Stocks pushed modestly higher, buoyed by some better-than-expected earnings results from prominent companies like Alcoa Inc. (NYSE: AA).
US stocks advanced in early trade on Tuesday as Alcoa kicked off the earnings season by beating forecasts, while Japan’s pledge to buy eurozone bonds eased concerns about eurozones debt.
As the European debt crisis worsens there appears to be more help coming from Asia, with Japan on Tuesday offering to buy Irish bonds coming up for sale this month.
Stocks finished mixed, following a sell-off in Europe, on worries over Portugal possibly needing a financial bailout, ahead of the kick-off of the fourth-quarter earnings season.
Futures on major U.S. stock indices point to lower opening on Monday with futures on the S&P 500 down 0.58 percent, futures on the Dow Jones Industrial Average down 0.42 percent and Nasdaq100 futures down 0.40 percent.
The Dow Jones Industrial Average fell 22.55 points, or 0.19 percent, to finish at 11.674.76. At one point the Dow was down as much as 100 points. The S&P 500 dropped 2.35 points, or 0.18 percent, to 1271.50; while the Nasdaq shed 6.72 points, or 0.25 percent, to 2703.17.
Futures on major U.S. stock indices point to a lower opening on Friday as investors await key U.S. monthly non-farm payrolls and unemployment data from the government.
U.S. stocks finished mixed in queasy trading ahead of tomorrow’s nonfarm payroll report from the government. Investors also pondered a rise in initial jobless claims and some weaker-than-expected December sales from some major retailers.
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U.S. stocks opened flat in early trade on Thursday, following weaker-than-expected weekly jobless claims and December retail sales data.
Futures on major U.S. indices point to higher opening on Thursday ahead of key weekly jobless claims report from the government.
Stocks climbed, supported by a stunning jobs report from the private sector, raising hopes for a strong nonfarm payroll data on Friday.
U.S. stocks declined in early trade on Wednesday despite upbeat private sector employment report from ADP as commodities and natural resources stocks were hurt by strong dollar.
Futures on major U.S. indices pared earlier losses on Wednesday after ADP reported that private-sector employment recorded the largest monthly gain in December.
Futures on major U.S. indices point to a lower opening on Wednesday as investors eye on economic data including ADP national employment report and ISM non-manufacturing index.
Stocks finished mixed, and traders apparently were unimpressed by some good economic data on factory orders and auto sales, while commodities dropped on likely profit-taking.
Futures on major U.S. stock indices point to a higher opening on Tuesday with futures on the S&P 500 up 0.26 percent, futures on the Dow Jones Industrial Average up 0.33 percent and Nasdaq100 futures up 0.16 percent.
Stocks began 2011 with a bang – equities leaped, powered by some strong manufacturing data in the U.S. and Europe and by a generally bullish outlook for the new year.
US stocks advanced in early trade on Monday, the first trading day of 2011, on speculation that the economic recovery will continue after stocks ended with double digit gains in the previous year.
Stocks finish 2010 with a whimper amidst sluggish holiday trading, although equity indices delivered quite a strong year in performance.
Futures on major U.S. indices point to modestly lower opening on Friday, the last trading day of 2010.
Stocks fell modestly, despite some encouraging economic data, as investors likely locked in profits given the market’s nice rise in December.
