantial rally seen over the course of the three previous sessions.

After moving mostly higher earlier in the day, stocks have given back some ground over the course of trading session on Friday. The major averages have pulled back off their best levels of the day but remain in positive territory.


Stocks have moved mostly higher in morning trading on Friday, adding to the substantial gains posted in the three previous sessions. With the upward move, the major averages have nearly offset the sell-off seen in reaction to the Brexit vote.


Stocks may show a lack of direction in early trading on Friday after moving sharply higher over the course of the three previous sessions. The major index futures are currently pointing to a roughly flat open for the markets, with the Dow futures down by just 10 points.


Crude Oil Has Withstood Brexit Shock, Clings To $48

Crude oil futures were flat Friday, steady despite last week's surprising Brexit vote. August crude oil futures were down 4 cents at $48.28 a barrel, having zig-zagged back and forth around that level since the UK decided to leave the European Union. Markit is set to release its final U.S. manufacturing...

Sensex Closes Above 27000; Nifty Climbs Above 8300

Firm global cues on hopes of more monetary stimulus from major central banks and gains in rupee for the third day helped Indian shares finish higher for the fifth day in a row Friday. Activity in India's manufacturing sector hit a three-month high in June, backed by a stronger increase in new business...

Sensex, Nifty Seen Lower After Weak Data

Indian shares look set to open a tad lower on Friday after recent string of gains. Dampening investor enthusiasm about the domestic economy, a government report released late Thursday showed that India's core sector output slipped to a five-month low in May on account of a decline in output in sectors...

Dollar Little Changed As Holiday Weekend Approaches

The dollar is turning in a mixed performance against its major rivals Friday afternoon, but is little changed overall. The U.S. currency is down slightly against the Euro and the Japanese Yen, but is posting gains against the pound sterling. Some traders are remaining on the sidelines at the end of the...

The Swiss Stock Market Extended Its Gains & Finished The Week Sharply Higher

The Swiss stock market ended Friday's session in the green, brining its winning streak to four sessions. The market was up slightly in early trade and extended its gains after the positive opening of the U.S. markets. Despite the weakness at the beginning of the week, the market turned in its best weekly...

Canadian Stocks Make Comeback To Extend Win Streak -- Canadian Commentary

Canadian stocks nudged higher Thursday, bouncing back from early weakness as markets remained calm a week after the landmark Brexit vote. Lower commodity prices failed to keep Toronto's main index from a thrid straight daily advance. The S&P/TSX Composite Index was up 27.80 points, or 0.20 percent,...

Crude Oil Adds 2% For The Week

Crude oil prices rose Friday, ending a topsy turvy week marked by reaction to the UK's Brexit vote. WTI light sweet crude for August was up 66 cents at $49 a barrel. Prices were up 2 percent for the week. Baker Hughes said the U.S. oil-rig count rose 11 to 341 this week. Natural gas prices...

Treasuries Pull Back Off Best Levels But Still Close Higher

After seeing initial strength on Friday, treasuries gave back some ground as the day progressed but still closed higher. While bond prices pulled back off their best levels, they remained in positive territory.

Markets Look to End on an Up Note Despite Ebbing Momentum

The major U.S. index futures are pointing to a slightly higher opening on Friday, reflecting that fragile hopes markets are clinging onto concerning a smooth sailing for the global economy through the Brexit.  The mood across the Atlantic has turned markedly upbeat since mid-session in Europe amid political...
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