<strong>Stocks Digest Earnings and Economic Reports Ahead of the Fed</strong>

The strong finish to January that saw US indices climb 1.0%-1.7% yesterday continued overnight with the Hang Seng gaining 1.0%. Momentum has faded this morning, however, with the Dax up 0.3% and the FTSE up 0.2%, while US index futures

<strong>Stocks Slide With Employment Related News In Focus</strong>

US index futures are down 0.3%-0.4% this morning giving back some of yesterday’s 0.4%-0.8% gains, dragged downward by mixed employment news. At the national level, the news has been positive with ADP private sector payrolls (235K vs street 150K) and

<strong>New Year’s Rally Arrives Overseas</strong>

Shrugging off yesterday’s soft US market action which saw major indices trade between flat and down 0.8%, overseas markets have been soaring overnight. Amid anticipation of Chinese economic reopening and some US regulatory developments for some Chinese companies, the Hang

Flat Futures Await Fed Interest Rate Decision

US index futures, along with the Dax and FTSE have been listless this morning, bouncing between -0.2% and +0.2%, with many investors apparently sitting on their hands, reluctant to commit ahead of today’s FOMC decision. Natural Gas has been active

Mixed Markets Digest Weak US ADP Payroll and Auto Sales Data

Although US index futures are up 0.3% to 0.5% this morning, today’s bounce has not been able to erase all of yesterday’s US declines of 0.50% to 0.75% for the major indices. European indices are also indecisive this morning with

ADP Payrolls and Positive Earnings In Focus

Early trading so far today has been a partial reversal of yesterday’s moves with equities giving back some of Tuesday’s gains and commodities plus gold clawing back some of yesterday’s losses. The catalyst for what so far appears to be

Natural Gas Slides as Storm Effect Fades

The recent run up in natural gas which was sparked by Gulf of Mexico production shut-ins related to Hurricane Ida appears to be coming to an end. The commodity price has come down 0.6% this morning as investors shift their

Employment, Inflation, Earnings and Services In Focus

World markets have been mixed again overnight and into this morning. US index futures are flat to down 0.2% this morning as stocks digest yesterday’s 0.5% to 0.8% gains for major US indices. European indices are in the green today

Stocks Pop On ADP Payrolls; Oil Rallies Ahead of OPEC+ Meeting

US index futures have clawed back nearly all of their overnight losses and jumped in the last few minutes on a better than expected ADP private sector payrolls report. The headline number showed a gain of 692K which was better

Payroll and Earnings Growth Drive Stocks Upward

Building on strong gains in Europe this morning, where the Dax is up 1.4% and the FTSE is up 1.2%, US index futures are up 0.2%-0.7% this morning, with the NASDAQ trying to bounce back from yesterday’s 1.8% drop leading