Stocks moved mostly lower over the course of the trading day on Tuesday, partly offsetting the strong upward move that was seen in the previous session. With the losses on the day, the Nasdaq dipped back below the 5,000 level.
After ending the previous session sharply higher, stocks have shown a significant move back to the downside during trading on Tuesday. The major averages have moved steadily lower for much of the session, sliding firmly into the red.
Stocks have moved mostly lower in early trading on Tuesday, giving back some ground after ending the previous session notably higher. After moving lower at the open, the major averages have subsequently slid more firmly into negative territory.
Following the strength seen in the previous session, stocks may give back some ground in early trading on Tuesday. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 41 points.
Early indications suggest that Wall Street stocks may open slightly lower, as the overbought levels of the major averages create uneasiness among traders. Meanwhile, Asian stocks closed mixed, reacting to the Wall Street cues and local cues. European stocks have turned mixed by the mid-session.
U.S. stocks rallied Monday despite a mixed batch of economic news, with the tech-heavy Nasdaq closing above 5,000 for the first time in fifteen years
Investors cheered after the People's Bank of China (PBOC) cut benchmark interest rates by 25 basis points to 5.35 percent on Saturday.
Sentiment on Wall Street is cautiously optimistic headed in Monday's trading. Strength overseas is boosting the market, helped by an unexpected rate cut by the People's Bank of China. However, there is some skepticism as to whether the major averages are ready to resume their upward momentum after mild profit taking late last week.
Trading in the U.S. index futures suggests that Wall Street stocks may open Monday's session slightly higher after turning in a mixed performance last week. Earlier in the global trading day, Asian stocks closed mostly higher, as an unexpected rate cut by the People's Bank of China infused some optimism into the markets.
After ending the previous session mixed, stocks moved mostly lower over the course of the trading day on Friday. Selling pressure was relatively subdued, however, limiting the downside for the markets.
After ending the previous session mixed, stocks are turning in another lackluster performance during trading on Friday. The major averages have shown only modest moves on the day, lingering near the unchanged line.
Stocks have moved modestly lower in early trading on Friday, although selling pressure has remained relatively subdued. The major averages have all dipped into negative territory after ending the previous session mixed.
Stocks may continue to experience choppy trading on Friday, as traders seem reluctant to make any significant moves. The major index futures are currently pointing to a modestly lower open for the markets, with the Dow futures down by just 9 points.
Stock futures point to a weak start on Wall Street Friday after a lackluster finish yesterday as investors digested a batch of mixed corporate earnings and economic reports. While the dollar found support from a higher-than-forecast increase in core inflation numbers and solid durable goods orders data,...
After ending the previous session roughly flat, stocks turned in another lackluster performance during trading on Thursday. The major averages fluctuated over the course of the trading day before ending the session mixed.
Stocks continue to show a lack of direction in mid-day trading on Thursday, extending the lackluster performance that was seen in the previous session. The major averages are once again showing only modest moves after ending Wednesday's trading nearly flat.