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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February 10th, 2012

S&P 500 – U.S. stocks fell, snapping a five- week-rally for the Standard & Poor’s 500 Index, amid concern plans to help Greece avoid default were unraveling.

Citigroup Inc. (C), Morgan Stanley and Bank of America Corp. (BAC) dropped more than 1.2 percent to pace losses in financial companies. Commodity producers retreated as Freeport-McMoRan Copper & Gold Inc. (FCX), Alcoa Inc. (AA) and Halliburton Co. (HAL) slid at least 1.2 percent. LinkedIn Corp., the biggest professional-networking website, jumped 10 percent after it reported sales that more than doubled and forecast higher 2012 revenue.

The S&P 500 declined 0.8 percent to 1,340.92 as of 9:39 a.m. New York time. The benchmark gauge for American equities has fallen 0.3 percent since Feb. 3, snapping the longest weekly rally since January 2011. The Dow Jones Industrial Average decreased 101.57 points, or 0.8 percent, to 12,788.89 today.

“We’ve had a flip-flop that triggered global selling,” Frederic Dickson, who helps oversee $28 billion as chief market strategist at D.A. Davidson & Co. in Lake Oswego, Oregon, said in a telephone interview. “Investors are responding to the sudden change in direction or the lack of resolution of the Greek/European problem that they felt was resolved.”

Equities followed a global slump as emergency talks of euro-area finance chiefs broke up late last night with Luxembourg Prime Minister Jean-Claude Juncker saying Greece must turn its budget cuts into law, flesh out 325 million euros in spending reductions and have its major party leaders sign up to the program so they don’t retreat after upcoming elections.

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Feb 8, 2012

S&P 500 Futures – U.S. stocks were little changed, a day after the Dow Jones Industrial Average reached the highest level since 2008, as Greek Prime Minister Lucas Papademos began talks with political leaders on terms required for a bailout.

Equities reversed gains after a report that the European Central Bank was still divided on its role in a Greek debt restructuring. Six out of 10 groups in the S&P 500 retreated as energy and utility shares had the biggest declines. Sprint (S) Nextel Corp., the third-largest U.S. wireless carrier, slumped 2 percent after reporting a wider loss. Hartford (HIG) Financial Services Group Inc. climbed 9.2 percent after billionaire John Paulson demanded action to boost the stock performance.

The Standard & Poor’s 500 Index fell less than 0.1 percent to 1,346.88 at 1:01 p.m. New York time, after rising as much as 0.3 percent earlier today. The Dow lost 15.48 points, or 0.1 percent, to 12,862.72.

“It seems as if everyone is holding their breath and waiting for some kind of resolution in Greece to let us know what direction to take next,” Michelle Gibley, senior market analyst at San Francisco-based Charles Schwab Corp., said in a telephone interview. Her firm has $1.68 trillion in client assets. “A deal will be made ultimately, but policy makers have already proven that deadlines mean little to them.”

Papademos began negotiating with leaders of the political parties supporting his caretaker government as he tried to make up for lost time to secure a second aid package. ECB policy makers are still divided on what contribution the central bank could make, Reuters reported, citing two unidentified euro-zone monetary-policy sources.

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February 3rd, 2012

S&P 500 Futures – U.S. stocks advanced, extending the best start to a year for the Standard & Poor’s 500 Index since 1989, after a report showed that employment growth topped estimates and the jobless rate unexpectedly fell to 8.3 percent.

Bank of America Corp. (BAC), Caterpillar Inc. (CAT) and Alcoa Inc. (AA) rallied at least 2.4 percent to pace gains among companies most- tied to economic growth. The Dow Jones Transportation Average gained 1.2 percent as FedEx Corp. (FDX) climbed 1.4 percent. Genworth Financial Inc. (GNW), a mortgage guarantor and life insurer, surged 14 percent after swinging to a profit. Tyson Foods Inc. (TSN) rose 5.3 percent as earnings at the meat processor beat estimates.

