Markets Correcting the correction? Wall Street now appears to be regaining some footing, with Nasdaq futures ahead by nearly 2%, and contracts tied to the Dow and S&P 500 up 0.6% and 0.8%, respectively. Source: Seeking Alpha https://seekingalpha.com/ Source: https://www.investing.com/indices/indices-cfds Economic Calendar 10:00 Job Openings … Continue reading
Markets Heavy losses for tech The tech carnage looks set to continue this morning after Nasdaq 100 futures reversed to trade more than 2% lower amid escalating doubts over positioning (the index plunged 6% over Thursday and Friday). Contracts tied to the Dow are … Continue reading
Markets An ugly session Tech stocks that have powered U.S. equities to record highs this summer went into sharp reverse on Thursday, with the Nasdaq Composite dropping 5%, and the Dow and S&P 500 falling 2.8% and 3.5%, respectively. Source: Seeking Alpha https://seekingalpha.com/ … Continue reading
Markets Futures take a breather Traders look set to pare the robust gains seen on Wall Street this week after a rally that lifted the DJIA above 29,000 for the first time since February. Source: SeekingAlpha.com Economic Calendar 8:30 Jobless Claims8:30 Goods and … Continue reading
Markets Futures tick higher Dow and S&P 500 futures are up by 0.8%, while the Nasdaq powers ahead by 1.2% after another day of record highs. The remainder of the week will be dominated by employment figures, with the ADP reporting on private … Continue reading
Markets Overnight, S&P 500 and Dow futures rose 0.3% and 0.1%, respectively, though contracts tied to the Nasdaq powered ahead by 1.1%, led by outsized gains for Apple (AAPL) and Tesla (TSLA). Zoom Video (NASDAQ:ZM) also brought cocktails to the party, jumping 27% AH after quarterly … Continue reading
Markets U.S. equity futures are starting the week up 0.3% after the DJIA turned positive for 2020 and Wall Street posted its fifth consecutive week of gains. Source: SeekingAlpha.com Economic Calendar 9:00 Fed’s Clarida: Monetary Policy10:30 Dallas Fed Manufacturing Survey https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat … Continue reading
Markets Dow and S&P 500 futures are up 0.5% and 0.4%, respectively, while Nasdaq futures are hugging the flatline. Source: SeekingAlpha.com Economic Calendar 8:30 International Trade in Goods (Advance)8:30 Retail Inventories (Advance)8:30 Wholesale Inventories (Advance)8:30 Personal Income and Outlays9:45 Chicago PMI10:00 Consumer Sentiment1:00 PM Baker-Hughes Rig Count https://www.investing.com/economic-calendar/ ***New: PTG … Continue reading
Markets U.S. equity index futures are off 0.3% ahead of the big event at Jackson Hole, which could also outline how long the Fed’s near-zero interest rate environment might last and assess the monetary policy response to the coronavirus pandemic. Source: Seeking … Continue reading
Markets While the S&P 500 and Nasdaq notched fresh highs on Tuesday for the third day running, futures were more muted overnight as investors awaited the next steps for monetary policy (Fed Chair Jerome Powell will speak tomorrow at Jackson … Continue reading