S&P 500 E-Mini Futures Market News and Commentary
The S&P 500 Index ($SPX) on Monday closed up +0.27%, the Dow Jones Industrials Index ($DOWI) closed up +1.30%, and the Nasdaq 100 Index ($IUXX) closed down -0.49%.
U.S. stock indexes on Monday settled mixed with the S&P 500 and Dow Jones Industrials at 5-1/2 month highs. Stocks found support after President Trump on Saturday took executive actions to extend economic aid. Stocks also rallied on better-than-expected U.S. labor market data. Weakness in technology stocks weighed on the Nasdaq 100.
U.S. stock indexes found support Monday after President Trump on Saturday used executive actions to extend economic aid. Mr. Trump signed four executive orders, including extending unemployment benefits, eviction protection, student loan relief, and a temporary payroll tax deferral, as Congress remains at an impasse on passing a new virus relief package.
Monday's U.S. economic data was bullish for stocks after U.S. June JOLTS job openings unexpectedly rose +518,000 to 5.88... Read more