18 08 US PRE OPEN
The S&P 500 Futures remains on the upside after the Nasdaq 100 Index charged 124 points (+1.11%) higher yesterday
Share this:
The S&P 500 Futures remains on the upside after the Nasdaq 100 Index charged 124 points (+1.11%) higher yesterday to a fresh record close of 11288. The S&P 500 added 9 points (+0.27%) to 3382, just below its record close of 3386 seen in February.
Housing Starts for July (annualized rate rising to 1.24 million units expected) will be reported later today. Building permits are expected at 1.3 million units.
European indices are rebounding after a negative start. It is reported that the British government is hopeful of a post-Brexit trade deal with European Union next month, as the two sides entered their seventh round of negotiations.
Asian indices closed mixed as Japanese Nikkei and Hong Kong HSI lost ground when Chinese CSI and Australian ASX closed in the green. Further limitations on Huawei ability to acquire U.S. technology were implemented by the U.S. government.
WTI Crude Oil futures remain on the upside. The U.S. Energy Information Administration (EIA) projected that the production of U.S. shale oil would fall by 19K b/d to 7.56M b/d in September. Later today, API would release the change of U.S. oil stockpile data for August 14. Russian Energy Minister Novak, tested positive for Covid-19, will join the OPEC meeting by video on Wednesday.
Gold rebounds above 2,000 dollars on US dollar weakness, as the greenback is hurt by lowering yields and weak US data.
Gold rose 22.1 dollars (+1.11%) to 2007.4 dollars while the dollar index fell 0.34pt to 92.515.
U.S. Equity Snapshot
Wal-Mart (WMT), the retailer, is soaring before hours after reporting second quarter adjusted EPS that smashed estimates.
Source: TradingView, GAIN Capital
Amazon.com (AMZN), the e-commerce giant, "announced plans to create 3,500 new tech and corporate jobs across six cities in the United States. The company will expand its Tech Hubs in Dallas, Detroit, Denver, New York (Manhattan), Phoenix, and San Diego. Amazon will invest more than 1.4 billion dollars in these new offices."
Boeing (BA), an aircraft manufacturer, is planning a second round of job cuts this year, according to Bloomberg.
Oracle (ORCL), a computer technology company, may bid for TikTok's U.S. operations, reported the Financial Times.
Home Depot (HD), the home improvement specialty retailer, is gaining ground before hours after posting second quarter comparable sales and EPS that beat forecasts.
Housing Starts for July (annualized rate rising to 1.24 million units expected) will be reported later today. Building permits are expected at 1.3 million units.
European indices are rebounding after a negative start. It is reported that the British government is hopeful of a post-Brexit trade deal with European Union next month, as the two sides entered their seventh round of negotiations.
Asian indices closed mixed as Japanese Nikkei and Hong Kong HSI lost ground when Chinese CSI and Australian ASX closed in the green. Further limitations on Huawei ability to acquire U.S. technology were implemented by the U.S. government.
WTI Crude Oil futures remain on the upside. The U.S. Energy Information Administration (EIA) projected that the production of U.S. shale oil would fall by 19K b/d to 7.56M b/d in September. Later today, API would release the change of U.S. oil stockpile data for August 14. Russian Energy Minister Novak, tested positive for Covid-19, will join the OPEC meeting by video on Wednesday.
Gold rebounds above 2,000 dollars on US dollar weakness, as the greenback is hurt by lowering yields and weak US data.
Gold rose 22.1 dollars (+1.11%) to 2007.4 dollars while the dollar index fell 0.34pt to 92.515.
U.S. Equity Snapshot
Wal-Mart (WMT), the retailer, is soaring before hours after reporting second quarter adjusted EPS that smashed estimates.
Source: TradingView, GAIN Capital
Amazon.com (AMZN), the e-commerce giant, "announced plans to create 3,500 new tech and corporate jobs across six cities in the United States. The company will expand its Tech Hubs in Dallas, Detroit, Denver, New York (Manhattan), Phoenix, and San Diego. Amazon will invest more than 1.4 billion dollars in these new offices."
Boeing (BA), an aircraft manufacturer, is planning a second round of job cuts this year, according to Bloomberg.
Oracle (ORCL), a computer technology company, may bid for TikTok's U.S. operations, reported the Financial Times.
Home Depot (HD), the home improvement specialty retailer, is gaining ground before hours after posting second quarter comparable sales and EPS that beat forecasts.
The S&P 500 Futures remains on the upside after the Nasdaq 100 Index charged 124 points (+1.11%) higher yesterday to a fresh record close of 11288. The S&P 500 added 9 points (+0.27%) to 3382, just below its record close of 3386 seen in February.
Housing Starts for July (annualized rate rising to 1.24 million units expected) will be reported later today. Building permits are expected at 1.3 million units.
European indices are rebounding after a negative start. It is reported that the British government is hopeful of a post-Brexit trade deal with European Union next month, as the two sides entered their seventh round of negotiations.
Asian indices closed mixed as Japanese Nikkei and Hong Kong HSI lost ground when Chinese CSI and Australian ASX closed in the green. Further limitations on Huawei ability to acquire U.S. technology were implemented by the U.S. government.
