Daily Comment

Monday May 22nd

U.S. stock index futures were little changed on Monday morning as traders monitored the negotiations over the U.S. debt ceiling as government officials scramble to avoid a default. Futures for the Dow Jones Industrial Average and S&P 500 futures traded flat, while Nasdaq 100 futures were 0.1% lower. Stocks rose last week despite the uncertainty […]

Friday May 19th

U.S. stock index futures futures rose slightly Friday as Wall Street continued monitoring the situation surrounding the debt ceiling. Futures connected to the Dow Jones Industrial Average added 94 points, or 0.28%, while S&P 500 gained 0.26%. Nasdaq-100 futures were flat. The major averages are headed for weekly gains. The S&P 500 is up 1.8% week to date through Thursday’s close. […]

Thursday May 18th

U.S. stock index futures were modestly higher Thursday as Wall Street evaluated Walmart’s quarterly earnings and hoped that the debt ceiling crisis would soon see a resolution. Futures linked to the S&P 500 and Nasdaq-100 were up about 0.1% each. Dow Jones Industrial Average futures traded slightly below the flatline, shedding 14 points. The market was helped by a nearly 2% gain […]

Wednesday May 17th

U.S. stock index futures rose Wednesday as investors hoped congressional leaders and President Joe Biden could come to a deal on the U.S. debt ceiling and avoid a catastrophic debt default. Futures tied to the Dow Jones Industrial Average added 133 points, or 0.4%. S&P 500 futures and Nasdaq-100 futures gained 0.4% and 0.2%, respectively. […]

Tuesday May 16th

U.S. stock index futures dipped Tuesday as investors digested a lackluster forecast from Home Depot, and turned their attention to a meeting between congressional leaders and President Joe Biden on the U.S. debt ceiling. Futures tied to the S&P 500 traded 0.27% lower, while Nasdaq 100 futures fell 0.21%. Futures linked to the Dow Jones Industrial Average lost 107 points, or […]

Monday May 15th

U.S. stock index futures rose on Monday following back-to-back weekly losses for the Dow Jones Industrial Average and S&P 500 as investors hoped Democrats and Republicans would reach a debt ceiling deal. Dow futures gained 56 points, or 0.17%. S&P 500 futures climbed 0.18%, and Nasdaq 100 futures advanced 0.15%. “The good news in our view is that amid elevated […]

Friday May 12th

U.S. stock index futures were higher Friday as regional banks rebounded and traders tried to end a volatile week on a high note. Dow Jones Industrial Average futures rose 104 points, or 0.3%. S&P 500 and Nasdaq 100 futures climbed 0.3% and 0.1%, respectively. Regional banks rose broadly after declining in the previous session. The SPDR S&P Regional Banking ETF (KRE) climbed […]

Thursday May 11th

U.S. stock index futures were little changed Thursday on a lower-than-expected wholesale inflation report and earnings from Disney. Dow Jones Industrial Average futures fell 134 points, or 0.4%. Nasdaq-100 futures advanced 0.2% while S&P 500 futures ticked down 0.1%. The producer price index, the Federal Reserve’s preferred inflation gauge that measures wholesale prices, increased just 0.2% in April. Economists polled by […]

Wednesday May 10th

U.S. stock index futures jumped after the latest inflation reading for April was tamer than feared. Futures tied to the Dow Jones Industrial Average gained 63 points, or 0.2%, while S&P 500 futures and Nasdaq-100 futures each jumped more than 0.3%. April consumer prices increased 4.9% from a year ago, that was less than the 5% annual increase expected by economists polled […]

Tuesday May 9th

U.S. stock index futures were under pressure Tuesday, with regional bank shares retreating, as investors readied for key inflation reports due later in the week and progress on the U.S. debt limit. Futures tied to the Dow Jones Industrial Average lost 69 points, or 0.2%. S&P 500 futures dipped 0.3% while Nasdaq-100 futures fell 0.5%. President Joe Biden is set […]

Monday May 8th

U.S. stock index futures tied to the Dow Jones Industrial Average rose slightly Monday as bank shares climbed, and investors looked ahead to a key inflation data release later in the week. Dow futures were up 93 points, or 0.4%. S&P 500 futures gained 0.2%. Nasdaq-100 futures were flat. Regional bank stocks rose broadly in the premarket, with the SPDR S&P […]

Friday May 5th

U.S. stock index futures rose Friday after tech giant Apple posted its latest quarterly figures, and investors looked ahead to the release of fresh U.S. jobs data. Futures tied to the Dow Jones Industrial Average gained 177 points, or 0.5%. S&P 500 futures gained 0.7% along with Nasdaq-100 futures. Apple posted beats on the top and bottom lines for the fiscal […]
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