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Markets Dip, Signaling Pause In Rally As Focus Shifts To Next Week's Fed Decision: Analyst Says Brace For More Volatility Near Term
Friday, March 17, 2023 - 1:07pm | 1073Risk aversion escalated on Wall Street Friday, with all major indices trading in the red, as investors remain skeptical about the stability of the banking sector in the wake of recent turmoil in the U.S. and Europe. Cues From Friday's Trading: First Republic Bank (NYSE: FRC) plummeted...
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US Stocks Poised For Mixed Start As Banking Crisis Continue To Play Out: Focus Shifts To Data, ECB Decision
Thursday, March 16, 2023 - 6:45am | 1360Indecision is writ all over the face of the market despite Wednesday's late-session recovery attempt. Shares of Credit Suisse Group AG (NYSE: CS), which dragged the broader market lower in the previous session, are rebounding strongly after the bank announced mitigatory measures and...
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As ChatGPT Frenzy Grows, Here's How Much $1000 Invested In Nvidia During October Lows Would Be Worth Now
Thursday, March 16, 2023 - 6:01am | 758Shares of graphics chipmaker Nvidia Corp. (NASDAQ: NVDA) wilted amid the tech rout in 2022, with its China exposure exerting further downward pressure. The stock has made a strong comeback this year and has remained fairly resilient amid the market sell-off seen since mid-February. What's...
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Nasdaq, S&P Futures Plunge As Credit Suisse Crisis Deepens, Bringing Banks Back In Spotlight
Wednesday, March 15, 2023 - 7:11am | 1459The euphoria over Tuesday’s inflation numbers has apparently given way to skepticism, with index futures retreating sharply early Wednesday. Traders get to digest another set of key economic data points to make their conclusions about Fed’s potential March move. Cues From Tuesday...
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Nasdaq, S&P 500 Futures Stretch Gains After February Inflation Prints In Line With Expectations
Tuesday, March 14, 2023 - 8:44am | 1200Trading in the U.S. index futures suggests stocks could strive to pick up some momentum after Monday’s listless performance. The fallout of the collapse of the SVB Financial Group (NASDAQ: SIVB)-owned Silicon Valley Bank has put Tuesday’s February inflation print on...
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Nasdaq Futures Climb Solidly After Past Week's Rout: Analyst Flags Key S&P 500 Support To Stay Above October Lows
Monday, March 13, 2023 - 6:55am | 1476After the market mayhem seen last week, some semblance of normalcy could return to Wall Street, thanks to the government’s move to assuage concerns in response to the banking crisis. The mood is likely to remain nervous as headlines on the banking fiasco continue to drop in. Cues...
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US Stocks Poised To Open Lower After Thursday's Plunge: Can Jobs Data Help Reverse Sentiment?
Friday, March 10, 2023 - 7:18am | 1037Trading in the U.S. index futures suggests stocks could extend their sell-off on Friday, although the jobs report due ahead of the market open could change the entire complexion depending on how the numbers shape up. Cues From Thursday’s Trading: Thursday saw panic selling in the market as...
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US Stocks Could Tread Water As Traders Wait To See Off Friday's Jobs Data
Thursday, March 9, 2023 - 7:39am | 1168U.S. stocks are priming for a negative start on Thursday after the recovery attempt in Wednesday’s session culminated in a mixed close. Traders may wait and watch Friday's job data before plotting their next moves. Cues From Wednesday’s Trading: On Wednesday, the major indices...
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US Stocks Listless As Jerome Powell Heads To Capitol Hill: Analyst Sees Potential For Double-Digit Returns Despite Challenging Rate Outlook
Tuesday, March 7, 2023 - 7:42am | 1193Trading in the U.S. index futures suggests the markets may start Tuesday’s session modestly higher ahead of the first day of Fed Chair Jerome Powell’s two-day Congressional testimony. Cues From Monday’s Trading: On Monday, U.S. stocks squandered much of their gains and...
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US Stocks Could Consolidate As S&P 500, Nasdaq Futures Tick Up Ahead Of Fed Chair Powell's Congressional Testimony
Monday, March 6, 2023 - 7:36am | 1160Stocks could pause on Monday after returning to winning ways in the past week, as the focus shifts to Fed Chair Jerome Powell’s two-day Congressional testimony this week. Cues From Last Week’s Trading: U.S. stocks advanced in the week ended March 3, with the S&P 500 Index snapping...
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US Stocks Look To Snap String Of Weekly Losses As Futures Signal Positive Start Ahead Of Service Sector Data, Fed Speeches
Friday, March 3, 2023 - 8:14am | 1288U.S. stocks have returned to their cautious ways after their resilience performance on Thursday. The major index futures point to a modestly higher opening on Friday. Cues From Thursday’s Trading: The major averages advanced on Thursday, as traders digested mixed corporate tidings and ...
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Resilient Stocks Look To Break Free As Nasdaq, S&P 500 Futures Climb: Brace For More Volatility, Sideways Movement Near Term, Says Analyst
Wednesday, March 1, 2023 - 8:01am | 1521Stocks could attempt to return to their winning ways on Wednesday following the lackluster performance in the previous session. Mixed earnings news flow could, however, act as a dampener. Cues From Tuesday’s Trading: The major averages opened uniformly lower and turned mixed thereafter...
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Nasdaq, S&P 500 Futures Flatline Ahead Of Housing, Consumer Data: Analyst Pins Hopes On Dollar, Fed Rates To Keep Flickering Rally Hopes Alive
Tuesday, February 28, 2023 - 7:45am | 1405Trading in the U.S. index futures suggests stocks may start Tuesday’s session slightly higher, although the mood could be cautious ahead of some key economic data on the housing market, business activity and consumer confidence. Cues From Monday’s Trading: U.S. stocks, which saw...
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Nasdaq, S&P 500 Futures Rebound In New Trading Week But Rising Bond Yields Remain A Risk
Monday, February 27, 2023 - 7:47am | 1283US stocks are coming off a lackluster week and early indications suggest a reversal in sentiment in the new trading week. While rising bond yields could be a cause of concern, the recent weakness could trigger bargain-hunting-related buying. Cues From Past Week’s Trading: The major averages...
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US Stocks Stare At More Losses In a Lackluster Week: Can Inflation Data Salvage Year's Rally?
Friday, February 24, 2023 - 7:10am | 1233See-sawing sentiment continues to persist on Wall Street, as index futures signal weakness on Friday after Thursday's positive close. A key inflation reading due ahead of the market opening may largely provide direction to the market in the final trading session of the week. Cues From...