Adam Turnquist

U.S. stocks are gearing up for a cautious start following last week’s record run, with the index futures currently showing mixed sentiment. Tech stocks could extend the strength but it remains to be seen if that pervades into the broader market. Market strategists are upbeat about the...

Stocks look set to end May on a positive note, even as index futures pointed to a negative opening on Friday. But sentiment could reverse if important inflation data due ahead of the market open appeases Wall Street. The inflation data assumes importance as it could have a bearing on the June 11-12...

The recent market recovery shows signs of a slight falter. Index futures indicate a mixed open on Tuesday. Negative reactions to earnings from AI-linked company Palantir Technologies (NYSE:PLTR) could weigh on the tech sector. Surprisingly, Walt Disney Co. (NYSE:DIS) shares fell...

The traditional Wall Street adage “sell in May and go away” may not hold water this year, as analysts debunk the myth with strong evidence of positive stock market performance during the historically weak May-October period. What Happened: The six-month period from May to October is...

Tech earnings could come to the market’s rescue as traders remain jittery about the outcome of key inflation data due on Friday. AI giants Alphabet, Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) and Microsoft Corp. (NASDAQ:MSFT) set a positive tone for tech companies with strong...

Oil prices kicked off the new week on a bullish trajectory, with spot contracts for light crude West Texas Intermediate (WTI) surging above $82 per barrel, marking a return to levels last observed in early November 2023. The surge in oil prices is propelled by tightened conditions in the global...

Chinese stocks have staged a notable recovery in recent sessions, buoyed by speculations of potential government interventions to bolster the struggling market. On Thursday, an analyst suggested that a bullish upswing might be on the horizon, basing his assessment on technical indicators...

U.S. stocks may face challenges in maintaining their upward momentum on Wednesday, as index futures suggest a flat start. In the absence of significant catalysts, the market might experience a lack of direction, especially given the low trading volume typical of the holiday period, which could cast...

Index futures are gaining momentum on Tuesday, signaling an acceleration upward as the “Santa Claus” rally takes hold. Adding to the positive sentiment is an early Christmas gift from the Bank of Japan, which has maintained its ultra-loose monetary policy. Traders will also be...

U.S. stock futures indicate a cautious opening on Monday after the market’s seven consecutive weekly winning streak. As the time window for the Santa Claus rally rapidly approaches, investors are expressing concern about the quality of the market run-up thus far. Nevertheless,...

November 2023 was a good month for the stock market. The benchmark S&P 500 index rallied 8.9%. Exchange-traded funds that closely track the index, namely – the SPDR S&P 500 (NYSE:SPY), the iShares Core S&P 500 ETF (NYSE:IVV) and the Vanguard S&P 500 ETF (NYSE:VOO) – also...

Editor’s note: This story has been updated to reflect the U.S. markets have normal trading hours Wednesday, and the market is closed Thursday for the Thanksgiving holiday. Sentiment appears to have reversed course after Tuesday’s pullback, with stock futures pointing to a modestly...

The beginning of the week brought mixed performance for stocks on Wall Street, with the major indices trading close to the flatline during midday trading in New York following strong performance in the previous week. The S&P 500 index is in the midst of its fifth consecutive day of gains, while...

Wall Street started the week on a positive note, as all major U.S. indices and every sector within the S&P 500 showed gains during the morning session, alleviating the concerns that arose on Friday. Traders deduced from the better-than-expected Q3 earnings reports of major U.S. banks, that the...

It’s a red Tuesday for the U.S. stock market, with all major indices on Wall Street plummeting by over 1% during midday trading in New York. This downward spiral can be attributed to the relentless surge in yields on U.S. Treasuries. The 10-year yield has shattered the 4.75% barrier,...