Stocks showed a lack of direction over the course of the trading day on Friday after failing to sustain an initial upward move. Despite the choppy trading, the Dow once again managed to end the session at a new record closing high. The major averages turned in a mixed performance on the day.
After failing to sustain an initial upward move, stocks have shown a lack of direction over the course of the trading day on Friday. The Dow and the S&P 500 reached new record highs in early trading but have given back ground since then.
After showing a notable move to the upside at the open, stocks remain mostly positive in early trading on Friday. The major averages have not seen much follow-though on their initial upward move but remain above the unchanged line.
With traders reacting positively to the results of Scotland's independence referendum, stocks are likely to extend their recent upward move in early trading on Friday. The major index futures are currently pointing to a higher open for the markets, with the Dow futures up by 74 points.
With another headwind turning a tailwind, Wall Street stocks are set to open higher on Friday. Recent fears of the economic impact from a possible splintering of the U.K. receding following Scotland opting to stay with the U.K., the markets across the globe have seen a relief rally.
After ending the previous session mostly higher following the Federal Reserve's monetary policy announcement, stocks saw further upside during trading on Thursday. The gains on the day lifted the Dow and the S&P 500 to new record closing highs.
After moving mostly higher early in the session, stocks have continued to perform well over the course of the trading day on Thursday. The gains on the day have lifted both the Dow and the S&P 500 to new record intraday highs.
Stocks have moved mostly higher in early trading on Thursday, extending a recent upward move by the markets. The major averages have all climbed into positive territory, with the Dow reaching 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 44 points.
Trading in the U.S. index futures suggests that Wall Street stocks may open higher on Thursday after the modest advances notched up yesterday on the back of the FOMC decision. With more economic data, including the housing starts, jobless claims and manufacturing activity data, due for the session, the markets may show some reaction to the data. Global cues are positive, with Asian stocks closing
Asian markets are exhibiting a mixed trend on Thursday with investors treading cautiously despite a positive lead from Wall Street where the major averages ended higher overnight following the U.S. Federal Reserve's decision to maintain interest rates at record lows till 2015.
Stocks saw some volatility following the release of the Federal Reserve's monetary policy announcement on Wednesday but managed to end the day modestly higher. With the upward move, the Dow reached a new record closing high.
While buying interest has remained somewhat subdued, stocks continue to see modest strength in mid-day trading on Wednesday. The Dow has pulled back off its new record intraday high but remains in positive territory.
Stocks have moved modestly higher in early trading on Wednesday, extending the upward move seen in the previous session. The major averages have all moved to the upside, with the Dow reaching a new record intraday high.
After ending the previous session notably higher, stocks may show a lack of direction in early 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 2 points.