WTI Crude Oil futures remain on the upside. The U.S. Energy Information Administration (EIA) projected that the production of U.S. shale oil would fall by 19K b/d to 7.56M b/d in September. Later today, API would release the change of U.S. oil stockpile data for August 14. Russian Energy Minister Novak, tested positive for Covid-19, will join the OPEC meeting by video on Wednesday.
Gold rebounds above 2,000 dollars on US dollar weakness, as the greenback is hurt by lowering yields and weak US data.
Gold rose 22.1 dollars (+1.11%) to 2007.4 dollars while the dollar index fell 0.34pt to 92.515.
U.S. Equity Snapshot
Wal-Mart (WMT), the retailer, is soaring before hours after reporting second quarter adjusted EPS that smashed estimates.
Source: TradingView, GAIN Capital
Amazon.com (AMZN), the e-commerce giant, "announced plans to create 3,500 new tech and corporate jobs across six cities in the United States. The company will expand its Tech Hubs in Dallas, Detroit, Denver, New York (Manhattan), Phoenix, and San Diego. Amazon will invest more than 1.4 billion dollars in these new offices."
Boeing (BA), an aircraft manufacturer, is planning a second round of job cuts this year, according to Bloomberg.
Oracle (ORCL), a computer technology company, may bid for TikTok's U.S. operations, reported the Financial Times.
Home Depot (HD), the home improvement specialty retailer, is gaining ground before hours after posting second quarter comparable sales and EPS that beat forecasts.
Housing Starts for July (annualized rate rising to 1.24 million units expected) will be reported later today. Building permits are expected at 1.3 million units.
European indices are rebounding after a negative start. It is reported that the British government is hopeful of a post-Brexit trade deal with European Union next month, as the two sides entered their seventh round of negotiations.
Asian indices closed mixed as Japanese Nikkei and Hong Kong HSI lost ground when Chinese CSI and Australian ASX closed in the green. Further limitations on Huawei ability to acquire U.S. technology were implemented by the U.S. government.
WTI Crude Oil futures remain on the upside. The U.S. Energy Information Administration (EIA) projected that the production of U.S. shale oil would fall by 19K b/d to 7.56M b/d in September. Later today, API would release the change of U.S. oil stockpile data for August 14. Russian Energy Minister Novak, tested positive for Covid-19, will join the OPEC meeting by video on Wednesday.
Gold rebounds above 2,000 dollars on US dollar weakness, as the greenback is hurt by lowering yields and weak US data.
Gold rose 22.1 dollars (+1.11%) to 2007.4 dollars while the dollar index fell 0.34pt to 92.515.
U.S. Equity Snapshot
Wal-Mart (WMT), the retailer, is soaring before hours after reporting second quarter adjusted EPS that smashed estimates.
Source: TradingView, GAIN Capital
Amazon.com (AMZN), the e-commerce giant, "announced plans to create 3,500 new tech and corporate jobs across six cities in the United States. The company will expand its Tech Hubs in Dallas, Detroit, Denver, New York (Manhattan), Phoenix, and San Diego. Amazon will invest more than 1.4 billion dollars in these new offices."
Boeing (BA), an aircraft manufacturer, is planning a second round of job cuts this year, according to Bloomberg.
Oracle (ORCL), a computer technology company, may bid for TikTok's U.S. operations, reported the Financial Times.
Home Depot (HD), the home improvement specialty retailer, is gaining ground before hours after posting second quarter comparable sales and EPS that beat forecasts.
Latest market news
The complete CFD trading experience
Award-winning platforms, competitive spreads, low commissions and dedicated support.
We live and breathe the markets and are dedicated to helping traders realise their ambitions as we continue to set the industry bar.
Economic calendar
Web Trader platform
Our sophisticated web-based platform is packed with features.
Related articles
S&P 500 forecast: Stocks extend drop as correction risks grow
US and global equity markets have extended Wednesday’s sell-off, with Wall Street opening lower after a weak handover from Asia and Europe. The deterioration in risk appetite has been spreading across global markets. The dollar was firmer, Treasury yields were holding onto yesterday’s gains, while gold, silver and bitcoin were all under pressure alongside equities and major currencies.
Nikkei threatens breakout as tech rebound broadens
Breakouts across the SOX and Nasdaq are being matched by rebounds across Asia, with the Nikkei now threatening to join the move.
Nasdaq 100 Forecast: Confidence Returns as the Index Challenges Record Highs
The trading week is getting underway with renewed bullish momentum across Nasdaq. This is reflected in today's session, where the index has gained more than 2.5%, highlighting a buying bias that has not been observed with this level of strength in several weeks.
StoneX Europe Ltd may make third party material available on this website which may contain information included but not limited to the conditions of financial markets. The material is for information purposes only and does not contain, and should not be construed as containing, investment advice and/or investment recommendation and/or an investment research and/or an offer of or solicitation for any transactions in financial instruments; any decision to enter into a specific transaction shall be made by the client following an assessment by him/her of their situation.
StoneX Europe Ltd makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplied. You should always seek independent advice as to your suitability to speculate in any related markets and your ability to assume the associated risks, if you are at all unsure. We are not under any obligation to update any such material. Any opinion made may be personal to the author and may not reflect the opinion of StoneX Europe Ltd.