Sometimes “not as bad” can be a good thing. At least that was one of the catalysts behind today’s rally. Traders seemed to like the fact that earnings for Apple (AAPL). weren’t as bad as expected since AAPL was up almost 7% and major indices jumped across the board. Traders were also focused on the … Read more
U.S. stock index futures rose Wednesday morning as investors await new guidance from the Federal Reserve and keep an eye on the outcome of high level trade talks between the U.S. and China. At 7:04 a.m. ET, Dow Jones Industrial Average futures were up 99 points, indicating a gain of 110.04 points at the open. … Read more
Stocks finished the day mixed, with traders waiting for earnings from Apple (AAPL). After a higher start, stocks pulled back. But there really wasn’t much movement throughout the day, at least for the S&P and DOW. The S&P stayed in a 20 point range all day. This compares to a 26.4 point Average Daily Range … Read more
U.S. stock index futures pointed to a lower open on Tuesday morning as investors monitored global trade developments and looked ahead to earnings releases from companies like Apple. As of 6:53 a.m. ET, Dow Jones Industrial Average futures traded 31 points lower, indicating a decline of 50.22 points at the open. S&P 500 and Nasdaq … Read more
U.S. stock index futures pointed to a lower open on Monday after Caterpillar’s earnings disappointed investors. Dow Jones Industrial Average futures pulled back 160 points, indicating a decline of 167.20 points. S&P 500 and Nasdaq 100 futures also indicated a decline at the open. Caterpillar shares fell more than 3 percent after the industrial giant … Read more
Federal Reserve officials are nearing a decision on when to end the reduction of the bonds it is holding on its balance sheet, a key consideration for investors watching how far the central bank will go in tightening monetary policy, according to a Wall Street Journal report. The Fed began the balance sheet roll off … Read more
U.S. stock index futures rose ahead of Friday’s open, as investors grew more optimistic about an end to the government shutdown and geared up for another batch of corporate earnings. Around 6 a.m. ET, Dow futures indicated a positive open of more than 100 points. Futures on the S&P 500 and Nasdaq were also pointing … Read more
Stocks ended the day mixed. And it definitely looked like traders were trying to figure out what’s next. The S&P flirted with its 50-day moving average for the 3rd day in a row, closing above this key level, but struggling to really pull away in either direction. The focus today was on earnings and trade. … Read more
Stocks were all over the place today! The major indices were higher at the open, then continued to rally in the morning. But just after 10am ET, stocks turned on a dime. The sell off was brutal. For a little more than 2 hours, stocks moved straight down. But right around 12:20pm ET, the major … Read more
U.S. stock index futures pointed to a higher open on Wednesday after the release of strong corporate earnings from companies like United Technologies and Procter & Gamble. Around 7:15 a.m. ET, Dow Jones Industrial Average futures popped 147 points, indicating gain of 159.52 points at the open. Futures on the S&P 500 and Nasdaq 100 also … Read more