Markets Fed reaction Off their overnight lows, U.S. stock index futures are still down 1% following a session that turned sour yesterday after the big Fed meeting. While the FOMC said interest rates could stay anchored to the zero-bound through 2023 (as … Continue reading
Markets U.S. stock futures are continuing their march higher, now ahead by 0.5%, on the back of broad market gains and solid economic data. August retail sales data will be released at 8:30 a.m., while investors will eye the Fed’s latest … Continue reading
Markets U.S. futures are pointing to another green session (Dow +0.6%, S&P 500 +0.7%, Nasdaq +0.9%) after the market kicked off the week with a broad-based rally. The Federal Reserve is set to begin a two-day policy meeting, where it is expected to … Continue reading
Markets U.S. stock index futures are shooting for a comeback after the tech-heavy Nasdaq ended its worst week since March. The Dow is pointing to a 250-point advance, while contracts tied to the S&P 500 and Nasdaq 100 are up 1.2% and 1.7%, … Continue reading
Markets Futures are trading higher once again, with the Dow up 216 points and S&P 500 and Nasdaq ahead by 1% and 1.4%, respectively, following a volatile session on Thursday that saw the recent tech selloff resume. Market liquidity remains thin, and this … Continue reading
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