The S&P 500 added 1.3 percent to 1,342.83 at 11:55 a.m. New York time. The benchmark gauge has rallied for five straight weeks, the longest streak in a year. The Dow Jones Industrial Average gained 144.71 points, or 1.1 percent, to 12,850.12, the highest level on a closing basis since 2008. The Russell 2000 Index of small companies jumped 2.1 percent to 829.62.

“Spectacular,” Ron Florance, managing director of investment strategy for Wells Fargo Private Bank, said in a telephone interview from Phoenix. His firm manages $169 billion. “It’s a very, very strong jobs number. It shows that companies have confidence that they see global demand growth through their products and services. That will support risk assets.”

Stocks and bond yields jumped as the report fueled optimism the economy is weathering the European debt crisis. The 243,000 increase in payrolls was the most since April and exceeded all forecasts in a Bloomberg News survey. The unemployment rate dropped to the lowest since February 2009.

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January 31st, 2012

S&P 500 – U.S. stock futures rose, indicating the Standard & Poor’s 500 Index will cap the best January since 1997, as most countries in Europe agreed to tighter budget controls and Greece made progress on debt talks.

Bank of America Corp. and Morgan Stanley increased at least 1.1 percent, following gains in European lenders. Eli Lilly & Co. rallied 2.1 percent as the drugmaker’s profit beat projections. Archer Daniels Midland Co., the world’s largest grain processor, slumped 3.2 percent amid disappointing results.

S&P 500 futures expiring in March added 0.5 percent to 1,315.40 at 9:13 a.m. New York time. Dow Jones Industrial Average futures rose 50 points, or 0.4 percent, to 12,652.

“Most market participants will raise their glasses to usher out what has proved to be a decent January for performance, data and sentiment,” said Jim Reid, a global strategist at Deutsche Bank AG in London.

Global stocks rose today as European Union leaders, meeting in Brussels yesterday, completed a fiscal-discipline treaty that speeds sanctions on high-deficit states. Greek Prime Minister Lucas Papademos said he’s “strongly committed” to reaching a debt-swap pact with bondholders. Residential real estate prices fell more than forecast in November, showing distressed properties are hampering improvement in the U.S. housing market.

Stocks fell yesterday, sending the S&P 500 lower for a third day, as European leaders sparred with Greece over a second rescue program. The decline followed a four-week rally, which was driven by the Federal Reserve’s plans to keep interest rates low through at least late 2014 and better-than-estimated earnings. Of the 184 S&P 500 companies that reported results since Jan. 9, 123 posted per-share earnings that beat projections, Bloomberg data show.

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January 23rd, 2012

S&P 500 futures – U.S. stock futures were little changed, following a four-day rally for the Standard & Poor’s 500 Index, as finance ministers gathered in Brussels to discuss new budget rules and a Greek debt swap.

Bank of America Corp. and Chesapeake Energy Corp. (CHK) increased more than 1 percent to pace gains among the biggest companies. Research In Motion Ltd. (RIM) fell 1.8 percent after replacing its co- chief executive officers as the BlackBerry maker struggles to compete against Apple Inc. (AAPL)

S&P 500 futures expiring in March gained less than 0.1 percent to 1,311 at 8:39 a.m. New York time. Dow Jones Industrial Average futures climbed 10 points, or 0.1 percent, to 12,664 today.

European officials will forge ahead today with crafting a long-term plan to tackle the region’s debt crisis, as banking and government negotiators continue trying to reach an agreement that will lighten Greece ({GDBR10)’s debt burden. Bondholders negotiating a debt swap with Greece have made their “maximum” offer, leaving it to the European Union and International Monetary Fund to decide whether to accept the deal, the negotiator for private creditors said.

The S&P 500 rose all four days U.S. exchanges were open last week as data bolstered confidence in the American economy and companies from Goldman Sachs Group Inc. to Union Pacific Corp. topped analysts’ income projections. Of the 52 companies in the S&P 500 that reported results since Jan. 9, 34 posted per-share earnings that beat projections, Bloomberg data show.

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