Overnight futures trading has been more active than usual to start the new trading week. Coming off of strong gains on Friday which saw that Dow and S&P close at or near their highs for the year and the Russell
Building on Tuesday’s gains, US index futures are up 0.3%-0.6% this morning. Over in Europe, the Dax is up 1.0%, while the FTSE is down slightly. In Asia Pacific trading, the Hang Seng dropped 2.0% overnight. Treasury yields continue to
US equities are acting this morning like the heavy hitters already have one foot out the door. Typically equity trading during US Thanksgiving week slows down Wednesday afternoon, is closed Thursday for turkey and football, sees a quiet Friday half
US index futures are trading flat to up 0.2% this morning as investors digest the market rally of the last week which has seen the NASDAQ gain 6.1%, the S&P 500 gain 4.4% and the S&P/TSX Composite rally 3.7%. European
Overseas markets have turned back downward overnight. In Asia Pacific trading Seoul fell 2.3%, Tokyo lost 1.3% and Hong Kong dropped 1.6%. In Europe this morning, London is flat, Frankfurt is down 0.2% and Paris plus Milan are down 0.5%.
Treasury yields continue their ascent this morning. The US 10-year Treasury Note Yield has climbed up above 5.00% for the first time since 2007, while the German 30-year Bund is approaching 3.00% once again. With monetary headwinds still in place,
With Monday’s market gains downshifting into flat to slightly lower US markets and US index futures falling 0.2% to 0.6% this morning, dominance in equity markets has shifted from bulls to bears as the week has progressed. Tensions in Israel
Coming off a busy Friday which saw the NASDAQ drop 1.25% while Crude Oil and Gold soared, world markets are quiet so far today with investors digesting recent trading action on a quiet day for business news. US index futures
The Energy sector has moved back into the spotlight with the announcement that ExxonMobil (XOM) has agreed to merge with Pioneer Natural Resources (PXD) in an all-stock deal valued at $60 Billion. ExxonMobil is down 2.5% in premarket trading which
In the wake of yesterday’s big broad based global selloff across multiple asset classes, investors have been trying to pick up the pieces this morning. US index futures are trading up 0.2%-0.7%, trying to regain their footing from this week’s