s&p 500October 24th, 2017

Its all seems too unbelievable. The global markets keep going up. Forget the crash idea, the markets don’t even pull back. Wednesday night, the S&P 500 futures traded down to 2542.50 on Globex, and rallied up to 2561.50 on Thursday. On Thursday night the Senate passed a budget proposal, and the ES traded all the way up to another ‘new all-time’ contract high at 2571.75. Mitch McConnell (R., Ky.), Senate Majority Leader, said ‘Passing this budget is critical to getting tax reform done, so we can strengthen our economy after years of stagnation under the previous administration.’ The dollar rallied and European shares advanced.

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emini s&p brokers

emini s&p brokers

August 8th, 2016

U.S. stock markets pointed to more gains at the open on Monday, with the S&P 500 and Nasdaq on track to hit fresh record highs as sentiment was underpinned by a stronger-than-expected U.S. jobs report released Friday.

The blue-chip Dow futures tacked on 36 points, or 0.2%, by 10:53GMT, or 6:53AM ET, the S&P 500 futures inched up 4 points, or 0.18%, while the tech-heavy Nasdaq 100 futures advanced 13 points, or 0.26%.

U.S. stocks notched their best day in a month on Friday, with the S&P 500 and Nasdaq closing at record highs after data showed the U.S. added 255,000 jobs last month, beating forecasts and bolstering expectations of faster economic growth.

The upbeat jobs figure reignited speculation that the Federal Reserve will lift interest rates by the end of this year. Fed funds futures are currently pricing in a 15% chance of a rate hike by September. December odds were at around 44%, up from 33% ahead of the report.

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s&p futures news

s&p futures news

January 9th, 2015

U.S. stocks fell after a two-day rally as energy shares tumbled, American wages fell and concern grew that Europe’s stimulus plan might not be sufficient.

The Standard & Poor’s 500 Index (SPX) fell 0.7 percent to 2,048.40 at 12:06 p.m. in New York. The loss sent the benchmark index (VIX) 0.5 percent lower for the week. The Dow Jones Industrial Average dropped 138.81 points, or 0.8 percent, to 17,769.06. Energy shares retreated 0.9 percent as oil resumed a selloff. Trading in S&P 500 companies was 7.2 percent below the 30-day average for this time of the day.

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s&p 500 futures

s&p 500 futures

June 27th, 2014

U.S. stocks rose, paring a weekly drop for the Standard & Poor’s 500 Index, as equities reversed losses in the final hour of trading amid Russell Investments’ annual revisions to its benchmark indexes.

Nike Inc. (NKE) added 1.1 percent after the largest sporting-goods maker posted profit that beat analysts’ estimates. GoPro Inc. (GPRO) rallied for a second day after going public. DuPont fell 3.3 percent after the maker of genetically-modified corn trimmed its profit estimate as farmers switched to soybeans. Dollar General Corp. sank 7.3 percent after the company’s chief executive said he would retire.

The S&P 500 increased 0.2 percent to 1,960.96 at 4 p.m. in New York after losing 0.3 percent earlier. The benchmark index has advanced 4.7 percent this quarter, its sixth straight gain for the longest winning streak since 1998. The Dow Jones Industrial Average rose 5.71 points, or less than 0.1 percent, to 16,851.84 today following an earlier drop of as much as 72 points. The Russell 2000 (RTY) Index of smaller stocks increased 0.7 percent on trading volume 161 percent higher than the 30-day average.

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April 4th, 2014

S&P 500 Futures – U.S. stocks fell the most in three weeks, as technology and consumer shares sank, after benchmark indexes had climbed to records on a government report showing employers added to payrolls last month.

A gauge of biotechnology stocks plunged 4.2 percent to erase a gain for the week. Microsoft Corp. lost 2.9 percent as an index of software makers fell 2.3 percent, the most among 24 groups in the Standard & Poor’s 500 Index. Utility shares added 0.9 percent. GrubHub Inc. surged 38 percent in its trading debut. Mylan Inc. jumped 3.3 percent after Meda AB said it rejected a takeover offer from the U.S. drugmaker.

