Early on Wednesday, U.S. stock index futures experienced a slight softening as the ongoing rally took a brief pause, coinciding with a minor uptick in Treasury yields. Here’s a snapshot of the current status of stock-index futures: In the preceding session, the market performed as follows: Market Dynamics: The U.S....
The Nasdaq-100, being the leading performer among key U.S. stock indices this year, has just encountered its toughest two-week period since December, according to data from Dow Jones Market. On Friday, the tech-focused index ended a fortnight slide of 4.6%, dropping 100.77 points or 0.7%, to close at 15,028. This...
The U.S. stock index futures fell on Tuesday, reflecting a cautious market sentiment following the release of underwhelming Chinese international trade figures for July. Bank stocks grabbed attention after Moody’s Investor Service announced that it was considering downgrading its credit ratings for six significant U.S. banks. How are stock-index futures...
Stocks have surged to unprecedented heights, prompting a reassessment of S&P 500 targets by Wall Street. However, exercising caution and resisting the allure of hype is prudent. At the onset of the week, several strategists recalibrated their S&P 500 projections. Citigroup adjusted its mid-2024 estimate from 4400 to 5000, while...
The robust growth seen in the U.S. stock market during the first half of 2023 continued into the second half, encouraging optimistic investors to remain hopeful. This optimism has pushed the tech-heavy Nasdaq 100 index to increase by 42% for the year to date. On the other hand, conservative investors...
Day trading is a form of trading in which someone buys and sells a stock, commodity, currency, etc., within the same day. A day trade is considered successful when a trader makes a profit from the buying and selling of stocks during the same day. Day traders need to be...
