Asian stock markets are mostly trading lower on Friday, following a weak lead from Wall Street where traders were reluctant to take fresh positions going into the long weekend and ahead of Greece's weekend referendum.
With traders reluctant to make any significant moves going into the long weekend, stocks showed a lack of direction over the course of the trading day on Thursday. The major averages bounced back and forth across the unchanged line before closing roughly flat.
While selling pressure has remained subdued, stocks have moved modestly lower over the course of the trading day on Thursday. The pullback comes as traders are expressing some trepidation going into the long weekend.
With traders reluctant to make any significant moves going into the long weekend, stocks are turning in a lackluster performance in early trading on Thursday. The major averages moved higher at the open but have pulled back near the unchanged line since then.
After moving mostly higher over the course of the two previous sessions, 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 54 points.
Early indications suggest that Wall Street's optimism has faded and nervousness has returned ahead of the release of the U.S. non-farm payrolls report for June, which is expected to show a healthy pace of job growth. The dollar is mostly higher, although the euro is seeing some bounce amid hopes that...
Following the rebound seen in the previous session, stocks continued to recover from Monday's sell-off during trading on Wednesday. The markets benefited from a positive reaction to the latest news about Greece as well as some upbeat U.S. economic data.
After moving sharply higher at the open, stocks continue to see notable strength in mid-day trading on Wednesday. Buying interest has waned from earlier in the session, however, leading the major averages to pull back well off their highs.
Stocks have moved mostly higher in early trading on Wednesday, adding to the gains posted in the previous session. The major averages have all climbed into positive territory, continuing to recover from Monday's sell-off.
With traders expressing optimism in reaction to the latest developments regarding Greece, stocks are likely to see early strength on Wednesday. The major index futures are currently pointing to a sharply higher open for the markets, with the Dow futures up by 160 points.
Trading in the U.S. index futures suggests that Wall Street may open Wednesday's session higher amid reports that Greece may be willing to accept all bailout proposals. In reaction to the reports, European stocks, which were seeing some strength on bargain hunting, spiked sharply. The euro has stemmed...
Canadian stocks snapped a three-day loss to end higher on Tuesday, tracking rising U.S. equity markets, even as data showed Canadian GDP logged an unexpected decline in April. Almost all sectors were in the green, with mining and financial sec
With the recent losing streak providing investors an opportunity...
While buying interest was somewhat subdued, stocks managed to end Tuesday's trading mostly higher. The gains on the day partly offset the steep drop seen in the previous session, although the major averages remain well off their recent highs.
After moving notably higher at the open, stocks have given back some ground over the course of the trading day on Tuesday. The major averages have pulled back well off their highs for the session but remain in positive territory.
With traders picking up stocks at reduced levels, stocks have moved mostly higher in early trading on Tuesday. The major averages have all climbed firmly into positive territory but remain well off their recent highs.