A pair of ‘doji’ formations has surfaced on the S&P 500’s candlestick charts, indicating the potential for a significant market move, although the direction remains uncertain. Despite a notable surge, signs of bearish sentiment are emerging in a key U.S. index. The S&P 500 is poised within 2% of its...
On Monday, U.S. stock futures flirted with reaching their peak for the year, buoyed by benchmark borrowing costs lingering near their summer lows. Here’s a snapshot of how stock-index futures are performing: In the previous session, the Dow Jones Industrial Average rose by 57 points, or 0.15%, to 37305, the...
U.S. stock markets capped off their seventh consecutive week of gains as they closed mostly higher on Friday, following the Federal Reserve’s policy meeting. According to Dow Jones Market Data, the S&P 500 achieved its lengthiest weekly winning streak since November 2017. Breaking down the performance of key indices on...
Early on Thursday, U.S. stock index futures saw gains as investors continued to applaud an unexpected dovish shift in the Federal Reserve’s policy. Here’s the current status of stock-index futures trading: Wednesday’s market performance showed the Dow Jones Industrial Average rising 1.4% to 37090, the S&P 500 increasing 1.37% to...
On Monday, U.S. stock futures struggled to find firm footing as investors anticipated a busy economic week, highlighted by upcoming events such as the release of consumer prices and the final Federal Reserve meeting of the year. A glimpse into stock-index futures activity reveals: In Friday’s trading, the Dow industrials...
Tom Lee, the head of research at Fundstrat Global Advisors and a consistent advocate for equities, envisions the S&P 500 rallying to 5,200 by the end of the upcoming year, indicating a robust 14% increase from its current level. In his analysis released on Thursday, Lee predicts that the decline...
