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ETFsector.com Daily Trading Outlook, December 19, 2024

S&P futures are up 0.4% Thursday morning after a sharp selloff on Wednesday, with the S&P posting its second-biggest decline of 2024 and the Dow falling for a 10th consecutive session. Asian markets were broadly lower overnight, while European markets are down over 1%. Treasuries are mixed with a steepening curve after Wednesday’s rate surge

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ETFsector.com Daily Trading Outlook, December 18, 2024

S&P futures up 0.3% Wednesday morning following Tuesday’s declines, where the DJIA posted its ninth consecutive loss, the longest streak since 1978. Weak breadth remains a key story, with S&P decliners outpacing advancers for the 12th straight session. Treasuries slightly weaker, dollar index flat, gold up 0.1%, Bitcoin futures down 2.4%, and WTI crude up

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Spirit Airlines’ stock drops due to news about the breakdown of merger discussions with Frontier.

Spirit Airlines’ stocks are decreasing by over 60% in premarket trading due to reports indicating that the low-cost airline may be preparing to file for bankruptcy protection.

Spirit Airlines’ stock drops due to news about the breakdown of merger discussions with Frontier. Read More »

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ETFsector.com Daily Trading Outlook, September 12, 2024

Equities moved higher on Wednesday with a rebound in AI sentiment leading to Tech. and Nasdaq outperformance.  For the day, the Nasdaq composite led the major US indices higher adding 2.17% while the S&P 500 gained 1.07 while the Dow brought up the rear advancing 0.31%. At the sector level, Tech shares paced gains up

ETFsector.com Daily Trading Outlook, September 12, 2024 Read More »

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