US Market Commentary

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wallstreet1-103112_28Nov14.jpg With traders reacting to a sharp drop by the price of crude oil, stocks are turning in a mixed performance in early trading on Friday. The major averages have moved in opposite directions but are showing only modest changes.

Wallstreet2-111212_28Nov14.jpg Following the Thanksgiving Day holiday on Thursday, stocks may show a lack of direction during an abbreviated trading session on Friday. The major index futures are currently pointing to a mixed open for the markets.

Gold prices are down sharply Friday morning, with traders looking ahead to the Swiss vote on the quantum of gold reserves the central bank would have to hold. Switzerland is holding a national referendum this Sunday, with a yes vote necessitating the central bank to hold a minimum of 20 percent of its reserves in gold.

Crude oil prices are near a 4-1/2 year low Friday morning, hurt by the decision of the Organization of Petroleum Exporting Countries to maintain the cartel's output target at 30 million barrels a day.

wallstreet-112414_28Nov14.jpg Trading in the U.S. index futures suggests that Wall Street stocks may get off to a nervous start in the truncated session on Friday. With most traders away from their desk on account of Thanksgiving Day, volumes may taper further, which would render less credence to any move made in the session. Asian...

Gold prices are lower Thursday morning, falling to a one-week low, as traders await the Swiss referendum on gold reserves. Switzerland is holding a national referendum this Sunday that would require the central bank to hold a minimum of 20 percent of its assets in gold.

wallstreet4-103112_26Nov14.jpg After turning in a lackluster performance for much of the session, stocks managed to end Wednesday's trading mostly higher. The gains lifted the Dow and the S&P 500 to new record closing highs, while the Nasdaq reached its best levels since 2000.

wallstreet1-103112_26Nov14.jpg After ending the previous session roughly flat, stocks have continued to show a lack of direction throughout the trading day on Wednesday. The choppy trading comes following the release of a slew of U.S. economic data.

Wallstreet-013013_26Nov14.jpg With traders digesting a slew of U.S. economic data, stocks are turning in a lackluster performance in early trading on Wednesday. The major averages are once again showing only modest moves after ending the previous session nearly flat.

wallstreet-111614_26Nov14.jpg After showing a lack of direction throughout the previous session, stocks may continue to experience choppy trading on Wednesday. The major index futures are currently pointing to a roughly flat open for the markets, with the Dow futures down by just 6 points.

wallstreet-041012_26Nov14.jpg Early indications suggest that Wall Street stocks may open slightly higher on Wednesday even as the mood remains apprehensive ahead of the release of a slew of market moving economic data. Asian stocks closed mostly higher earlier in the day, while the European markets are gaining ground, adding to the...

Wall-street2-112514.jpg Stocks were little changed Tuesday, unable to sustain any direction following a mixed batch of economic data, including an upbeat reading on U.S. third quarter GDP. The S&P 500 closed 2.37 points, or 0.1 percent, lower at 2,067.04. The index touched a new record high before turning lower in the final...

wallstreet1-103112_25Nov14.jpg After failing to sustain an initial upward move, stocks have shown a lack of direction over the course of early trading on Tuesday. The major averages have been bouncing back and forth across the unchanged line.

Wallstreet3-111212_25Nov14.jpg Following the strength seen in the previous session, stocks may extend their upward trend in early trading on Tuesday. The major index futures are currently pointing to a higher open for the markets, with the Dow futures up by 37 points.

wallstreet-101008_24Nov14.jpg Trading in the U.S. index futures suggests that Wall Street stocks may open slightly higher on Tuesday after stocks braved profit taking in yesterday's session. Asian stocks closed mixed in the session, while the European markets are broadly steady after fairly positive economic data that has served...