Stock futures are looking up this morning following last week’s FOMC conclusions, and looking toward one last speech from Janet Yellen. DJIA futures climbed 25 points to 19,819, S&P 500 futures jumped 2.2 points to 2,257.50, and Nasdaq-100 futures saw a gain of 4.75 points to 4,920.50. This upturn follows a slightly weaker trading session […]
The Dow Jones Industrial Average is halting its march toward 20,000, although just within reaching distance. The index is currently trading at 19,877.97 which is down 33.24 points, or 0.17%, after sliding from an earlier high of 19911.44. The Nasdaq-100 is largely stagnant today at 5463.45, down just 0.01%. The S&P 500 is also stalling […]
The Dow Jones Industrial Average is continuing to make climbs toward the 20,000 mark. The index is currently trading at 19,768.14, up 28.29 points, or 0.14%. Oil and energy is driving this new surge, following agreements between OPEC and Non-OPEC countries to limit output. The Nasdaq-100 is down 0.72% today at 5406.02, many analysts attribute […]
Major indexes are pulling back after recent pushes past record benchmarks. On Tuesday, the DJIA hit another record high when it closed at 19251.78. The S&P 500 closed just within a new record high at 2,212.23. Currently, The S&P 500 is up 0.17% at 2215.90. The Nasdaq-100 is holding at 5333.77 today, making slight returns […]
Italy’s constitutional-reform referendum was defeated on Sunday, rejecting proposals made by Prime Minister Matteo Renzi, who is now stepping down. This is yet another indicator of a wider, European populist political shift and will introduce heightened uncertainty. However, we can see markets are acclimating to the socio-economic questions in recent election cycles: European markets have […]
There is a consensus that today’s OPEC meeting will result in an agreement around production caps. The barrels-per-day production numbers are to be reduced to 32.5 million from 33.6 million. One crucial part of this deal involves the estimation of production numbers for each country. There is concern about how these figures are calculated and […]
Today is Cyber Monday, but in many cases, it’s been a Cyber Weekend and stock figures are showing as such. We see major traditional retailers selling off but online retailers and shipping giants gain. You may have noticed reduced crowds and less news of door-busting shopping frenzies this year. That’s because most have opted to […]
For the first time in history on Tuesday, the Dow closed above 19000. This movement followed record setting streaks in other major indexes, and we can expect slight dips. The S&P 500 is hitting its own proverbial ceiling, trading at 2199.13 which is down 0.17% from its open. The blue-chip index has been breaching 2200 […]
This week of trading is shortened by the Thanksgiving holiday, and we’ve kicked off the week with broad Monday gains across indexes. We can also expect rallies in the retail and consumer discretionary sectors for the short-term, considering the coming series of shopping holidays. This past Friday, 0.2% dips were seen at the close across […]
The post-Trump effect saw broad gains in sectors which would ostensibly benefit from his administration’s new fiscal policy and public works spending. However, the year is drawing to an end and institutional investors will begin their window-dressing activity before reporting to shareholders. As an example, financials are now slightly overbought and starting to sell-off. Those […]
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