Nasdaq index higher The US remain mixed after record closes in S&P and Dow yesterday. Both those indices are lower. The Nasdaq index is higher. The snapshot of the major indices currently shows: S&P index down 8.91 points or -0.25% at 3626.24 NASDAQ index up 32.27 points or 0.27% at 12068 Dow down -172.72 points or -0.57% at 29876.
Dip in oil prices outweighed by gold bump Canada’s benchmark TSX Composite index is trading 0.22% higher in early trading. Gold stocks and some of the reopening trades are among the leaders while energy is the laggard with crude down 1% today. The index is up 12% this month but still has some work to
Oil up 37% from the election-night lows What a turnaround in oil from a month ago. It’s up 37% since election night and 12% in a week as it breaks out to the highest since March. Today’s price action though looks like a bit of a short-term blow off. It spiked to $46.26 into the
US markets are closed Thursday 26 November 2020 for the Thanksgiving holiday and then it’ll be a quiet Friday heading into the weekend. However … Brexit negotiations will plod along and the usual slew of headlines will hit. European Commission President Ursula von der Leyen gave a heads up on Wednesday, saying that the next
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NASDAQ index marginally higher The major indices are opening with mixed results after the record closes in the S&P and Dow yesterday. The Dow also close above the milestone of 30,000 yesterday. It is currently trading back below that key natural resistance level. A snapshot of the market currently shows: S&P index -7.3 points or
More data to come The US personal income and spending report is probably the market mover of the trio reports due at the top of the hour. Spending is forecast to rise 0.4%. I doubt the inflation numbers matter. New home sales could also be a mover if they show the continuing boom. Sales are
Russell 2000 closes at a record high as well The Dow, S&P and Russell 2000 all closed at record levels for the day. Moreover, the Dow 30 close above the 30K level for the first time ever. The S&P had the best day in 3 weeks. The final numbers are showing: S&P index up 57.84 points or 1.62% to 3635.42
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NASDAQ lags but is still higher The major US indices are opening higher on confidence from vaccine, Yellen, smooth transition. The Dow industrial average is leading the way once again followed by the S&P. The NASDAQ index lags but is still higher on the day at the opening. A snapshot of the major indices currently shows:
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Volatile NY session The EURUSD traded to the highest level since November 9th taking out last week’s highs in the process between 1.1890 and 1.18931. The high price reached 1.19053. Then all hell broke loose. The Markit PMI data came better than expected and there was a run into the USD. That move saw the
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