·
S&P
500
Technical Analysis: Bulls try to find support above
2,900.00
figure
The S&P
500
is in a bull trend.
The S&P
500
is consolidating sideways above the
200-
period simple moving averages while the RSI and Stochastics indicators remain constructive for further upside.
Resistances are to be expected near
2,917.00
August
29
high, the
2,939.50
level (all-time high) and
2,950.00
while support can be expected near
2,900.00
figure and
2,877.00 (
January swing high)...
• The Dow Jones Industrial Average .DJI rose 54.45 points, or 0.2 percent, to 26,828.39, the S&P 500 .SPX gained 2.08 points, or 0.07 percent, to 2,925.51 and the Nasdaq Composite .IXIC added 25.54 points, or 0.32 percent, to 8,025.09.
Wall Street advanced on Wednesday and the Dow Jones Industrial Average closed at a record for a second day, after U.S. economic data fueled a rise in Treasury yields, lifting financial stocks.
• Traders now see a 79.7 percent chance of a 25 basis point hike at...
·
European shares fell in early trade on Thursday, led lower by defensive stocks, while banks tracked gains by their U.S. peers after strong data lifted Treasury yields to their highest since mid-
2011.
The pan-European STOXX
600
benchmark index was down
0.5
percent by
0726
GMT. Germany's DAX .GDAXI also declined
0.5
percent and the UK's FTSE .FTSE fell
0.6
percent.
·
Japan’s Nikkei dropped to a one-week low on Thursday as investors took profits after a...
· The Dow Jones Industrial Average .DJI rose 122.73 points, or 0.46 percent, to 26,773.94, the S&P 500 .SPX lost 1.16 points, or 0.04 percent, to 2,923.43 and the Nasdaq Composite .IXIC dropped 37.76 points, or 0.47 percent, to 7,999.55.
· The Dow hit a record closing high on Tuesday, but another drop in Facebook shares weighed on both the S&P 500 and Nasdaq, driving both to finish in the red.
• Asia markets were mixed on Wednesday morning following the Dow Jones Industrial Average's...
·
S&P500 Technical Analysis: Bulls looking for a breakout above 2,940.00 all-time high
The S&P500 is in a strong bull trend.
The S&P500 is in a sideways consolidation above the 50, 100 and 200-period simple moving averages while the RSI, MACD and Stochastics indicators remain constructive for further gains.
Resistances are to be expected near 2,939.50 (all-time high) and 2,950.00 while support can be expected near 2,900.00 figure and 2,877.00 (January swing high)
Main trend: Bullish...
·
The Dow Jones Industrial Average .DJI rose
192.9
points, or
0.73
percent, to
26
,
651.21
, the S&P
500 .
SPX gained
10.61
points, or
0.36
percent, to
2
,
924.59
and the Nasdaq Composite .IXIC dropped
9.05
points, or
0.11
percent, to
8
,
037.30.
The Dow and S&P
500
began the fourth quarter on a positive note on Monday, after a last-minute deal to salvage NAFTA as a trilateral pact helped ease trade worries, although major indexes finished off their session highs...
·
The S&P
500
posted a six-month winning streak between April and September, strongly recovering from a correction seen in February and March and overcoming fears of a trade war. This marks only the sixth time since
1928
such a streak took place between April and September, according to Bespoke Investment Group.
These streaks have typically preceded strong returns for investors heading into year-end. Data compiled by Bespoke show the S&P
500
averages a fourth-quarter gain of ...
• The Dow Jones Industrial Average rose 18.38 points, or 0.07 percent, to 26,458.31, the S&P 500 lost 0.02 point, or -0.00 percent, to 2,913.98 and the Nasdaq Composite added4.39 points, or 0.05 percent, to 8,046.35.
Wall Street ended flat, pulling back from early gains after Facebook disclosed a security breach. Tesla shares lost 13.9 percent after U.S. regulators sued Chief Executive Officer Elon Musk in a fraud complaint that seeks to remove him as CEO.
• Asia markets were mixed on Monday...
·
Stocks in Europe hovered around the flatline on Monday morning as investors digested news of a trade agreement between the U.S., Canada and Mexico.
The pan-European Stoxx
600
was mostly flat with the various sectors taking different directions. Travel and leisure was the worst-performer following news that Ryanair had cut its full-year profit guidance. The stock dropped above
8
percent in early deals.
·
Asia markets were mixed on Monday as the U.S. and Canada announced...
• The Dow Jones Industrial Average rose 54.65 points, or 0.21 percent, to 26,439.93, the S&P 500 gained 8.03 points, or 0.28 percent, to 2,914 and the Nasdaq Composite added51.60 points, or 0.65 percent, to 8,041.97.
Wall Street climbed on Thursday, helped by gains in Apple, Alphabet and Facebook, as well as the U.S. Federal Reserve’s confidence in the strength of the economy after it raised rates for the third time this year.
