Markets U.S. stock futures are pointing slightly lower, two days removed from the S&P 500 Index carving out a new record high. Oil prices are down slightly amid efforts by major oil producers to hold back output. In early action, … Continue reading
Markets Global markets along with US futures for the Dow Jones, S&P 500, NASDAQ and Russell 2000 were a sea of red on Thursday, after the Federal Reserve, on Wednesday, lowered expectations for economic growth over the rest of the year. Treasuries advanced, the dollar’s rebound stalled—though at … Continue reading
Markets S&P 500 To Take Aim At New Record The index had a modest gain yesterday that pushed it to a new record. Futures are up 0.17% today aiming to hit a new record. Source: Seeking Alpha https://seekingalpha.com/ Source: https://www.investing.com/indices/indices-cfds Economic Calendar 10:00 Quarterly Services … Continue reading
Markets S&P and Dow futures are roughly flat while Nasdaq futures +0.28%. 10-year Treasury yield slips almost 2 basis points to 0.68%. Gold gains 0.09% to $2,002.80 per ounce; crude oil up 0.42% to $43.07 per barrel. In Hong Kong the Hang Seng Index closes up … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Empire State Mfg Survey10:00 NAHB Housing Market Index https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 1 (CD1): Normal CD1 as price put in late session low at 3356. Range was 30.50 … Continue reading
Markets Record remains elusive It doesn’t look like the S&P 500 is going to achieve a fresh record closing high this week as futures contracts tied to the benchmark slipped 0.4% in overnight action. Source: Seeking Alpha https://seekingalpha.com/ Source: https://www.investing.com/indices/indices-cfds Economic Calendar 8:30 Retail Sales8:30 Productivity … Continue reading
Markets U.S. stock index futures inched between gains and losses overnight following a steady August rally that pushed the S&P 500 to the cusp of fresh record high on Wednesday. Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims8:30 Import/Export Prices10:30 EIA Natural Gas Inventory … Continue reading
Markets U.S. stock index futures rebounded 1% overnight after the S&P 500 closed down 0.8% on Tuesday – snapping a seven-day winning streak – as the tech sector weighed on the benchmark. Source: SeekingAlpha.com Economic Calendar 8:30 Consumer Price Index10:00 Atlanta Fed’s Business Inflation Expectations10:00 Fed’s Rosengren: “U.S. … Continue reading
Markets S&P 500 futures advanced 0.3% overnight trading. Source: Seeking Alpha https://seekingalpha.com/ Source: https://www.investing.com/indices/indices-cfds Economic Calendar 9:45 PMI Manufacturing Index10:00 ISM Manufacturing Index10:00 Construction Spending Source: https://www.investing.com/economic-calendar/ S&P 500 (ES) Prior Session was Cycle Day 3 (CD3): Early successful test of CD1 resulted in end of month rally which … Continue reading
Markets Stocks are set to end the week on a high note after four of the biggest tech stocks – Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), Facebook (NASDAQ:FB) and Alphabet (GOOG, GOOGL) – reported quarterly results that beat high expectations. Source: SeekingAlpha.com Economic Calendar 8:30 Personal Income and Outlays8:30 Employment Cost … Continue reading