S&P futures are down 0.5% in Monday premarket trading, giving back some of Friday’s gains. This comes after stronger-than-expected nonfarm payrolls boosted hopes of a soft landing, but also tempered expectations for a 50bp Fed rate cut in November, shifting focus to a 25bp move. European markets are mostly lower after a strong Asian session. […]
ETFsector.com Daily Trading Outlook, October 7th, 2024 Read More »
S&P futures are up 0.3% in Friday morning trading, following a mixed Thursday session where energy, exchanges, regional banks, and department stores outperformed, while apparel, materials, and hospitals lagged. NVDA-US was a standout among the Mag 7. Treasuries were slightly weaker, the dollar index down 0.1%, gold steady, Bitcoin futures up 1%, and WTI crude
ETFsector.com Daily Trading Outlook, October 4h, 2024 Read More »
S&P futures are down 0.3% in Thursday morning trading, following a mixed close for US equities on Wednesday. Semiconductors and China tech outperformed, while apparel, retail, autos, builders, and food/beverage lagged. TSLA-US led declines among the Mag 7 stocks. Treasuries weakened, and the dollar index rose 0.2%, with sterling under pressure due to dovish BoE
ETFsector.com Daily Trading Outlook, October 3rd, 2024 Read More »
S&P futures lower: S&P futures are down 0.2% in Wednesday morning trading, following a weaker Tuesday session where US equities declined. Laggards included crowded shorts, lower quality stocks, semis, and regional banks, while energy and defensives outperformed. Asian markets were mostly down overnight, with Japan falling over 2% and South Korea down more than 1%,
ETFsector.com Daily Trading Outlook, October 2nd, 2024 Read More »
ETFsector.com Daily Trading Outlook, October 1st, 2024 S&P Futures Slightly Lower: S&P futures down 0.1% Tuesday morning after US equities closed higher Monday, helped by $5B in late session month/quarter-end buying. China tech outperformed, while big tech gained and autos and dollar stores lagged. Asian markets were mixed with the Nikkei up nearly 2% after
ETFsector.com Daily Trading Outlook, October 1st, 2024 Read More »
S&P Futures Little Changed: S&P futures are flat in Monday premarket trading, following a quiet Friday session where the S&P and Nasdaq logged their third-straight weekly gains, led by big tech and semis, while energy declined due to the crude selloff. Asian equities were mixed, with a sharp Nikkei selloff and China rallying for the
ETFsector.com Daily Trading Outlook, September 30, 2024 Read More »
S&P Futures Down 0.1%: S&P futures are down 0.1% in Friday morning trading after US equities closed higher on Thursday, with the S&P reaching another all-time high and the Nasdaq extending its gains for a fourth consecutive session. Semiconductors, China tech, industrial metals, chemicals, and autos were standouts. Asian markets surged overnight, with Hong Kong
ETFsector.com Daily Trading Outlook, September 27, 2024 Read More »
S&P Futures Higher: S&P futures are up 0.8% in Thursday morning trading, following a mostly lower session for US equities on Wednesday. Homebuilders, energy, autos, and China tech stocks were among the laggards, while big tech had a mixed performance with Nvidia (NVDA-US) and Meta (META-US) standing out, and semiconductors performing well. Asian markets rallied
ETFsector.com Daily Trading Outlook, September 26, 2024 Read More »
S&P Futures Little Changed: S&P futures are flat in Wednesday morning trading after US equities closed higher on Tuesday, with the S&P 500 hitting its 41st all-time high of the year. China-related stocks saw strong gains on the back of fresh stimulus measures, while chemicals, industrial metals, machinery, and select multinationals also performed well. Semiconductors
ETFsector.com Daily Trading Outlook, September 25, 2024 Read More »
S&P Futures Little Changed: S&P futures are flat in Tuesday morning trading, pulling back from earlier highs. This follows a mostly positive Monday session where the S&P 500 reached its 40th all-time high for the year. Energy was the top-performing sector, with Tesla (TSLA-US) providing a significant boost to the consumer discretionary sector. Treasuries weakened
ETFsector.com Daily Trading Outlook, September 24, 2024 Read More »
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