S&P 500 futures retreat in premarket after yesterday erased all of 2020 losses and investors taking some money off the table. Optimism about the reopening of the economy fades away today
The Dow Jones declined by more than 0.85% as investors waited for the Federal Reserve interest rate decision. Investors are also concerned about the growing geopolitical tensions and a potential upswing in coronavirus cases after weeks of protests. The fear and greed index, which was developed by CNN Money has ticked higher and is now at 68, which is a sign that greed has returned to the market.
FTSE 100 starts lower as investors are booking some profits from the relief rally. The World Health Organization said that...
The DAX index declined by more than 0.90% as the recent rally took a breather. The index is trading at €12,720, which is a few points below the March high of €13,817. The divide between the gainers and laggards was similar, with Lufthansa being the best-performing stock in the index.
The Nikkei 225 was the biggest laggard in Asia today. The index dropped by 0.35% and is now trading at ¥23,096, which is inches below the yesterday’s high of ¥23,175. The other laggard in Asia-Pacific was DJ New Zealand, which declined by more than 2%. On the other hand, the Hang Seng was the best-performing index after the government agreed to bailout Cathay Pacific.
The Hang Seng index was among the best-performing indices in Asia today. The index, which is in its seventh day...
USD Index (DXY) continues to drop as the USD is still seeing bearish pressure across the board.
After Friday’s bullish move into all-time high territory following a Non-Farm Payrolls report that stunned the markets, the Nasdaq 100...
The S&P 500 index rallied by more than 0.50% as investors remained optimistic of the US recovery after the blockbuster US jobs data. The index is trading at $3200, which is the highest it has been since February. The upward trend mean that the index is less than 200 points below its YTD high of $3396.
The Dow Jones futures extend gains for sixth consecutive trading days as New York is reopening today, and optimism for a fast recovery strengthens after Friday’s robust employment data.