Markets Futures steady following big tech rebound U.S. equity index futures are pausing for breath, with the Nasdaq nominally higher and the Dow and S&P 500 inching lower, after Wall Street snapped its tech losing streak on Wednesday. Source: SeekingAlpha.com Economic … Continue reading
Markets Correcting the correction? Wall Street now appears to be regaining some footing, with Nasdaq futures ahead by nearly 2%, and contracts tied to the Dow and S&P 500 up 0.6% and 0.8%, respectively. Source: Seeking Alpha https://seekingalpha.com/ Source: https://www.investing.com/indices/indices-cfds Economic Calendar 10:00 Job Openings … Continue reading
Markets Heavy losses for tech The tech carnage looks set to continue this morning after Nasdaq 100 futures reversed to trade more than 2% lower amid escalating doubts over positioning (the index plunged 6% over Thursday and Friday). Contracts tied to the Dow are … Continue reading
Markets An ugly session Tech stocks that have powered U.S. equities to record highs this summer went into sharp reverse on Thursday, with the Nasdaq Composite dropping 5%, and the Dow and S&P 500 falling 2.8% and 3.5%, respectively. Source: Seeking Alpha https://seekingalpha.com/ … Continue reading
Markets Futures take a breather Traders look set to pare the robust gains seen on Wall Street this week after a rally that lifted the DJIA above 29,000 for the first time since February. Source: SeekingAlpha.com Economic Calendar 8:30 Jobless Claims8:30 Goods and … Continue reading
Markets Futures tick higher Dow and S&P 500 futures are up by 0.8%, while the Nasdaq powers ahead by 1.2% after another day of record highs. The remainder of the week will be dominated by employment figures, with the ADP reporting on private … Continue reading
Markets Overnight, S&P 500 and Dow futures rose 0.3% and 0.1%, respectively, though contracts tied to the Nasdaq powered ahead by 1.1%, led by outsized gains for Apple (AAPL) and Tesla (TSLA). Zoom Video (NASDAQ:ZM) also brought cocktails to the party, jumping 27% AH after quarterly … Continue reading
Markets U.S. equity futures are starting the week up 0.3% after the DJIA turned positive for 2020 and Wall Street posted its fifth consecutive week of gains. Source: SeekingAlpha.com Economic Calendar 9:00 Fed’s Clarida: Monetary Policy10:30 Dallas Fed Manufacturing Survey https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat … Continue reading
Markets Dow and S&P 500 futures are up 0.5% and 0.4%, respectively, while Nasdaq futures are hugging the flatline. Source: SeekingAlpha.com Economic Calendar 8:30 International Trade in Goods (Advance)8:30 Retail Inventories (Advance)8:30 Wholesale Inventories (Advance)8:30 Personal Income and Outlays9:45 Chicago PMI10:00 Consumer Sentiment1:00 PM Baker-Hughes Rig Count https://www.investing.com/economic-calendar/ ***New: PTG … Continue reading
Markets U.S. equity index futures are off 0.3% ahead of the big event at Jackson Hole, which could also outline how long the Fed’s near-zero interest rate environment might last and assess the monetary policy response to the coronavirus pandemic. Source: Seeking … Continue reading