This mirrors the mood in US futures, which sees S&P 500 futures up 0.3% alongside Nasdaq futures and Dow futures – which are also up 0.3% on the day so far. I’d still warn about the technical outlook for the S&P 500 though, and that is one to watch for equities sentiment heading into year-end. For now, the 50.0 Fib retracement level at 3,796 is the line in the sand that is being drawn:
S&P/global services business indexThe more closely followed ISM nonmanufacturing PMI index will be released at the top of the hour...
Gold plunges after a solid January US NFP report. The US economy added more than 500K jobs, and the unemployment...
ISM Non Manufacturing indexNonmanufacturing PMI index 55.2 versus 50.4 estimate. Prior month 49.2nonmanufacturing business activity index 60.4 versus 54.5 estimate....
Historically mild weather through January has seen natural gas demand slump well below seasonal norms. Is there a bottom in...
Recommended by Daniel Dubrovsky Get Your Free Equities Forecast Global market sentiment ended on a cautious note at the end...
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