Extending the rally seen in the previous session, stocks are posting strong gains in mid-day trading on Thursday. The upward move seen over the past two days has partly offset the sell-off that was seen in the preceding sessions.
Stocks have moved sharply higher in early trading on Thursday, adding to the substantial gains posted in the previous session. The major averages have climbed firmly into positive territory, bouncing further off the one-month lows set on Tuesday.
After ending the previous session substantially higher, stocks are likely to see further upside in early trading on Thursday. The major index futures are currently pointing to a sharply higher open for the markets, with the Dow futures up by 214 points.
Early indications suggest that Wall Street stock may open solidly higher on Thursday, as the Swiss central bank made a surprise announcement of taking rates to negative territory. Coming close on heels of dovish FOMC policy statement, the announcement should offer encouragement to traders, who are plagued by worries about the global economy.
Stocks moved sharply higher over the course of the trading on Wednesday, partly offsetting the steep losses posted over the past few sessions. A positive reaction to the Federal Reserve's monetary policy statement contributed to the rebound.
After moving moderately higher in early trading on Wednesday, stocks have seen some further upside over the course of the trading day. The gains on the day are partly offsetting the steep losses posted over the past few sessions.
Stocks have moved mostly higher in early trading on Wednesday, regaining some ground after moving sharply lower over the past few sessions. The major averages have climbed into positive territory, although buying interest has remained relatively subdued.
After moving sharply lower over the past few sessions, stocks are likely to move back to the upside in early trading on Wednesday. The major index futures are currently pointing to a higher open for the markets, with the Dow futures up by 68 points.
Trading in the U.S. index futures suggests that Wall Street stocks may bounce back from a 3-session slide even as European stocks trade amid caution. Earlier in the global trading day, Asian stocks closed mixed. The focus of the session is on the FOMC policy statement and the ensuing press briefing by the Fed Chair. Fears of monetary policy normalization have aggravated.
Stocks saw substantial volatility over the course of the trading session on Tuesday before ending the day notably lower. The losses on the day extended the downward trend shown by the markets over the past several sessions.
Stocks have shown a substantial turnaround over the course of the trading day on Tuesday after moving lower at the open. The major averages have bounced well off their lows for the session and climbed firmly into positive territory.
While stocks moved lower at the start of trading on Tuesday, selling pressure waned not long after the open. The major averages have subsequently rebounded, with the Dow and the S&P 500 climbing into positive territory.
Stocks are likely to come under pressure in early trading on Tuesday, extending the downward trend seen over the past several sessions. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 49 points.
Trading in the U.S. index futures suggests that Wall Street stocks may open higher on Tuesday after the recent sell-off has made valuations attractive. However, traders' perspective of the attractiveness of the oversold stocks when weighed against the economic and geopolitical risks could determine the direction of the markets.
U.S. stocks are poised for a sharply higher open Monday, rebounding from significant losses in the previous session amid merger news and steady crude oil prices.
Crude oil was stable near $58 after last week's epic collapse.
Futures for the Dow Jones Industrial Average jumped 100 points, or 0.7%,...