Choppy Trading May Persist On Wall Street

Choppy Trading May Persist On Wall Street
The major U.S. index futures are pointing to a roughly flat opening on Friday, with choppy trading likely to persist following the relatively lackluster seen in the previous session. Traders may be reluctant to make any significant moves as they continue to digest the Republican tax reform plan and attempt to assess the path forward for the proposal. A report... Read More

Tech Stocks May Lead The Way Back To The Upside

Tech Stocks May Lead The Way Back To The Upside
The major U.S. index futures are pointing to a higher opening on Tuesday following the weakness seen in the previous session. Tech stocks may regain ground following yesterday’s sell-off. Following the mixed performance seen last week, stocks moved mostly lower during trading on Monday. The tech-heavy Nasdaq showed a particularly steep decline. The major averages all ended the day in... Read More

Looming Fed Announcement May Lead To Choppy Trading On Wall Street

Looming Fed Announcement May Lead To Choppy Trading On Wall Street
The major U.S. index futures are pointing to a roughly flat opening on Wednesday after the major averages edged up to new record closing highs in the previous session. Traders are likely to be reluctant to make significant moves ahead of the Federal Reserve’s monetary policy announcement this afternoon. The announcement from the Fed is due at 2 pm ET,... Read More

Upward Momentum May Lead To Continued Strength On Wall Street

Upward Momentum May Lead To Continued Strength On Wall Street
The major U.S. index futures are pointing to a higher opening on Tuesday, with stocks poised to extend a recent upward move. Stocks may continue to benefit from recent upward momentum, with traders shrugging off a recent batch of disappointing economic data. Trading activity may be somewhat subdued, however, as traders may be reluctant to make significant moves ahead of... Read More

Futures See Further Downside Following Consumer Price Data

Futures See Further Downside Following Consumer Price Data
The major U.S. index futures are pointing to a lower opening on Thursday after the major averages edged up to new record closing highs in the previous session. The futures saw further downside following the release of a report from the Labor Department showing a bigger than expected increase in consumer prices in the month of August. Geopolitical concerns may... Read More

Concerns About Irma, North Korea May Weigh On Wall Street

Concerns About Irma, North Korea May Weigh On Wall Street
The major U.S. index futures are pointing to a lower opening on Friday following the mixed performance seen in the previous session. Concerns about the economic impact of Hurricane Irma may weigh on the markets, with the category 4 storm expected to make landfall in Florida early Sunday. FEMA Administrator Brock Long warned Irma continues to be a threat that... Read More