Tag: U.S. equitySort
Increased demand for higher risk assets overnight is helping to drive U.S. equity markets overnight. After several days of sideways trading, and the appearance that the markets were going to remain rangebound, the December E-mini S&P 500 finally broke out to the upside; leading to speculation that today may be a “risk on” day.
U.S. Equity Markets Rangebound, but Jobless Claims may Trigger Breakout
Today marks day 15 of the current rally in the U.S. equity markets and the action the past three days is suggesting that this rally may be running out of steam. The December E-mini S&P chart in particular seems to be indicating that we are still rangebound and that the markets are merely testing the upper boundary of the range.
Appetite for Risk Driving U.S. Equity Markets Higher, T-Bonds Lower
At least for the time being, investor appetite for risk seems to be stronger than the desire for safety, driving up U.S. equity markets ahead of the opening. This morning’s possible rally was tipped off yesterday when all three major futures indices posted daily closing price reversal bottoms.
U.S. Equity Markets Bracing for Reaction to Cisco News
U.S. stock index futures are trading lower in the pre-market. Although the indices sold off last night, they did mount a recovery from the lows, but traders are still skeptical about how the markets will react to the news that Cisco’s sales forecast missed analysts’ estimates when U.S. markets open later this morning.
U.S. Equity Rally Stalls after J.P. Morgan Reports Good Earnings
U.S. equity futures markets moved higher in pre-market trading after a lackluster overnight trade, bolstered by news that earnings from J.P. Morgan exceeded analyst estimates. The company reported a net profit per share of $1.09, compared with the analysts’ consensus forecast of 67 cents.
Pre-Report Profit-Taking Drives U.S. Equity Markets Lower
U.S. Equity Markets Called Higher; Appetite for Risk Rising
U.S. Equity Markets Set to Open Better; Continue to Expect Low Volume
Based on firm Asian equity markets, U.S. stock indices are called better, but traders should brace for another day of light volume and low volatility. The slightly weaker Dollar is lending some support to higher risk assets overnight, but traders seem reluctant to take a major position ahead of this Friday’s U.S. Jobs Data.
U.S. Equity Markets firm after EU agrees on Financial Aid Package
Optimism Helping to Drive U.S. Equity Markets Higher
U.S. stock markets are trading sharply higher at the mid-session, driven by reports that the Greek sovereign debt problems will be resolved shortly. Stock investors are driving up stocks across the board as confidence is being restored to the markets. Bargain hunters have also stepping in to take advantage of lower priced equities.