Closing Recap Wednesday, October 04, 2023 Index Up/Down % Last DJ Industrials 126.91 0.38% 33,129 S&P 500 34.11 0.81% 4,263 Nasdaq 176.54 1.35% 13,236 Russell 2000 2.02 0.12% 1,729 US equity futures tested support pivots and neared the 200dma for Spuz overnight before rallying back to green pre-open. Rising yields have pressured … Read More
Mid-Morning Look Wednesday, October 04, 2023 Index Up/Down % Last DJ Industrials -32.92 0.10% 32,969 S&P 500 5.36 0.13% 4,234 Nasdaq 78.19 0.59% 13,137 Russell 2000 -15.24 0.88% 1,711 U.S. stocks are mixed, looking strong on the open as a weaker private payroll report from ADP (said U.S. private-sector employment rose by a tepid +89K in September below … Read More
Early Look Tuesday, October 3, 2023 Futures Up/Down % Last Dow -10.00 0.03% 33,191 S&P 500 -4.75 0.12% 4,260 Nasdaq -31.00 0.21% 14,683 U.S. S&P futures printed a fresh four-month low overnight, with the Spuz falling to 4,235.50 (below yesterday low of 4,251.25 – but still held its 200-day MA support 4,222) as global yields continue soaring with … Read More
Closing Recap Tuesday, October 03, 2023 Index Up/Down % Last DJ Industrials -430.31 1.29% 33,003 S&P 500 -58.84 1.37% 4,229 Nasdaq -248.31 1.87% 13,059 Russell 2000 -29.62 1.69% 1,727 U.S. stocks were in freefall mode about 30-minutes after the stock market opened, tumbling after a better-than-expected JOLTs Job openings reading indicated … Read More
Mid-Morning Look Tuesday, October 03, 2023 Index Up/Down % Last DJ Industrials -316.08 0.95% 33,114 S&P 500 -48.54 1.13% 4,240 Nasdaq -183.22 1.38% 13,123 Russell 2000 -21.67 1.23% 1,735 Broad weakness in U.S. stock markets, reversing early gains after economic data raises more rate hike fears. U.S. stocks are at a crucial point, breaking below last week’s lows … Read More
Early Look Tuesday, October 3, 2023 Futures Up/Down % Last Dow 4.00 0.01% 33,642 S&P 500 1.25 0.02% 4,325 Nasdaq -9.50 0.06% 14,975 A surge in global Treasury yields continues, pressuring equities as the 10-year yield moves back to yesterday highs above 4.7% with investors prepped for a busy week of jobs related data. August JOLTs data is … Read More
Closing Recap Monday, October 02, 2023 Index Up/Down % Last DJ Industrials -74.15 0.22% 33,433 S&P 500 0.36 0.01% 4,288 Nasdaq 88.45 0.67% 13,307 Russell 2000 -28.74 1.61% 1,756 An unrelenting advance in the U.S. dollar and Treasury yields continue to wreak havoc on investor sentiment as most U.S. stock sectors … Read More
Mid-Morning Look Monday, October 02, 2023 Index Up/Down % Last DJ Industrials -124.67 0.37% 33,385 S&P 500 -6.09 0.14% 4,281 Nasdaq 52.42 0.39% 13,270 Russell 2000 -16.68 0.93% 1,768 U.S. stocks are mixed despite lawmakers averting a government shutdown this weekend, as another push higher for Treasury yields and the dollar plague interest rate sensitive sectors. Technology & … Read More
Early Look Monday, October 2, 2023 Futures Up/Down % Last Dow -15.00 0.04% 33,710 S&P 500 0.25 0.00% 4,325 Nasdaq 29.50 0.20% 14,895 U.S. futures look to rebound after falling sharply last week on rising rate hike expectations, but shares are flat despite US lawmakers being able to avert a government shutdown. The S&P finished September with a … Read More
Closing Recap Friday, September 29, 2023 Index Up/Down % Last DJ Industrials -158.58 -0.47% 33,507 S&P 500 -11.56 -0.27% 4,288 Nasdaq 18.05 0.14% 13,219 Russell 2000 -9.36 -0.52% 1,785 US equity futures trended higher overnight on hope for an agreement to avert potential US government shutdown and more benign Eurozone inflation … Read More
