(RTTNews) - After moving mostly higher over the course of the two previous sessions, stocks could see some further upside in early trading on Thursday. The major index futures are currently pointing to a moderately higher open for the markets, with the Dow futures up by 50 points.
Technology stocks may help to lead the markets higher once again after seeing substantial strength during trading on Wednesday. Continue reading "Tech Stocks May Lead Wall Street Higher Once Again"
(RTTNews) - With technology stocks helped to lead the way higher, significant strength has emerged on Wall Street on Wednesday. The major averages have climbed firmly into positive territory, adding to the gains posted in the previous session.
The markets have benefited from considerable strength among tech stocks, which have shown a substantial move to the upside despite disappointing guidance from semiconductor giant Intel (INTC). Continue reading "Tech Sector Rally Pushing Stocks Higher Today"
(RTTNews) - After seeing considerable volatility in morning trading, stocks moved mostly higher over the course of the trading session on Tuesday. The markets benefited from a positive reaction to the latest batch of earnings news as well as the release of largely upbeat U.S. economic data.
The major averages moved roughly sideways going into the close, hovering firmly in positive territory. The Dow climbed 78.33 points or 0.6 percent to 12,805.54, the Nasdaq rose 13.10 points or 0.5 percent to 2,910.04 and the S&P 500 advanced 10.03 points or 0.7 percent to 1,363.67. Continue reading "Stocks Shrug Off Early Volatility To Close Firmly Positive"
(RTTNews) - The Federal Reserve is prepared to take further action to jump start the sluggish U.S. recovery, the nation's top central banker told lawmakers Tuesday morning.
However, Fed Chairman Ben Bernanke offered no hints that the central bank is specifically planning another round of quantitative easing.
"Reflecting its concerns about the slow pace of progress in reducing unemployment and the downside risks to the economic outlook, Continue reading "Bernanke: Fed Ready To Act, But No Mention Of QE3"
(RTTNews) - After trending lower in recent sessions, stocks showed a strong move back to the upside over the course of the trading day on Friday. The markets benefited from a positive reaction to some Chinese economic data as well as JP Morgan's (JPM) quarterly results.
The major averages saw continued strength going into the close, ending the day firmly in positive territory. The Dow jumped 203.82 points or 1.6 percent to 12,777.09, the Nasdaq surged up 42.28 points or 1.5 percent to 2,908.47 and the S&P 500 soared 22.02 points or 1.7 percent to 1,356.78. Continue reading "Stocks Close Sharply Higher Following Recent Weakness"
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