Markets The sentiment led S&P 500 futures to tack on another 0.6% gain overnight Source: https://www.investing.com/indices/indices-cfds Source: SeekingAlpha.com Economic Calendar 8:15 ADP Jobs Report9:45 PMI Services Index10:00 ISM Non-Manufacturing Index10:00 Factory Orders10:30 EIA Petroleum Inventories https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 ***Written 8 pm Tuesday evening … Continue reading
Markets Equities continue ascent U.S. stock index futures are ahead by 0.7%, erasing an earlier loss Source: Seeking Alpha https://seekingalpha.com/ Source: https://www.investing.com/indices/indices-cfds Economic Calendar Auto Sales8:55 Redbook Chain Store Sales Source: https://www.investing.com/economic-calendar/ S&P 500 (ES) Prior Session was Cycle Day 1 (CD1): Secure Low (3008) was … Continue reading
Markets Relief rally in Asia Things fared a lot better over in the Far East, with shares in Hong Kong and Shanghai surging 3.4% and 2.2%, respectively. Source: Seeking Alpha https://seekingalpha.com/ Economic Calendar 9:45 PMI Manufacturing Index10:00 ISM Manufacturing Index10:00 Construction Spending https://www.investing.com/economic-calendar/ S&P 500 Prior Session … Continue reading
Markets In Europe, stocks have started the day off in negative territory, with the Stoxx 600 Index posting a 1.1% drop at midday. U.S. stock futures are pointing lower. The yield on the benchmark 10-year Treasury note was down to 0.67% and … Continue reading
Markets Dow and S&P 500 futures are looking to continue the surge seen Wednesday, rising as much as 0.5%, though Nasdaq futures were off slightly on word of an executive order against social media companies. Source: Seeking Alpha https://seekingalpha.com/ Source: https://www.investing.com/indices/indices-cfds Economic Calendar … Continue reading
Markets Wall Street is looking to continue Tuesday’s rally as U.S. stock index futures point to gains of more than 1% at the open. Stocks surged yesterday on optimism about economies reopening and the potential development of a coronavirus vaccine, while sentiment … Continue reading
Markets U.S. stock index futures soared 2% overnight, suggesting the S&P 500 will open above its 200-day moving average as trading resumes after Memorial Day. Source: https://www.investing.com/indices/indices-cfds Source: SeekingAlpha.com Economic Calendar 8:30 Chicago Fed National Activity Index9:00 S&P Corelogic Case-Shiller Home Price Index9:00 FHFA House Price Index10:00 Consumer … Continue reading
Markets S&P 500 futures are down another 0.5% ahead of Memorial Day weekend with the latest tensions between the U.S. and China on display. Source: Seeking Alpha https://seekingalpha.com/ Economic Calendar 8:30 Housing Starts8:55 Redbook Chain Store Sales10:00 E-Commerce Retail Sales10:00 Jerome Powell: “The Quarterly CARES Act Report … Continue reading
Markets Source: https://www.investing.com/indices/indices-cfds In U.S. economic news, today’s weekly jobless claims could offer some early clues on how quickly businesses rehire workers and the success of the Paycheck Protection Program. Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims8:30 Philly Fed Business Outlook9:45 PMI Composite Flash10:00 Fed’s … Continue reading