While the Dow continues to linger near the unchanged line in afternoon trading, the tech-heavy Nasdaq has shown a significant move to the downside. Currently, the Nasdaq is down 136.15 points or 1.0 percent at 13,140.27. The S&P 500 is also down 15.02 points or 0.4 percent at 4,268.83, while the Dow is up 15.22 points or 0.1 percent at 33,588.50.
While the International Space Station was traveling approximately 270 miles over the coast of Brazil, a SpaceX Dragon cargo spacecraft autonomously docked to the station's Harmony module, with NASA astronaut Woody Hoburg monitoring operations. The SpaceX Dragon launched as part of the company's 28th contracted commercial resupply services mission for NASA on Monday from the US space agency's Kenn
Extending the lackluster performance seen to start the week, stocks continue to experience choppy trading on Wednesday. The major averages are bouncing back and forth across the unchanged line for the third straight session.
A report released by the Commerce Department on Wednesday showed the U.S. trade deficit widened significantly in the month of April. The Commerce Department said the trade deficit increased to $74.6 billion in April from a revised $60.6 billion in March.
Primary Biliary Cholangitis is a rare, progressive, chronic autoimmune disease of the liver in which the small bile ducts are gradually destroyed, causing bile and other toxins to build up in the liver (known as cholestasis). Further damage can lead to scarring, fibrosis and eventually cirrhosis of the liver.
After showing a lack of direction over the two previous sessions, stocks may continue to experience choppy trading on Wednesday. The major index futures are currently pointing to a slightly higher open for the markets, with the S&P 500 futures up by just 0.1 percent.
The U.S. trade deficit report for April might get attention on Wednesday.
Asian shares were positive at the closing, while European shares are trading mostly up.
Early cues from the U.S. Futures Index suggest that Wall Street might mostly up.
As of 7.40 am ET, the Dow futures were down 6.00...
The following are some of the stocks making big moves in Wednesday's pre-market trading (as of 07.20 A.M. ET).
Germany's industrial production grew at a slower than expected pace in April raising possibilities for another economic contraction in the second quarter. Industrial output advanced 0.3 percent on month, in contrast to the 2.1 percent decrease in March, data from Destatis showed on Wednesday. The growth rate was well below the expected 0.6 percent.
Shares of Inditex SA were gaining around 6 percent in the morning trading in Spain after the clothing firm that owns Zara reported Wednesday significant growth in its first-quarter profit on higher revenues as well as the absence of a prior year provision. Regarding the second quarter to date, the company said its store and online sales in constant currency between May 1 and June 4 increased 16..
European shares were subdued on Wednesday, as Chinese trade data came in below expectations and investors exercised caution ahead of key central bank meetings next week.
Meanwhile, data showed German industrial output rose less than expected in April. Industrial production in the eurozone's largest...
UK house prices were unchanged in May after a slight upturn in the first quarter as higher interest rates started to squeeze household budgets, results of a survey by Lloyds Bank subsidiary Halifax showed on Wednesday. House prices were stable on a monthly basis in May following a 0.4 percent fall in April, the survey revealed. That was in line with economists' expectations.
The U.S. Consumer Product Safety Commission or CPSC, along with Golden, Colorado-based Boppy Co., urged consumers to stop using recalled Boppy Newborn Loungers, following reports of more infant deaths. They also asked online marketplaces to stop selling the recalled product. The company in September 2021 had recalled over 3.3 million infant lounging pillows after it was connected with deaths of 8
European stocks may open on a steady note Wednesday despite Chinese trade data coming in below forecasts.
China's exports fell an annual 7.5 percent last month, a sharp drop from an 8.5 percent increase in April and the 0.4 percent fall expected, according to figures published by the official Xinhua...
Stocks showed a lack of direction over the course of the trading day on Tuesday, extending the lackluster performance seen in the previous session. The major averages once again spent the day bouncing back and forth across the unchanged line.