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Stocks eased off their lows but still failed to close in positive territory Friday, as gains were limited following a robust rally in recent weeks and no major news on the economic front gave investors little reason to jump in.
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U.S. stock index futures pointed to a slightly lower open on Wall Street on Friday as investors took profits on Thursday's gains fueled by mostly positive economic data.
U.S. stock index futures held their modest gains Thursday, after jobless claims declined in the previous week to hold near four-year lows.
Stocks closed in the red Wednesday as Bernanke dashed hopes for further monetary stimulus during his speech to Congress on the economy. Still the S&P logged its best February since 1998 and the Nasdaq briefly topped 3,000 in intraday trading for the first time since December 2000.
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U.S. stock index futures held gains Wednesday, following a better-than-expected GDP report and after European banks took up more than 500 billion euros in an effort to stabilize the region's financial system.
Stocks logged a gain Tuesday despite mixed economic reports, with the Dow finishing above 13,000 for the first time since May 2008 and the S&P closing at its best level in almost four years.
U.S. stock index futures erased their early gains to nudge into negative territory Tuesday following a handful of disappointing economic reports.
Stocks abruptly turned mixed in the final seconds of trading Monday, with the Dow ending in negative territory, while the S&P 500 still managed to log its best close since June 2008. Still, the Dow and the S&P 500 are both on track to posting their best February since 1998.
U.S. stock index futures were lower Monday, tracking losses in European shares, after the G20 told Europe over the weekend it must commit mor ecapital to fight the debt crisis before seeking more help.
Stocks ended narrowly mixed in another lackluster session Friday as investors hesitated to remain long ahead of the weekend, but the major indexes still posted gains for the week with the S&P logging its best finish since June 2008.
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U.S. stock index futures edged higher Friday, looking to extend the previous session's gains, as investors waited for a handful of economic reports later this morning.
Stock futures declined Wednesday, following weak economic data from the euro zone and amid ongoing concerns over the region's debt crisis.
Stocks finished narrowly mixed in choppy trading Tuesday, pressured by steep oil prices and as investors were quick to book profits following a deal announcement in Greece. The Dow briefly broke through the key 13,000 level for the first time since May 2008, but failed to close above the mark.
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Stocks closed mixed in thin trading Friday ahead of the three-day holiday weekend, but all major averages logged robust gains for the week following some positive economic news and amid optimism that Greece will soon find a solution to its debt crisis.
Stocks ended near session highs Thursday, with the Dow and Nasdaq logging multi-year highs, fueled by robust economic news and as the euro rebounded against the dollar following reports the euro zone central banks agreed to exchange their existing Greek bonds for new ones.
U.S. stock index futures pared some losses Thursday following a handful of better-than-expected economic news, but gains were limited as investors continued to focus on developments in Greece.
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