Author: The INO.com Team

(RTTNews) - Stocks may move back to the upside in early trading on Wednesday after trending lower in recent sessions. The major index futures are currently pointing to a moderately higher open for the markets, with the Dow futures up by 43 points.

Bargain hunting is likely to contribute to any early strength on Wall Street, with some traders looking to pick up stocks at reduced levels following the recent weakness in the markets. The losses seen on Tuesday pulled the major averages down to new three-month closing lows. Continue reading "Stocks May Regain Some Ground In Early Trading" →

(RTTNews) - After showing a lack of direction for much of the session, stocks came under pressure in the latter part of the trading day on Tuesday. Worries about Greece weighed on the markets once again, overshadowing a batch of largely upbeat U.S. economic data.

The major averages moved roughly sideways going into the close, stuck firmly in negative territory. The Dow fell 63.35 points or 0.5 percent to 12,632.00, the Nasdaq slipped 8.82 points or 0.3 percent to 2,893.76 and the S&P 500 dropped 7.69 points or 0.6 percent to 1,330.66. Continue reading "Stocks Close Lower As Greece Faces New Elections" →

(RTTNews) - Stocks saw considerable weakness during trading on Monday, as traders expressed continued concerns about the latest developments overseas. The losses on the day extended a recent downward for the markets, which have trended lower for most of May.

After falling sharply at the open, the major averages staged a recovery in mid-day trading but moved back to the downside going into the close. The Dow fell 125.25 points or 1 percent to 12,695.35, the Nasdaq dropped 31.24 points or 1.1 percent to 2,902.58 and the S&P 500 slid 15.04 points or 1.1 percent to 1,338.35. Continue reading "Stocks Fall Sharply Amid Worries About Troubles Overseas" →