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S+P 500 futures in the green now today
The S+P 500 was the best performing major US stock market by the close last night, but only just and it still posted a lower close on the day. The index handed back 0.29% when it closed 14.83 points lower, at 5,150.48. However, earlier in the day it had traded to a low at 5,123.30 and there were no fresh records for the index yesterday, as it peaked at 5,176.85. Earlier today the index was pricing a lower opening, but right now that is not the case. There are some US data releases due out later, which might impact that opening too. We have New York Fed index (Empire)- expected to weaken to -7 from -2.4 at 12.30pm GMT and then later at 2pm GMT the University of Michigan consumer confidence index. In between those two, at 1.15pm GMT we get the latest US industrial production data, but those last two come after the S+P reopens. Right now that reopening is priced at around 5,162
Market News
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Nasdaq 100 extends opening gains closer to the first technical correction level (corrected)
Much earlier today an update here noted the first technical correction level on the Nasdaq 100. To repeat here; it is at 20,325 and represents a 38.2%... -
Nasdaq 100 extends opening gains closer to the first technical correction level
Much earlier today an update here noted the first technical correction level on the Nasdaq 100. To repeat here that, it is at 20,325 and represents a... -
US consumer confidence and Richmond Fed both miss estimates- EUR/USD edges higher
The earlier noted US economic releases (consumer confidence, new home sales and the Richmond Fed index) have just hit the screens. As noted earlier...
