Markets U.S. stock futures started the week on the back foot on Monday, before things turned green and the major averages reached new highs. Will the same occur today? At the time of writing, Dow futures are off 0.5%, while contracts … Continue reading
Markets Investors are gearing up for one of the most eventful weeks of the summer, with futures ticking lower ahead of the busy slate. At the time of writing, Dow futures are off 0.5%, while contracts linked to the S&P 500 … Continue reading
Markets Rally goes on A three-day winning streak on Wall Street – that followed a sharp selloff on Monday – is showing no signs of slowing down as futures continued to climb in overnight trading. At the time of … Continue reading
Markets Green for the week Stocks are continuing to rebound following a retreat on Monday as traders don’t appear to see an immediate risk to the economic recovery. U.S. equity futures are all pointing 0.2% higher this morning Source: SeekingAlpha.com Economic Calendar … Continue reading
Markets Rebound Stocks continue to recover from an early-week selloff that was prompted by fears surrounding the rapidly spreading Delta variant. The major averages rose about 1.6% on Tuesday, as investors jumped back into equities, while futures climbed again overnight. At … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Housing Starts and Permits 8:55 Redbook Chain Store Sales https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 3 (CD3): Gap opening lower as Trader Vic Gap Rule (TVGR) when into effect. Failed … Continue reading
Markets U.S. stock index futures are also joining the global selloff after the major averages posted their first negative week in four: Dow -1.1%; S&P 500 -0.8%; Nasdaq -0.4%. Source: SeekingAlpha.com Economic Calendar 10:00 NAHB Housing Market Index https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link … Continue reading
Markets Equity futures hugged the flatline overnight as the inflation story continues to play out, with the hope that the “transitory” chapter will be finished before an overheated villain appears. Economic Calendar 8:30 Retail Sales 9:00 Fed’s William’s speech 10:00 Business Inventories 10:00 Consumer … Continue reading
Markets Nasdaq futures are pointing 0.4% higher amid fears of a return to stay-at-home culture, while the Dow and S&P 500 dip into the red. Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims 8:30 Philly Fed Business Outlook 8:30 Empire State Mfg Survey 8:30 Import/Export Prices … Continue reading
Markets U.S. equity futures are shaking off some of the concerns this morning, with the Nasdaq and S&P 500 up 0.4% and 0.1%, respectively, while the DJIA trails behind, down slightly at 0.1%. Higher-than-expected inflation data wasn’t the only thing to weigh on stocks, … Continue reading