S&P futures are up 0.1% in Monday pre-market trading following a week where the S&P 500 lost over 2% and the Nasdaq shed more than 3%, erasing post-election gains. European and Asian equities are mostly lower, with China leading declines. Treasuries are little changed to weaker, with the curve steepening. The Dollar index is flat, […]
ETFsector.com Daily Trading Outlook, November 18, 2024 Read More »
S&P futures are up 0.1% in Thursday morning trading after U.S. equities closed mixed on Wednesday. Laggard sectors included semiconductors, metals, builders, regional banks, healthcare, machinery, and trucking, while software, airlines, EVs, energy, and some retail stocks outperformed. Treasuries were mixed, the Dollar index rose 0.3%, gold fell 1.1%, Bitcoin futures gained 2%, and WTI
ETFsector.com Daily Trading Outlook, November 14, 2024 Read More »
S&P futures are down 0.1% in Wednesday morning trading, following Tuesday’s close in which U.S. equities fell, reflecting a loss of momentum in certain segments of the “Trump trade.” Higher rates have also increased scrutiny on some cyclical stocks, while stocks connected to China underperformed. Asian markets mostly declined overnight, with South Korea down more
ETFsector.com Daily Trading Outlook, November 13, 2024 Read More »
S&P futures are down 0.5% in Tuesday morning trading, following Monday’s mostly lower session where 10 of 11 sectors declined. Rate-sensitive stocks were notable laggards, though select big tech names outperformed. Treasuries weakened, with the 10-year yield hitting its highest level since late July. The Dollar Index is down 0.1%, gold is up 0.5%, Bitcoin
ETFsector.com Daily Trading Outlook, October 22, 2024 Read More »
S&P futures are down 0.2% in Monday morning trading, following last week’s gains where the Dow, S&P, and Nasdaq all extended their winning streak to six weeks, the longest in 2024. Big tech, banks, airlines, builders, retail, and utilities were standouts, while managed care, energy, machinery, chemicals, and China tech lagged. Asian markets were mixed
ETFsector.com Daily Trading Outlook, October 21, 2024 Read More »
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 »
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