TAG: sp-500
DAX Index Today: German Inflation Data, ECB Rate Cut Odds, and 18,650
Overview of the DAX Performance on ThursdayThe DAX advanced by 0.08% on Thursday, closing the session at 18,493. Significantly, the DAX rallied 4.61% in March and ended the first quarter up 10.39%.German Employment Figures Offset the Impact of Retail Sale...
6 months ago
Hang Seng Index, Nikkei 225, ASX 200: Forecasting Responses to US and China Indicators
US Equity Markets React to Inflation and Manufacturing PMIsOn Monday, the US markets had an opportunity to react to the US Personal Income and Outlays Report and Fed Chair Powell commentary. The Core PCE Price Index increased by 2.8% year-on-year in March...
6 months ago
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
ISM Manufacturing PMI Climbs Above 50, Beating Analyst Expectations
On April 1, 2024, the Institute for Supply Management released ISM Manufacturing PMI report for March. 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. Numbers above 5...
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
S&P 500 Price Forecast – Stocks Continue to Drift
S&P 500 Technical AnalysisThe S&P 500 fell a bit during the early hours on Tuesday as it looks like we are going to continue to consolidate and perhaps work off some of the froth from the move higher. Ultimately, this is a market that I do think e...
6 months ago
JOLTs Job Openings Meet Analyst Expectations
On April 2, 2024, the U.S. released JOLTs Job Openings report for February. The report indicated that JOLTs Job Openings remained unchanged at 8.75 million (the previous reading was revised from 8.86 million to 8.75 million). Analysts expected JOLTs Job O...
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
Hang Seng Index, Nikkei Index, ASX 200: Futures Flash Red Pre China Services PMI
US Equity Markets: US Factory Orders and Job OpeningsOn Wednesday, overnight US economic indicators warrant investor attention amidst increasing uncertainty about a June Fed rate cut.JOLTs job openings remained steady at 8.75 million in February after a d...
6 months ago
Hang Seng Index, Nikkei Index, ASX 200: Geopolitical Risks and US Jobs Report Impact
US Equity Markets: US Jobless Claims and Equity Market GainsOn Monday, the hotter-than-expected US Jobs Report and US equity market reaction warrant investor attention.Nonfarm payrolls surged 303,000, beating expectations of a 200,000 increase. The US une...
6 months ago
DAX Index Today: Navigating German Industrial and Trade Data and US Inflation
The Friday Overview of the DAX PerformanceThe DAX slid by 1.24% on Friday. Reversing a 0.19% gain from Thursday, the DAX ended the session at 18,175. The DAX saw only its second loss from twelve sessions.The Middle East, German Factory Orders, and Eurozon...
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