Markets Wall Street’s enthusiasm about vaccines helped drive historical performances for the averages in November. The S&P 500 (SP500) rose 10.9% for the month, its best November ever. The DJIA (DJI) gained 11.9% for its best month (at any point in the year) since … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 9:45 Chicago PMI10:00 Pending Home Sales10:30 Dallas Fed Manufacturing Survey3:00 PM Farm Prices https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 1 (CD1): Normal for a CD1 is for a decline, which did happen this … Continue reading
Markets Market times and hours While equity markets are open today, a slower session is likely on tap with many traders absent from their desks ahead of Thanksgiving weekend. Financial markets will be closed tomorrow, but U.S. floor trading for … Continue reading
Markets S&P 500 futures climbing nearly 1% overnight Source: SeekingAlpha.com Economic Calendar 10:00 Consumer Confidence10:00 Richmond Fed Mfg.11:00 Fed’s Bullard Speech12:00 PM Fed’s Williams Speech12:45 PM Fed’s Clarida Speech1:00 PM Results of $24B, 2-Year FRN Auction1:00 PM Results of $56B, 5-Year Note Auction https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link … Continue reading
Markets Dow futures rose 0.7% vs. the 0.4% advance of the Nasdaq. Source: SeekingAlpha.com Economic Calendar 8:30 Chicago Fed National Activity Index9:45 PMI Composite Flash11:30 Results of $56B, 2-Year Note Auction1:00 PM Results of $57B, 5-Year Note Auction https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session … Continue reading
Markets Not much movement was seen from futures overnight, with contracts tied to the Dow and S&P 500 dipping slightly and the Nasdaq inching up. Source: SeekingAlpha.com Economic Calendar 1:00 PM Baker-Hughes Rig Count 9:00 Fed’s Barkin Speech9:00 Fed’s Bostic Speech9:30 Fed’s Kaplan Speech https://www.investing.com/economic-calendar/ … Continue reading
Markets Sentiment was particularly dented after New York City shut schools and switched to fully remote learning for its students because of rising cases of COVID-19. U.S. stock index futures fell 0.4% overnight on the news after bouncing around the flat line … Continue reading
Markets U.S. equities took a pause on Tuesday, retreating from record highs after an injection of vaccine optimism, though the pullback may prove temporary as futures rose 0.3% overnight. Source: SeekingAlpha.com Economic Calendar 8:30 Housing Starts and Permits10:00 Fed’s Evans Speech10:00 Quarterly Services Report10:30 EIA Petroleum Inventories12:15 … Continue reading
Markets All-time highs A minor pullback was seen overnight following a bumper session for U.S. stocks amid another set of upbeat results from Moderna’s (NASDAQ:MRNA) COVID-19 vaccine trials. Dow and S&P 500 futures dipped 0.3%, while the Nasdaq rose 0.3% as Tesla (TSLA) soared on … Continue reading