Markets Source: SeekingAlpha.com Economic Calendar Blowout payrolls Another stellar non-farm payrolls report is likely on tap this morning, with the Labor Department set to release numbers for April at 8:30 a.m. ET. Non-farm payrolls are forecast to have increased by 978,000 … Continue reading
Markets Where do we go from here? U.S. stock index futures inched up overnight, but not by much, as traders await the latest weekly update on the number of Americans applying for jobless benefits. Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims … Continue reading
Markets Nasdaq futures up 0.6%, following by a 0.4% gain for the S&P 500 and 0.3% advance for the DJIA. Source: SeekingAlpha.com Economic Calendar 8:15 ADP Jobs Report 9:45 PMI Services Index 10:00 ISM Non-Manufacturing Index 9:30 Fed’s Evans: Monetary Policy 11:00 Fed’s Rosengren Speech 12:00 PM Fed’s Mester: Economic Outlook 3:00 … Continue reading
Markets Value over growth The Dow Jones Industrial Average started May on the right foot, with the index climbing over 200 points yesterday as growth names took a backseat. The trend continued overnight as DJIA futures inched up, though contracts linked to … Continue reading
Markets Starting the new month: U.S. stock index futures climbed overnight, with the Dow up 0.6%, and the S&P 500 and Nasdaq ahead by 0.4% and 0.2%, respectively. Source: SeekingAlpha.com Economic Calendar 9:45 PMI Manufacturing Index 10:00 ISM Manufacturing Index 10:00 Construction Spending 2:10 PM Fed’s Williams Speech ***New: PTG Trading … Continue reading
Markets Inflation and earnings U.S. stock index futures ticked lower overnight, dipping 0.4%, as investors continue to digest the latest downpour of earnings and economic data. Source: SeekingAlpha.com Economic Calendar 8:30 Personal Income and Outlays 8:30 Employment Cost Index 9:45 Fed’s Kaplan Speech 9:45 Chicago PMI … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims 8:30 GDP Q1 10:00 Pending Home Sales 10:30 EIA Natural Gas Inventory 11:00 Fed’s Quarles Speech 2:00 PM Fed’s Williams Speech 4:30 PM Fed Balance Sheet https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day … Continue reading
Markets Wait-and-see Major averages traded around the flatline on Tuesday, and similar sentiment was seen overnight. Dow and Nasdaq futures dipped 0.2%, while contracts linked to the S&P were marginally higher. Traders appear to be in wait-and-see mode before the big … Continue reading
Markets Overnight, Dow futures held steady, while the Nasdaq and S&P 500 inched up 0.2% and 0.1%, respectively. Tesla (TSLA) reported a record quarterly profit after Monday’s closing bell (see below), while Microsoft (MSFT) and Alphabet (GOOG, GOOGL) will release their Q1 results today. … Continue reading
Markets Earnings deluge U.S. stock futures were mixed, but little changed, overnight, with the Dow up 0.1%, and the S&P 500 and Nasdaq off 0.1% and 0.3%, respectively. Source: SeekingAlpha.com Economic Calendar 8:30 Durable Goods 10:30 Dallas Fed Manufacturing Survey 11:30 Results of $60B, 2-Year Note Auction 1:00 … Continue reading