S&P 500 E-Mini Jun '21 (ESM21)
S&P 500 E-Mini Futures Market News and Commentary
The S&P 500 Index ($SPX) this morning is up +0.26%, the Dow Jones Industrials Index ($DOWI) is up +0.46%, and the Nasdaq 100 Index ($IUXX) is down -0.02%.
U.S. stock indexes this morning are mixed, with the S&P 500 and Dow Jones Industrials at new all-time highs. Strength in Chinese economic data bolstered optimism in the global recovery and is fueling gains in U.S. stocks today. Strength in the U.S. housing market was another positive factor for stocks today.Weakness in technology stocks today is limiting gains in the overall market and dragged the Nasdaq 100 into negative territory.
Notable gainers lifting the S&P 500 to a new record high today include a +3% gain in Sherwin Williams (SHW) and a +2% gain in JB Hunt Transport Services (JBHT) and Whirlpool (WHR). Helping lift the DJIA to to a new record high today is a +2% jump in Cisco Systems (CSCO) and a +1% increase in Home Depot (HD).
Weighing on the overall market and dragging the Nasdaq... Read more
- Earnings Season’s Hot Start
“Other than my Cincinnati Bengals breaking my heart, few things are more consistent than stocks higher in April.”
- Gold Fireworks Doubt the Official Inflation Story
The S&P 500 red candle and then some – erased in a day, that‘s what you get with the Fed always having your back. The staircase climb certainly looks...
- Emini SP Market Profile reading and intraday trade idea
We present our usual market profile reading for the broad market futures
- Buy Stuff
From Commodity Insite dated....
- News Tsunami Doesn't Deter Markets
Yesterday the markets advanced based on good economic news. Will this continue today? Read on to learn more
- Stock Index Futures Climb Higher, ES Chart Review & Support and Resistance Levels 4.16.2021
Stock Index Futures Climb Higher, ES Chart Review & Support and Resistance Levels 4.16.2021