Trading in the U.S. index futures suggests that Wall Street stocks may open slightly higher on Friday after yesterday's lackluster showing. Asian stocks closed mixed in an uneventful session, while the European markets are trading in a lackadaisical fashion. The domestic markets may now focus on a couple of economic data on consumer spending and regional manufacturing activity.
The optimistic resolve that helped the markets to withstand a pullback yesterday may be put to test on Thursday, as they await directional cues. The major U.S. index futures currently point to a lower opening after Asian stocks closed mixed. The major European averages are also currently lower. The mood in the domestic markets may also hinge on a couple of reports.
Trading in the U.S. index futures suggests that traders may still muster up courage to expand holdings in stocks despite the recent buoyancy. The major U.S. index futures point to a higher opening on Wednesday after Asian stocks closed higher, while the European markets are seeing a lackluster mood amid the release of some insipid economic data.
The momentum that lifted some of the key averages to important levels seems to be slowing, as the markets prepare to receive more economic data. The major index futures are pointing to a narrowly mixed opening on Tuesday. Global cues are not very encouraging, with Asian stocks closing mostly lower, while the European markets are also seeing weakness.
After trending higher over the past several sessions, stocks showed a lack of direction throughout the trading day on Friday before closing roughly flat. A muted reaction to a highly anticipated speech by Federal Reserve Chair Janet Yellen contributed to the lackluster performance.
With traders seemingly reluctant to make any significant moves, stocks continue to show a lack of direction in mid-day trading on Friday. Nonetheless, the markets are largely holding on to the bulk of their recent gains.
Stocks have shown a lack of direction in early trading on Friday after showing a strong move to the upside over the past several sessions. The major averages have been bouncing back and forth across the unchanged line.
After trending higher over the past several sessions, stocks may give back some ground 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 19 points.
Although easing of geopolitical tensions was a welcome respite for the markets, the mood is still cautious, given the uncertain economic backdrop. The major U.S. index futures point to a slightly lower opening on Friday after Asian stocks ended on a mixed note, while the European markets are seeing some...
While buying interest was somewhat subdued, stocks moved mostly higher over the course of the trading day on Thursday. The gains on the day extended the recent upward trend by the markets, lifting the S&P 500 to a new record closing high.
Stocks have largely maintained a positive bias over the course of the trading day on Thursday, although the major averages are turning in a mixed performance in mid-day trading.
With traders digesting a slew of largely upbeat U.S. economic data, stocks have moved mostly higher in early trading on Thursday. The gains on the day have lifted the Dow back above 17,000, while the S&P 500 has reached a new record intraday high.
After ending the previous session mostly higher, stocks may see some further upside in early trading on Thursday. The major index futures are currently pointing to a higher open for the markets, with the Dow futures up by 36 points.
Wall Street looks set to start Thursday's session higher even as traders digest weak Chinese manufacturing data and mixed private sector activity data from the eurozone. Global cues are mixed, with Asian stocks ending mixed, while the European markets are advancing. Positive financial results from Hewlett-Packard...
Stocks fluctuated over the course of the trading day on Wednesday before ending the session mostly higher. The Dow and the S&P 500 both finished the day in positive territory, although the tech-heavy Nasdaq posted a modest loss.