U.S. Stocks Close Nearly Flat As Fed Announcement Looms
WASHINGTON (dpa-AFX) - With traders looking ahead to the Federal Reserve s monetary policy announcement on Wednesday, stocks showed a lack of direction over the course of the trading day on Tuesday. The major averages spent the day bouncing back and forth across the unchanged line.
The tech-heavy Nasdaq posted a modest loss, slipping 48.56 points or 0.3 percent to 14,090.22, while the Dow and the S&P 500 closed nearly flat. The Dow inched up 3.36 points or less than a tenth of a percent to 33,984.93 and the S&P 500 edged down 0.90 points or less than a tenth of a percent to 4,186.72.
U.S. Stocks Turning In Lackluster Performance In Morning Trading
WASHINGTON (dpa-AFX) - Following the volatility seen over the past few sessions, stocks are turning in a lackluster performance in morning trading on Thursday. The major averages moved to the downside early in the session but have regained ground since then.
Currently, the major averages are turning in a mixed performance. While the Nasdaq is up 27.07 points or 0.2 percent at 13,977.29, the Dow is down 115.41 points or 0.3 percent at 34,021.90 and the S&P 500 is down 3.28 points or 0.1 percent at 4,170.14.
The choppy trading on Wall Street comes as traders seem reluctant to make significant moves amid uncertainty about the near-term outlook for the markets.
U.S. Stocks Continue To Give Back Ground In Morning Trading
WASHINGTON (dpa-AFX) - Stocks have moved mostly lower over the course of morning trading on Tuesday, extending the pullback seen in the previous session. The major averages have all slid firmly into negative territory.
The major averages have seen further downside in recent trading, falling to new lows for the session. The Dow is down 245.25 points or 0.7 percent at 33,832.38, the Nasdaq is down 112.74 points or 0.8 percent at 13,802.03 and the S&P 500 is down 26.31 points or 0.6 percent at 4,136.95.
The weakness that has emerged on Wall Street comes as traders continue to cash in on the recent strength in the markets.
Profit Taking Contributes To Extended Pullback On Wall Street
WASHINGTON (dpa-AFX) - Following the pullback seen in the previous session, stocks saw further downside during the trading day on Tuesday. The major averages all showed notable moves to the downside on the day.
The major averages climbed off their worst levels of the day but still closed firmly in negative territory. The Dow slid 256.33 points or 0.8 percent to 33,821.30, the Nasdaq slumped 128.50 points or 0.9 percent to 13,786.27 and the S&P 500 fell 28.32 points or 0.7 percent to 4,134.94.
The weakness that emerged on Wall Street came as traders continued to cash in on the recent strength in the markets.
WASHINGTON (dpa-AFX) - After an early move to the upside, the Dow remains firmly positive in mid-day trading on Wednesday. The blue chip index is currently hovering near the record intraday high