Nasdaq 100 Micro Dec '21 (NMZ21)
Nasdaq 100 Micro Futures Market News and Commentary
What you need to know…
The S&P 500 Index ($SPX) (SPY) on Wednesday closed up +0.95%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.60%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.48%.
U.S. stock indexes Wednesday rose moderately, with the S&P 500 and Dow Jones Industrials posting 1-week highs. A +13% jump in Nordstrom boosted the overall market after it raised its 2023 revenue forecast and eased concerns about a slowdown in consumer spending. Target and Walmart were slammed earlier last week after cutting their growth estimates.
Also, energy stocks gained Wednesday as the price of natural gas jumped to a 14-year high.
Stock indexes extended their gains Wednesday afternoon after the minutes of the May 3-4 FOMC meeting gave no signals that the Fed will turn more hawkish to fight inflation.
Stocks Wednesday morning initially moved lower on global growth concerns after Chinese Premier Li Keqiang said China’s economic difficulties a... Read more
- $QQQ & $SPY Fill The Trading Gap before $SNOW & $NVDA Earnings | Midday Market Minute | 5.25.22
Stock & Commodity Trading Analysis | Blue Line Futures
- 3 Stock Buybacks Investors Can Get Behind
A total of 59 S&P 1500 constituents announced stock buybacks in the past 30 days. Here are three worth investing in.
- Stocks Gain as FOMC Minutes Reduce Hawkish-Fed Concerns
What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +0.95%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.60%,...
- 5 Dividend Stocks With High Yields and Low P/E's
These five dividend stocks have higher than normal yields as well as P/E ratios that are below 10 to 11x earnings on a forward basis. That makes them very...
- Fed’s Quantitative Tightening Brings Uncertainty
The minutes of the May 3-4 FOMC meeting to be released later today may shed details on the Fed’s plan to let billions of dollars of bonds mature each...
- Stocks Mixed Ahead of FOMC Minutes
What you need to know… The S&P 500 Index ($SPX ) (SPY ) this morning is up by +0.30%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.17%, and...