wallstreet-down-040218_22mar19-lg.jpg Stocks moved sharply lower over the course of the trading session on Friday, more than offsetting the rally seen in the previous session. The Nasdaq and the S&P 500 pulled back well off Thursday's five-month closing highs.

After coming under pressure early in the session, stocks have seen further downside over the course of the trading session on Friday. The Nasdaq and the S&P 500 are pulling back sharply after ending the previous session at their best closing levels in well over five months.


Stocks have moved sharply lower in morning trading on Friday, giving back ground following the rally seen in the previous session. The major averages moved lower at the open and have seen further downside since then.


Following the rally seen in the previous session, stocks may give back ground in early trading on Friday. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 171 points.


Wall Street Sees Red

Existing Home Sales, Flash Composite PMI for March Wholesale Trade Data are the major highlights on Friday. Investors are closely monitoring geopolitical developments, especially the Brexit that worries the European region and developments in North Korea. The U.S.-China Trade tensions continue to...
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Sensex Snaps Eight-day Winning Streak, Nifty Ends At 11,457

Indian shares closed lower on Friday as worries over economic growth and trade uncertainty prompted traders to book some profits after recent string of gains. Sentiment was also dented after Fitch Ratings cut India's GDP growth forecast for the next financial year to 6.8 percent from its previous...
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Sensex, Nifty Seen Opening Flat To Higher

Indian shares may open largely unchanged on Friday as traders return to their desks after a public holiday the precious day on account of Holi festival. A dovish Fed policy stance and growing expectations that Modi's Bharatiya Janata Party will be able to win a majority with alliances in the upcoming...
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Concerns Over 'No-Deal' Brexit Drags Down Pound

The pound was defensive against its key counterparts in the European session on Thursday, as fears over a "no-deal" Brexit intensified on the possibility of U.K. Prime Minister Theresa May's Brexit deal being failed for a third time in U.K. Parliament. With just eight days left for the U.K. to leave...
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Swiss Stocks Decline Sharply, End Lower For 3rd Straight Session

The Switzerland stock market declined sharply on Friday amid mounting worries about global economic growth after the latest data showed a significant slowdown in manufacturing and services sectors activity in the eurozone.
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TSX Settles Notably Lower As Stocks Tumble On Growth Worries

The Canadian stock market tumbled on Friday, hurt by disappointing data on Canadian retail sales and consumer inflation, global economic slowdown and a sharp drop in crude oil prices.
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Oil Futures Settle Sharply Lower On Growth Concerns

Crude oil prices drifted lower on Friday as weak economic data raised worries about global growth and triggered concerns about a likely drop in fuel demand.
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Treasuries Pull Back Off Best Levels But Close Firmly Positive

After ending the previous session roughly flat, treasuries showed a significant move to the upside during trading on Friday. Bond prices pulled back off their best levels in afternoon trading but remained firmly in positive territory.
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Profit Taking May Lead To Pullback On Wall Street

The major U.S. index futures are currently pointing to a lower opening on Friday, with stocks likely to give back ground following the rally seen in the previous session. Profit taking may contribute to initial weakness on Wall Street after the strong upward move seen on Thursday lifted the Nasdaq...
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