Stocks wobbled Thursday as investors juggled a weak holiday outlook from Wal-Mart and a drop in jobless claims. Techs clawed higher after some big news out of the sector.
U.S. futures remained slightly lower ahead of the open Thursday after Wal-Mart posted a 1.1 percent rise in third-quarter U.S. sales, compared to the same quarter last year, and U.S. mortgage applications pushed higher last week.
The US government will likely borrow substantially less than initially anticipated as "significant repayments" from banks which received funds during the crisis are ahead, Treasury Secretary Timothy Geithner told CNBC Thursday.
The Dow rose for a sixth straight session Wednesday as the dollar hit a new 15-month low after Fed comments and strong Chinese economic data. Financial, material and IT stocks were the biggest gainers.
Stock index futures pointed to another higher open on Wall Street Wednesday as the dollar hit a new 15-month low after Federal Reserve officials reinforced the view that rates will remain low for some time.
The Dow eked out a gain Tuesday in light, choppy trading following Monday's rally. Health-care, utilities and materials were the best-performing sectors.
A solid audience showed up to buy a record $25 billion in benchmark 10-year Treasury notes Tuesday, but the above-average results failed to impress traders who unloaded U.S. government debt after the auction.
Stocks opened slightly lower Tuesday as investors took a breather after Monday's rally — but it was a short-lived breather with stocks bouncing back within the first hour of trading.
Futures indicated a slightly lower open for the U.S. stock market on Tuesday amongst mixed reports from corporates on earnings, outlook and employment and ahead of the Veterans Day.
U.S. government debt prices rose Monday after a record-sized Treasury note auction drew strong demand and investors bet other debt sales this week would get a similar reception.
Most U.S. Treasurys prices rose Friday after the government said the U.S. unemployment rate jumped in October, but the prospect of new supply next week limited gains.
Big gains in U.S. workers' productivity in the third quarter supported short-dated U.S. government securities prices Thursday, while upcoming supply weighed on long-dated debt.
U.S. government securities prices slipped as traders prepared themselves for next week's Treasury refunding and for the Federal Reserve's statement on monetary policy later on Wednesday.
U.S. government securities prices slid Tuesday as traders prepared themselves for Wednesday's Treasury refunding announcement and a statement from the Federal Reserve on monetary policy.
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