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 »
S&P futures are down 0.1% in Wednesday premarket trading, recovering from earlier lows. On Tuesday, US equities closed mostly higher, led by tech after Oracle’s earnings, while banks, autos, and energy lagged. Treasuries strengthened, the dollar fell 0.2% amid yen gains due to Bank of Japan policy comments, and gold rose 0.2%. Bitcoin futures dropped
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We do think there is potential for elevated volatility between now and the election, so we’ve kept our position modest this month to cover more areas of potential upside in the near term
Two more record closes today as the Nasdaq added 0.88% while the S&P 500 added 0.27% to yesterday’s record close. The Dow fell 0.31% on weakness from AXP and BA. ORCL reported after-hours with shares trading +8% in the after-hours session. AVGO reports tomorrow. Wednesday is the big day of the month with CPI data
ETFsector.com Daily Trading Outlook, June 12, 2024 Read More »
Another record close for the for the Nasdaq as it added 0.4% and the S&P 500 which edged up 0.3%. The Dow also added 0.2% as market participants bet the Fed would hold rates steady at its Wednesday FOMC meeting.
ETFsector.com Daily Trading Outlook, June 11, 2024 Read More »
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