• “The Fed’s statement is essentially a green light for...
·
European stocks started off Friday's session on a relatively downbeat note, as investors monitor political turmoil seen in Europe and overseas.
The pan-European STOXX
600
fell
0.25
percent around the open, with almost all of the region's sectors slipping into negative territory. Almost all of Europe's bourses were trading lower at the beginning of Friday's trade.
·
Asian stocks rounded out a volatile month with gains on Friday, with Japanese shares outperforming...
• The Dow Jones Industrial Average .DJI ended down 0.4 percent at 26,385.28 points, while the S&P 500 .SPX lost 0.33 percent to 2,905.97. During the session, the S&P 500traded up as much as 0.53 percent.
The Nasdaq Composite .IXIC dropped 0.21 percent to 7,990.37.
A Wall Street rally collapsed and stocks turned negative shortly before the market close on Wednesday after investors reassessed the Federal Reserve’s policy statement and reduced their risk as they weighed how long the U.S....
•
European stocks came under pressure around the start of Thursday's trading session, as investors monitored political news going on around the world.
The pan-European STOXX
600
opened down in the red, off
0.48
percent, with almost all of the region's sectors dipping into negative territory. All major bourses and most peripheral markets posted slight losses.
•
Asian shares held firm on Thursday, outperforming sagging Wall Street shares, and U.S. bond yields fell...
• The Dow Jones Industrial Average .DJI fell 0.26 percent to end at 26,492.21 points, and the S&P 500 .SPX lost 0.13 percent to 2,915.56.
The S&P 500 fell on Tuesday as chipmakers were dented by ratings downgrades and utilities declined ahead of an expected Federal Reserve interest rate hike, offsetting a boost from the energy sector.
The Nasdaq Composite .IXIC rose 0.18 percent to 8,007.47. Amazon.com Inc (AMZN.O) provided the greatest lift to the technology-heavy index, jumping 2.08 percent...
• S&P500 Technical Analysis: Stocks pulling back slightly ahead of FOMC on Wednesday
The S&P500 is pulling back ahead of the FOMC meeting on Wednesday.
The S&P500 is trading well above its rising and widening 50, 100 and 200-period simple moving averages suggesting a strong bullish bias. The market is finding support just at2,917.00 (August 29 high). The RSI, MACD and Stochastics indicators are slighty slowing down.
A continuation of the consolidation can lead to 2,900.00 figure and 2,877.00...
• The Dow Jones Industrial Average .DJI fell 181.45 points, or 0.68 percent, to 26,562.05, the S&P 500 .SPX lost 10.3 points, or 0.35 percent, to 2,919.37, and the Nasdaq Composite .IXIC added 6.29 points, or 0.08 percent, to 7,993.25.
The S&P 500 and the Dow closed lower on Monday after a new round of U.S.-China trade tariffs kicked in, dampening last week’s hopes for talks between the two countries, and as investors awaited a widely expected interest rate hike by the Federal Reserve...
• S&P500 Technical Analysis: Bull trend remains intact as bulls support S&P500 above 2,900.00
S&P500 is pulling back slightly after reaching an all-time high last Thursday.
S&P500 found some buying interest near 2,917.00 (August 29 high) as the bulls are keeping the main bull trend intact. The 50, 100 and 200-day simple moving averages rising and widening while the RSI, MACD and Stochastics are in positive territories.
Bull targets might be located near 2,938.00 and 2,950.00.
Main trend: Bullish...
• The Dow Jones Industrial Average .DJI rose 86.52 points, or 0.32 percent, to 26,743.5, the S&P 500 .SPX lost 1.08 points, or 0.04 percent, to 2,929.67 and the Nasdaq Composite .IXIC dropped 41.28 points, or 0.51 percent, to 7,986.96.
Industrials led the Dow to a new closing high on Friday ahead of Monday’s major sector reshuffle, capping a week that largely shrugged off trade worries.
• Australia's market was lower in the morning of the first trading day of the week, following last Friday's...
• European stocks were mostly lower on Monday morning, as investors braced for the ramifications of another round of tariffs from the two major economies.
The pan-European Stoxx 600 was off by 0.22 percent with almost every sector in the red. Basic resources and autos were the worst-performers in early deals following renewed uncertainty over U.S.-China trade relations. Monday marks the day when the latest round of tariffs — which target products from both the U.S. and China — come into...
• The Dow Jones Industrial Average .DJI rose 251.22 points, or 0.95 percent, to 26,656.98, the S&P 500 .SPX gained 22.8 points, or 0.78 percent, to 2,930.75 and the Nasdaq Composite .IXIC added 78.19 points, or 0.98 percent, to 8,028.23.
The last time the S&P and Dow hit record intraday highs without the Nasdaq following suit was Dec. 13, 2017. Of the 11 major sectors of the S&P 500, all but energy .SPNY ended the session in positive territory.
Trade-sensitive industrial stocks led the Dow Jones...