Markets Closing out the second quarter U.S. stock futures drifted overnight, though equities are still set to end the quarter having erased most of the losses accrued in the first three months of the year. Source: Seeking Alpha https://seekingalpha.com/ Economic Calendar … Continue reading
Markets Following a brutal selloff on Friday, U.S. stock index futures seesawed overnight as investors digested the latest coronavirus infection rates and what it will mean for the economy. At the time of writing, Dow futures are up 168 points, the … Continue reading
Markets U.S. equity futures are little changed in early morning action following a late-day surge yesterday that helped major averages recover some of the steep losses seen mid-week. Source: Seeking Alpha https://seekingalpha.com/ Source: https://www.investing.com/indices/indices-cfds Economic Calendar 8:30 Personal Income and Outlays10:00 Consumer Sentiment1:00 PM Baker-Hughes … Continue reading
Markets In the red for most of the night, S&P 500 futures have pared most of their losses to trade near the starting line ahead of some important economic data. Source: Seeking Alpha https://seekingalpha.com/ Economic Calendar 8:30 Durable Goods8:30 Initial Jobless Claims8:30 International trade … Continue reading
Markets Futures were already dipping into the red after the Nasdaq Composite notched a fresh record high, though contracts tied to the S&P 500 are now pointing to a 1% decline on worries about a wider transatlantic trade fight. Source: SeekingAlpha.com Economic Calendar 9:00 FHFA … Continue reading
Markets U.S. stocks are likely to continue their climb higher today, with futures tied to the S&P 500 ahead by 0.8%, as manufacturing and services sectors begin to recover from lock-downs. Source: Seeking Alpha https://seekingalpha.com/ Source: https://www.investing.com/indices/indices-cfds Economic Calendar 8:55 Redbook Chain Store Sales9:45 PMI … Continue reading
Markets Source: Seeking Alpha https://seekingalpha.com/ Economic Calendar 10:00 Existing Home Sales Source: https://www.investing.com/economic-calendar/ S&P 500 Friday’s Session was Cycle Day 3 (CD3): Price fulfilled Positive 3 Day Cycle Statistic before reversing early strength to sell down during afternoon session with QUAD Witching Options Expiration. … Continue reading
Markets Looking for a catalyst after a muted session on Thursday, U.S. stock index futures advanced 1% overnight after hugging the flatline for most of the session. Source: SeekingAlpha.com Economic Calendar 8:30 Current Account10:15 Fed’s Rosengren: U.S. Economy12:00 PM Fed’s Quarles: “Stress Testing”1:00 PM Jerome Powell Speech1:00 PM Fed’s … Continue reading
Markets Futures wavered between slight gains and losses overnight as investors track an uptick in new COVID-19 cases against the reopening of the economy. Source: Seeking Alpha https://seekingalpha.com/ Source: https://www.investing.com/indices/indices-cfds Economic Calendar 8:30 Initial Jobless Claims8:30 Philly Fed Business Outlook10:00 Leading Indicators10:30 EIA Natural Gas Inventory … Continue reading
Markets The Fed’s moves to backstop credit markets, combined with a rebound in U.S. retail sales and prospects for COVID-19 treatment dexamethasone appear to have put a floor under equities (for now) as futures rose modestly in overnight trading. Source: Seeking … Continue reading