Daily Comment

Friday January 20th

U.S. stock market index futures were higher on Friday as investors tried to hang onto the January rally amid worries about monetary policy and slowing earnings. Futures tied to the Dow Jones Industrial Average dipped 14 points, or less than 0.1%. S&P 500 and Nasdaq-100 futures gained 0.1% and 0.3%, respectively. Netflix jumped 7% after […]

Thursday January 19th

U.S. stock market index futures traded lower Thursday, building on the losses from the previous session, as rate and recession fears dented market sentiment. Futures tied to the Dow Jones Industrial Average fell 224 points, or 0.7%. S&P 500 futures and Nasdaq 100 futures shed 0.7% and 0.9%, respectively. Wall Street is coming off a […]

Wednesday January 18th

U.S. stock market index futures were little changed Wednesday as the corporate earnings season rolled on. Futures tied to the Dow Jones Industrial Average rose 41 points, or 0.1%. S&P 500 futures and Nasdaq-100 futures added 0.2%. Shares of United Airlines rose more than 2% in premarket trading after the company beat Wall Street’s estimates in the latest quarter, […]

Tuesday January 17th

U.S. stock market index futures traded lower Tuesday as investors attempted to keep building on early 2023 momentum and weighed the latest earnings results. Futures tied to the Dow Jones Industrial Average lost 81 points, or 0.2%. S&P 500 futures dropped 0.1%, while Nasdaq-100 futures slid 0.2%. Goldman Sachs reported a smaller-than-expected profit for the […]

Monday January 16th

U.S. markets are closed for Martin Luther King Day. European markets were cautiously higher on Monday as investors assessed the growth and inflation outlook in light of recent data alongside the beginning of corporate earnings season. The pan-European Stoxx 600 index was up 0.3% by mid-afternoon, with financial services adding 0.8% while travel and leisure stocks dropped […]

Thursday January 12th

U.S. stock market index futures lightly advanced Thursday as investors awaited a key inflation report to assess the outlook for the Federal Reserve’s rate-hiking campaign. Futures linked to the Dow Jones Industrial Average gained 53 points, or 0.2%. S&P 500 futures were up 0.2%, while Nasdaq-100 futures added 0.1%. All eyes are on December’s consumer […]

Wednesday January 11th

U.S. stock market index futures rose Wednesday as Wall Street looked to build on what has been a positive start to 2023 so far. Futures tied to the Dow Jones Industrial Average ticked up 51 points, or 0.2%. S&P 500 futures advanced 0.2%, while and Nasdaq 100 gained 0.1%. The moves come after the Nasdaq Composite […]

Tuesday January 10th

U.S. stock market index futures were down Tuesday as concern over higher rates lingered among traders awaiting comments from a closely followed Federal Reserve leader. Futures tied to the Dow Jones Industrial Average shed 142 points, or 0.4%. S&P 500 futures fell also fell 0.4%, while Nasdaq-100 futures dropped 0.6%. Atlanta Fed President Raphael Bostic […]

Monday January 9th

U.S. stock market index futures rose Monday after the major averages notched their first big rally of the new trading year. Futures tied to the Dow Jones Industrial Average ticked up 113 points, or 0.3%, while S&P 500 and Nasdaq 100 futures added 0.5% and 0.6%, respectively. All the major averages advanced last week, with the […]

Friday January 6th

U.S. stock market index futures were little changed Friday as investors looked ahead to the December jobs report release. Strong jobs data in the previous session led to declines in the major averages as it pointed to further rate hikes ahead. Dow Jones Industrial Average futures rose by 24 points, or 0.07%. S&P 500 futures […]

Thursday January 5th

U.S. stock market index futures fell Thursday after private payroll data showed the labor market is still strong amid the Federal Reserve’s interest rate hikes to tame inflation. Futures tied to the Dow Jones Industrial Average fell 158 points, or 0.47%. S&P 500 Nasdaq 100 futures slipped 0.48% and 0.48%, respectively. U.S. stock futures fell […]

Wednesday January 4th

U.S. stock market index futures traded higher Wednesday and rates slid as investors await key economic data reports that will show how the U.S. economy is faring amid the Federal Reserve’s rate hikes to tame inflation. Futures tied to the Dow Jones Industrial Average rose 100 points, or 0.30%. S&P 500 and Nasdaq-100 futures climbed […]
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