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...
As the year approaches its conclusion, financial professionals can enumerate a range of reasons for the continued ascent of the U.S. stock market. Nevertheless, a faction of Wall Street strategists contends that attributing the market gains solely to the possibility of a “soft landing” for the U.S. economy or potential...
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...
Approaching the year’s final Federal Reserve meeting, stock markets continue their ascent to new record highs. The pivotal question remains: Can the Fed sustain this upward trajectory? The answer hinges on the forthcoming insights from Chair Jerome Powell and the dot plot detailing future rate expectations. Diverging from the current...
