Indecisive investor sentiment in the US, which led to a gain of 0.25% for the Dow and a 1.00% loss for the NASDAQ yesterday, continues this morning with the holiday weekend approaching as Dow Futures are up 0.1% and NASDAQ
Trading across global equity markets has been flat to moderately lower this morning. In the US, the three main index futures contracts are hovering between -0.1% and +0.1%. Major European indices are down across the board, including losses of 0.3%
Continuing yesterday’s pullback which saw US indices decline 0.75% to 1.00%, US index futures are down 0.4% to 0.9% this morning. European markets are also in retreat today with the Dax declining 1.6% and the FTSE falling 0.7%. With the
Building in yesterday’s moderate gains of about 0.3% for US large-cap indices (although the small cap Russell 2000 finished down 0.8%), world equity markets have been climbing overnight and into this morning. In Asia Pacific trading, the Nikkei gained 1.5%
Investors had already been on tenterhooks about stagflation and yesterday after the European Central Bank announced a new interest rate hike program, raised inflation guidance and cut GDP guidance, and this morning, hot inflation numbers out of the US and
Building on yesterday’s afternoon rebound in North America which finished with the main US indices up 0.1% to 0.4%, US index futures are up 0.1% to 0.3% as stocks try to claw back some of their losses from earlier in
The choppy, back and forth trading across asset classes, which has been the main theme of the week so far, has continued overnight and into this morning. US index futures are up 1.0% to 1.3%, clawing back yesterday’s US index
The continuing war in Ukraine and yesterday’s decision by OPEC+ to continue its supply restoration program (400,000 bbl/day per month) as is continues to underpin energy contracts. Today WTI crude is up another 3.1% and Brent Crude is trading above
US index futures are mixed this morning as stocks struggle to regain their footing following yesterday’s afternoon selloff. Dow futures are up 0.2% while NASDAQ futures are down 0.4%. Fed minutes, which suggested that not only is the US central