TAG: nasdaq-100
NASDAQ Index, SP500, Dow Jones Forecasts – Stocks Pull Back From Session Highs As Treasury Yields Rise
SP500SP500 010424 4h ChartSP500 pulls back as traders react to the better-than-expected ISM Manufacturing PMI report. The report indicated that ISM Manufacturing PMI increased from 47.8 in February to 50.3 in March, compared to analyst consensus of 48.4....
6 months ago
Nasdaq 100, Dow Jones, S&P 500 News: Wall Street Wavers Amid Inflation Uncertainty
U.S. Stock Market: Early Volatility Amid Mixed SignalsThe U.S. stock market is exhibiting a blend of strength and weakness in early trading this Monday, following a robust performance in the first quarter. Traders are assessing the impact of recent U.S. i...
6 months ago
Nasdaq Index, Dow Jones, S&P 500 News: Wall Street Lower Amid Sector Weakness
Stock Futures Slip Amid Health Insurer ConcernsIn Tuesday’s pre-market session, stock futures pointed down, continuing the recent trend of losses. Dow Jones Industrial Average and S&P 500 futures indicated a weaker opening, primarily impacted by devel...
6 months ago
NASDAQ Price Forecast – NASDAQ 100 Continues to Grind Away
NASDAQ 100 Technical AnalysisTaking a look at the NASDAQ 100 you can see that we did pull back just a bit in the early hours on Tuesday as the market continues to be somewhat choppy and noisy. I expect that to be the case most of this week because quite f...
6 months ago
Nasdaq 100, Dow Jones, S&P 500 News: US Stocks Drop Amid Reduced Rate Cut Expectations
Stock Market Retreats on Rate Cut ConcernsU.S. stock indexes experienced a downturn on Tuesday. The decline was primarily driven by heavyweight technology stocks and health insurers, amidst growing investor skepticism over the Federal Reserve’s potential...
6 months ago
NASDAQ Index, SP500, Dow Jones Forecasts – Major Indices Retreat As Healthcare Stocks Dive
SP500SP500 020424 4h ChartSP500 pulls back as traders take profits near historic highs. The yield of 10-year Treasuries tested the 4.40% level in today’s trading session, putting additional pressure on SP500. Today, traders focused on JOLTs Job Openings r...
6 months ago
Nasdaq 100: futures up after a session of limited gains
FOMC commentary and rate cut speculations There was plenty of FOMC (Federal Open Market Committee) members speaking. The attention was largely on Chairman Powell. He did not stick to a timeline on rate cuts, stating it's "too soon to say whether the recen...
6 months ago
Nasdaq Index, Dow Jones, S&P 500 News: Wall Street Mixed as Traders Await Inflation Data
Market OverviewStock futures are putting in a mixed performance at the start of the week, reflecting investor caution after the significant indices experienced setbacks last week.The Dow Jones Industrial Average dropped 2.3% last week, its largest weekly...
6 months ago
S&P 500 Treading Waters Along 5,200, Wed. CPI In Focus
Stock prices were rebounding on Friday, with the S&P 500 index gaining 1.11% and closing above the 5,200 level. The sentiment improved after a better-than-expected monthly jobs data. The market retraced most of its Thursday’s decline of 1.2%, but it s...
6 months ago
NASDAQ 100 Price Forecast – NASDAQ 100 Continues to Grind in a Box
NASDAQ 100 Technical AnalysisThe NASDAQ 100 dropped slightly during the trading session on Monday, as we continue to see a lot of back and forth after a huge move. The 50 day EMA sits just above the 17,775 level, an area that I think is massive support at...
6 months ago
Nasdaq 100, Dow Jones, S&P 500 News: Wall Street Rebounds Despite Rising Yields
Interest Rate Speculation Amid Economic StrengthThe U.S. stock market presents a mixed outlook on Monday as the S&P 500 and Nasdaq struggle for direction in response to rising Treasury yields. These movements reflect growing trader speculation regardi...
6 months ago
NASDAQ Index, SP500, Dow Jones Forecasts – Stocks Gain Some Ground In Quiet Trading
SP500SP500 080424 4h ChartSP500 gained some ground as traders waited for catalysts. The market prepares for inflation data, which will be released on Wednesday. Treasury yields tested new highs as bond traders bet on a more hawkish Fed. Interestingly, ris...
6 months ago
Key Event Risk of the Week: Markets Eyeing US CPI Inflation
Market ConsensusYear on yearHeadline: Estimate: 3.4%; Previous: 3.2% (Estimate Range: 3.5% High; 3.1% Low)Core: Estimate: 3.7%; Previous: 3.8% (Estimate Range: 3.8% High; 3.5% Low)Month on monthHeadline: Estimate: 0.3%; Previous: 0.4% (Estimate Range: 0.5...
6 months ago
Nasdaq Index, Dow Jones, S&P 500 News: Wall Street Bracing for Volatility as CPI Data Looms
Market Outlook Ahead of Inflation DataStock futures in the U.S. exhibited minimal changes on Tuesday, as market participants anticipated key inflation data releases. The previous trading session concluded with the S&P 500 marginally down by 0.04%, the...
6 months ago