US Market Commentary

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wallstreet-082914.jpg U.S. stocks ended another strong week on a high note, with the S&P 500 setting all-time highs above the 2,000 milestone. Relatively upbeat readings on consumer sentiment and Midwest business conditions had Wall Street in a good mood for most of the session. Volume was light as many traders got...

U.S. stocks are poised for a slightly higher open Friday, in what is expected to be a very quiet session ahead of the Labor Day weekend. With many traders away from their desks getting a head start on the last summer holiday, stocks are likely to hold monthly gains despite mounting tensions between...

wallstreet-101008_25Aug14.jpg Trading in the U.S. index futures suggests that Wall Street stocks may open slightly higher on Friday after yesterday's lackluster showing. Asian stocks closed mixed in an uneventful session, while the European markets are trading in a lackadaisical fashion. The domestic markets may now focus on a couple of economic data on consumer spending and regional manufacturing activity.

wallstreet2-082814.jpg U.S. stocks finished lower on Thursday, with the S&P 500 snapping a three-session win streak to end below 2,000. The optimism that has recently driven the major averages to strong gains was never present today despite a better-than-expected reading on second quarter GDP. Revised figures announced...

U.S. stocks are poised for a decent start to Thursday's session after a better-than-expected reading on second quarter economic growth. The U.S. economy grew at a slightly faster 4.2 percent annual pace in the second quarter, up from the 4 percent growth rate first reported, the Commerce Department...

wallstreet-101008_25Aug14.jpg The optimistic resolve that helped the markets to withstand a pullback yesterday may be put to test on Thursday, as they await directional cues. The major U.S. index futures currently point to a lower opening after Asian stocks closed mixed. The major European averages are also currently lower. The mood in the domestic markets may also hinge on a couple of reports.

wallstreet2-082714.jpg Wall Street was quiet on Wednesday as the major averages bounced around the unchanged mark for most of the session. The S&P 500 failed to extend record highs after posting its first close above 2,000 on Tuesday. The S&P 500 added a fraction to 2,000.12, while the Dow Jones Industrial Average rose...

Wallstreet3-111212_22Aug14.jpg It has been a sluggish day on Wall Street. The major averages are showing slight gains during mid-afternoon trading, but they have bounced around the unchanged mark for most of the session. The S&P 500 is struggling to hold above the 2,000 mark after closing above that level the day before.

wallstreet-082714.jpg U.S. stocks were poised for a lackluster open Wednesday, with the S&P 500 clinging to the 2,000 mark following yesterday's record closing high above level. Futures for the Dow Jones Industrial Average rose 12 points, or 0.1%, to 17,109, while those for the S&P 500 index were holding at 2000.00. Futures...

wallstreet-101008_25Aug14.jpg Trading in the U.S. index futures suggests that traders may still muster up courage to expand holdings in stocks despite the recent buoyancy. The major U.S. index futures point to a higher opening on Wednesday after Asian stocks closed higher, while the European markets are seeing a lackluster mood amid the release of some insipid economic data.

wallst2-082614.jpg U.S. stocks edged higher on Tuesday, with the S&P 500 posting its first-ever finish above the 2,000 mark as strong economic data and a flurry of merger news contributed to buying interest. Led by energy stocks, the S&P 500 rose 2.1 points, or 0.1%, to 2,000.02 after touching an intraday record just...

Wallstreet3-111212_22Aug14.jpg Stocks are showing some modest gains in mid-afternoon trading on Tuesday. The advance has taken the S&P 500 above the 2,000 mark, as strong economic data contributed to buying interest. Consumer confidence in the U.S. improved for the fourth consecutive month in August, fueling hope that the U.S. economy is starting to build steam.

wallstreet-082614.jpg U.S. stocks are poised to open slightly higher Tuesday morning, building on strong gains from the previous session. A much better than expected report on U.S. durable goods orders help drive stock futures into positive territory ahead of the opening bell on Wall Street. Orders for U.S. durable...

wallstreet-101008_25Aug14.jpg The momentum that lifted some of the key averages to important levels seems to be slowing, as the markets prepare to receive more economic data. The major index futures are pointing to a narrowly mixed opening on Tuesday. Global cues are not very encouraging, with Asian stocks closing mostly lower, while the European markets are also seeing weakness.

wallstreet2-082514.jpg The S&P 500 rose above 2,000 for the first time on Monday as U.S. stocks rode a wave of merger news to yet another strong session on Wall Street. The positive tone was set overnight in Europe where equities rallied on hopes for stimulus from the European Central Bank. European Central Bank President...