S&P 500 E-Mini Sep '20 (ESU20)
S&P 500 E-Mini Futures Market News and Commentary
The S&P 500 Index ($SPX) on Wednesday closed up +0.78%, the Dow Jones Industrials Index ($DOWI) closed up +0.68%, and the Nasdaq 100 Index ($IUXX) closed up +1.36%.
U.S. stock indexes on Wednesday moved higher throughout the day, propelled by gains in technology stocks with the Nasdaq 100 just below Tuesday's all-time high. Stocks had carry-over support from a +1.74% rally in China's Shanghai Composite to a new 17-month high on optimism that containment of the coronavirus in China will allow its economy to rebound and lead the global economic recovery.
Strength in mining stocks and metals producers are also helping to boost the overall market as the price of gold on Wednesday surged to an 8-3/4 year high, and the price of silver climbed to a 10-month high.
Wednesday's U.S. economic data was bearish for stocks after U.S. May consumer credit fell -$18.28 billion, weaker than expectations of -$15.00 billion.
Comments on Wednesday from Atlanta Fed President B... Read more
- Grain Comments for Today
In my afternoon comments I stated.....
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Bulls still working to restart price uptrend.
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U.S. stock index futures are higher as several Federal Reserve presidents hint at more stimulus.
- Corn December 2020
High performance technical analysis- Not to be missed
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Continuing our research from Part I, into what to expect in Q2 and Q3 of 2020, well start by discussing our Adaptive Dynamic Learning predictive modeling...