Markets S&P 500 notched a fresh closing high of 4,079.95 on Wednesday. Stock index futures climbed further overnight, with contracts linked to the S&P 500 up another 0.4%, and the Dow and Nasdaq ahead by 0.2% and 0.8%, respectively. Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless … Continue reading
Markets Hovering near records U.S. stock index futures wavered between slight gains and losses overnight, with the Dow Jones and S&P 500 drifting near record highs, and the Nasdaq not far behind. Wall Street took a breather on Tuesday, and … Continue reading
Markets Pausing for breath More bullish economic data saw investors drive stocks higher in a broad advance on Monday. U.S. services industry activity jumped to a record high in an ISM survey following Friday’s bumper jobs report that showed U.S. … Continue reading
Markets Bumper jobs report Investors are digesting the March nonfarm payrolls report a bit late as markets were closed at the end of the week for Good Friday. The strong bounce in U.S. job growth, compounded with an accelerating vaccine … Continue reading
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Markets Eyes on a rare payrolls day The tech stock rally looks to keep going with Nasdaq futures solidly higher at the open, but the broader market is more cautions, with S&P futures up slightly and an unusual jobs report … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:15 ADP Jobs Report 9:45 Chicago PMI 10:00 Pending Home Sales 10:00 State Street Investor Confidence Index https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link 10:30 EIA Petroleum Inventories S&P 500 ***Written 8 pm Tuesday evening for Wednesday’s trading for contribution to MrTopStep’s “The … Continue reading
Markets Yields take hold of stocks again The broader market is pointing to a slightly higher open on Wall Street, but Treasury yields are pressuring tech shares again. The S&P (SPX, SPY) and Dow (INDU, DIA) futures are up, but the Nasdaq … Continue reading
Markets Financials weigh on futures The drop in bank stocks is weighing on stock index futures, which point to a lower open on Wall Street. Source: SeekingAlpha.com Economic Calendar 10:30 Dallas Fed Manufacturing Survey 11:00 Fed’s Waller Speech https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat … Continue reading