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.
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.
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.
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.
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.
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...
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...
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.
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.
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...
Stocks moved mostly higher over the course of the trading day on Monday, adding to the gains posted last week. While buying interest was somewhat subdued, the Dow and the S&P 500 still reached new record closing highs.
After moving notably higher in early trading, stocks remain mostly positive in mid-day trading on Monday. Buying interest has remained somewhat subdued, however, limiting the upside for the markets.
Stocks have moved mostly higher in early trading on Monday, adding to the gains posted last week. The major averages have all moved to the upside, although buying interest has remained somewhat subdued ahead of the holiday on Thursday.
After moving mostly higher last week, stocks may see some further upside in early trading on Monday. The major index futures are currently pointing to a higher open for the markets, with the Dow futures up by 42 points.
Trading in the U.S. index futures suggests that Wall Street stocks may open Monday's session slightly higher, as expectations concerning central bank support gains ground. The optimism is despite the overbought levels at which the major averages trade. Earlier in the day, Asian stocks closed mostly higher,...