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The S&P 500, Nasdaq Composite and Dow Jones Industrial Average all closed higher on Wednesday. Markets were quiet and conviction was lacking as the end of the year approaches. US fiscal stimulus politics remains in focus. The S&P 500 closed 0.18% higher, the Dow Jones Industrial Average 0.26

The euro dropped against its major counterparts during the European session on Thursday, as European stocks fell on the last trading day of the year, with markets in Germany, Switzerland and Italy closed for the New Year Eve holiday. Trading volumes were light as many traders were away from their de

The U.S. weekly jobless claims for the week ended December 26 are due at 8:30 am ET Thursday. Ahead of the data, the greenback traded mixed against its major counterparts. While the currency rose against the euro, it fell against the franc. Against the yen and the pound, it held steady. The greenbac

After ending the previous session modestly higher, stocks are likely to show a lack of direction in early trading on Thursday. The major index futures are currently pointing to a roughly flat open for the markets, with the Dow futures down by just 20 points. Traders may be reluctant to make signific

A report released by the Labor Department on Thursday unexpectedly showed a modest drop in first-time claims for U.S. unemployment benefits in the week ended December 26th. The Labor Department said initial jobless claims edged down to 787,000, a decrease of 19,000 from the previous week's revised l

Asian stocks turned in a mixed performance on Thursday, the last trading day of 2020, as investors booked profits amid thin holiday trading. Some of the regional markets were closed for New Year's Eve, including Japan, South Korea, Indonesia, the Philippines and Thailand. Chinese shares rose for a s

Stocks have shown a lack of direction over the course of morning trading on Thursday following the uptick seen in the previous session. The major averages have spent the morning bouncing back and forth across the unchanged line. Currently, the major averages are nearly flat. While the S&P 500 is

European stocks ended the final session of calendar year 2020 on a weak note, as worries about rising coronavirus cases and tighter restrictions on movements outweighed positive such as the rollout of vaccines and a massive U.S. fiscal stimulus. With several markets in the continent closed for New Y

Following the choppy trading seen early in the session, stocks continue to turn in a lackluster performance in mid-day trading on Thursday. The major averages have spent the day bouncing back and forth across the unchanged line. Currently, the major averages are posting modest losses. The Dow is dow

The Indian stock market ended the final trading session of calendar year 2020 on a flat note, after swinging between gains and losses right through the day, as investors refrained from making significant moves due to a lack of triggers. The benchmark BSE Sensex, which hit a fresh all-time intraday h

Turkey's trade deficit widened sharply in November from last year on higher imports, the Turkish Statistical Institute reported Thursday. The trade gap increased to $5.03 billion in November from $1.98 billion in the same period last year. Exports dropped 0.9 percent annually, while imports surged 1

Moderna Inc. (MRNA) confirmed Thursday that it has reached a supply agreement with the government of the Republic of Korea to provide 40 million doses of its COVID-19 Vaccine. As per the terms of the proposed agreement, deliveries would begin in May 2021. The COVID-19 Vaccine is not currently approv