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S&P 500 Futures – U.S. stocks dropped, sending the Standard & Poor’s 500 Index to a third day of losses, after minutes from the Federal Reserve signaled the central bank may reduce bond purchases in the coming months.

J.C. Penney Co. (JCP) jumped 8.4 percent as its sales decline abated in the third quarter. Yahoo (YHOO)! Inc. advanced 2.9 percent after the owner of the largest U.S. Internet portal boosted its stock-buyback plan by $5 billion. Deere & Co. (DE) rose 2.1 percent as it forecast better-than-estimated annual earnings on rising demand for construction and forestry machinery. Lowe’s (LOW) Cos., the second-biggest home improvement retailer, slipped 6.2 percent after profit trailed analysts’ projections.

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s&p 500 futures

s&p futures rise

June 17th, 2013

U.S. stocks advanced, with the Standard & Poor’s 500 Index rebounding from last week’s decline, as investors awaited this week’s Federal Reserve monetary policy meeting.

The S&P 500 (SPX) climbed 0.7 percent to 1,638.26 at 9:31 a.m. in New York.

“Markets have now come to terms with all this tapering talk and we’re going to have a relief rally this week,” Alan Higgins, chief investment officer at Coutts & Co. in London, told Mark Barton on Bloomberg Television. “There has been a lot of communication from a lot of people involved in the Fed, but Bernanke is definitely in charge. He can’t back away completely from tapering, but he’s likely to be dovish.”

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s&p 500 options

s&p 500 futures advance

May 17th, 2013

S&P 500 Futures – U.S. stocks advanced, putting the Standard & Poor’s 500 Index on track for its fourth straight week of gains, as gauges for leading indicators and consumer sentiment advanced more than estimated.

Northrop Grumman Corp. climbed 3.8 percent after increasing its share-buyback program by $4 billion. Boeing Co. and JPMorgan Chase & Co. added added more than 2 percent to pace gains in the Dow Jones Industrial Average. (INDU) J.C. Penney Co. slid 3.7 percent after its first-quarter loss widened.

The S&P 500 (SPX) rose 0.5 percent to 1,658.59. at 11:55 a.m. in New York. The equity benchmark is heading for a 1.5 percent weekly gain. The Dow advanced 61.95 points, or 0.4 percent, to 15,295.17, a fresh record. Options contracts on stocks, exchange-traded funds and indexes expire today, leading investors to adjust their holdings of some securities. Trading of S&P 500 stocks was 3.4 percent higher than the 30-day average at this time of day.

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November 6th, 2012

S&P 500 Futures – U.S. stocks rose, sending the Standard & Poor’s 500 Index higher for a second straight day, as American voters went to the polls to pick a president.

Hewlett-Packard Co. (HPQ) and United Technologies Corp. (UTX) added at least 2.6 percent to pace gains among the biggest companies. Computer Sciences Corp., the manager of networks for NASA, surged 17 percent as a cost-cutting program helped boost its profit forecast. Express Scripts (ESRX) Holding Co., the largest U.S. pharmacy benefits manager, plunged 12 percent after saying analysts’ profit estimates for 2013 were “overly aggressive.”

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October 11th, 2012

S&P 500 Futures – U.S. stocks advanced, sending the Standard & Poor’s 500 Index higher for the first time in five days, as American jobless claims slid to a four-year low and Italy’s bond yields fell after a debt sale.

The S&P 500 added 0.6 percent to 1,440.59 at 9:31 a.m. in New York. The benchmark gauge fell to the lowest level in a month yesterday on concern that the global economy is slowing down and will hurt corporate earnings.

“Recent U.S. macroeconomic data indicate things are not worsening,” said Manish Singh, who helps manage more than $2 billion as head of investment at Crossbridge Capital in London. “It’s fair to say Europe has been driving the risk in the market for some time. With the European Central Bank’s outright monetary transactions program on standby, the chances of a sell- off is remote. The downside risk to the economy will beget more monetary easing from both the developed and emerging world.”

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