Markets Record highs U.S. stock index futures are holding their breath after coming off a record-setting session on Thursday, which saw all three of the major averages close at new highs. Source: SeekingAlpha.com Economic Calendar 8:30 Current Account10:00 Leading Indicators11:10 Fed’s Evans Speech11:10 Fed’s Brainard … Continue reading
Markets U.S. futures advance with stimulus hopes Nasdaq futures gain 0.5%, S&P futures rise 0.2%, and Dow futures move up 0.5%. The Stoxx Europe 600 rises 0.4% Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims8:30 Housing Starts8:30 Philly Fed Business Outlook10:30 EIA Natural Gas Inventory11:00 Kansas City Fed Mfg Survey4:30 … Continue reading
Markets Futures extend gains Signs of progress toward a coronavirus stimulus package lifted sentiment on Tuesday, allowing the S&P 500 to shake off a four-day losing streak, while futures suggested the rally could continue after advancing another 0.3% overnight. Source: SeekingAlpha.com Economic Calendar … Continue reading
Markets U.S. futures are pressing higher pre-RTH, with the Dow and S&P 500 advancing 0.76% and Nasdaq up 0.56% Source: SeekingAlpha.com Economic Calendar FOMC meeting begins8:30 Empire State Mfg Survey8:30 Import/Export Prices8:55 Redbook Chain Store Sales9:15 Industrial Production4:00 PM Treasury International Capital https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link … Continue reading
Markets Futures point to another vaccine rally Hopes for a continuing economic recovery saw cyclicals lead the advance for futures overnight as the U.S. gears up for a historic vaccine rollout. Dow +0.8%; S&P 500 +0.6%; Nasdaq +0.4%. Source: SeekingAlpha.com Economic Calendar No events … Continue reading
Markets Futures fall back U.S. stock index futures have turned around over the last few hours, pointing to a 1% decline at the open, as sentiment followed European equities into the red amid talks about a disruptive Brexit. Source: SeekingAlpha.com Economic Calendar 8:30 Producer … Continue reading
Markets Pulling back from record highs There’s not much movement from U.S. stock index futures after the Nasdaq snapped a four-day win streak with its biggest drop since October. Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims8:30 Consumer Price Index10:00 Quarterly Services Report10:30 EIA Natural … Continue reading
Markets U.S. stock index futures inched up 0.28% overnight after the market’s S&P 500 hit a fresh record high. Source: SeekingAlpha.com Economic Calendar 10:00 Job Openings and Labor Turnover Survey10:00 Wholesale Inventories (Preliminary)1:00 PM Results of $38B, 10-Year Note Auction 10:30 EIA Petroleum Inventories https://www.investing.com/economic-calendar/ ***New: PTG Trading … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Productivity and Costs8:55 Redbook Chain Store Sales1:00 PM Results of $56B, 3-Year Note Auction 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 for a CD1 is for a decline, which … Continue reading
Markets Sterling slipped 1.5% to $1.3241 overnight after Boris Johnson told the EU that Britain must have “freedom” to make its own rules and cabinet ministers said he should pursue a no-deal Brexit unless Brussels backs down. Source: SeekingAlpha.com Economic Calendar 12:30 PM TD … Continue reading