Markets Analysts now expect earnings for S&P 500 (SP500) (NYSEARCA:SPY) companies to be up 90%, up from 65.4% at the start of July. Source: SeekingAlpha.com Economic Calendar 8:15 ADP Jobs Report 9:45 PMI Composite Final 10:00 ISM Service Index https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s … Continue reading
Markets Dow and S&P 500 futures are ahead by 0.4%, while contracts linked to the Nasdaq pointed 0.2% higher. Economic Calendar 8:55 Redbook Chain Store Sales 10:00 Factory Orders 2:00 PM Fed’s Bowman Speech ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior … Continue reading
Markets The first trading day of August is opening with renewed excitement as U.S. stock index futures begin the month ahead by 0.6%. The major averages already managed to log their sixth month of gains in July, though volatility increased over … Continue reading
Markets Closing out July It’s the final trading day of the week (and month), but equities are not wearing their party hats. Nasdaq futures led the declines overnight, falling 1.2%. Source: SeekingAlpha.com Economic Calendar 8:30 Personal Income and Outlays 8:30 Employment Cost Index … Continue reading
Markets Overnight: Dow +0.4%; S&P 500 +0.1%; Nasdaq -0.3%. Economic Calendar 8:30 Initial Jobless Claims 8:30 GDP Q2 10:00 Pending Home Sales 10:30 EIA Natural Gas Inventory 1:00 PM Results of $62B, 7-Year Note Auction 4:30 PM Fed Balance Sheet ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior session … Continue reading
Markets Fed policy update Wall Street snapped a five-session winning streak on Tuesday before a policy decision from the Federal Reserve, though things looked better in the overnight session. Nasdaq futures are ahead by 0.3% following some blowout results from … Continue reading
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