S&P 500 BUILDING MOMENTUM ON POSITIVE STRING OF RESULTS
Posted by admin in News on October 19, 2018S&P 500 futures are currently trading at 2793- higher by about 0.67% as compared to the previous close. The index futures have been closing in the red since the last two trading sessions. The S&P 500 gained as the consumer staples and technology sectors outperformed. S&P 500-member Procter & Gamble posted better-than-expected earnings, sending the stock up 7.5% at the time of writing. The company said it got a boost from strong beauty-product sales. Other index
Read MoreCRUDE CRASHES ON RISING INVENTORY
Posted by admin in News on October 18, 2018WTI Crude futures are currently trading at $69.42-lower by 0.82% as compared to the previous closing. Oil prices dropped on Thursday as the fourth weekly increase in U.S. crude inventories suggested ample supply, while Saudi-U.S. tension and falling Iranian exports lent support. Brent crude futures were trading at $79.59-lower by about 0.89% at the time of writing. It has dropped by more than $7 from a high of $86.74 reached on Oct. 3. The EIA
Read MoreDJ 30 SURGES ON STRONG EARNINGS & INDUSTRIAL PRODUCTION
Posted by admin in News on October 16, 2018DJ 30 futures are currently trading at 25558- higher by about 1.48% as compared to the previous close. The index futures had closed in negative territory in the last trading session. The benchmark index opened higher on Tuesday, led by technology stocks, as upbeat earnings from blue-chip companies helped ease jitters over the impact of an ongoing U.S.-China trade war and other global issues on corporate profits. Among index constituents, Goldman Sachs outperformed after the
Read MoreNIKKEI 225 HITS 8-WEEK LOW AS US CREATE PRESSURE ON CURRENCY MANIPULATION
Posted by admin in News on October 15, 2018Nikkei 225 fell 1.87% to close at 22,271.30 on Monday. This is its weakest closing since 21st August. The index fell as automakers and other manufacturers were hit by news that Washington would seek a provision about currency manipulation in future trade deals, including with Japan. The broader Topix index dropped 1.6% to close at 1,675.44 on Monday. This is its lowest finish level in almost seven months. On Monday, the yen strengthened to 111.81(at the time of
Read MoreS&P 500 RECOVERS AS TRADE TENSIONS EASE & TECH LEADS
Posted by admin in News on October 12, 2018S&P 500 futures are currently trading at 2770- higher by about 0.69% as compared to the previous close. The index futures have been gaining momentum since the last trading session. Further back, it has closed in the negative, in 4 out of the past 5 trading sessions. The rise in U.S. stock futures follows an uptick in global equities. Ten of the eleven major S&P sectors were higher, led by the technology sector. The tech
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