Dow rises, S&P 500, NASDAQ take aim at records
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U.S. stock futures inch higher
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Dow Jones Today: S&P 500, Nasdaq Retreat From Record Highs as Stocks Edge Lower Amid Earnings Deluge
Stock futures wavered between slight gains and losses Tuesday morning as investors reacted to quarterly results from a slew of major companies.
US stocks closed mixed on Monday, but the Nasdaq Composite and S&P 500 managed to notch fresh records. Wall Street began a busy week of Big Tech-highlighted earnings and eyed the
The moves come after Wall Street saw a winning session, with the S&P 500 posting fresh intraday and closing records.
Stock futures were mostly lower early Thursday as the market continued to assess the likelihood of President Donald Trump firing Federal Reserve Chair Jerome Powell. Futures on the Dow Jones Industrial Average slipped 61 points,
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Petroleum futures were lower midday Tuesday with diesel down sharply.
Stocks were taken on a wild ride Wednesday as a White House official indicated to CNBC that Trump was moving closer to firing Powell from his post as Fed Chair.
From the technical point of view, SP500 settled above the resistance at 6280 – 6290 and is heading towards the 6350 level. A move above this level will open the way to the test of the 6400 level. RSI remains in the moderate territory, so there is plenty of room to gain momentum in the near term.
The Dow Jones Industrial Average (DJIA) remains trapped in consolidation around the 44,400 region on Tuesday. Earnings week is in full swing, and a few key misses on Tuesday gave investors cause for pause, twisting a kink into the tech rally and dragging down key blue chips.