U.S. stock-index futures rose on Wednesday, as demand for technology stocks remained strong despite disappointing U.S. private-sector payrolls.
Global Stocks:
Index/commodity | Last | Today's Change, points | Today's Change, % |
Nikkei | 23,247.15 | +109.08 | +0.47% |
Hang Seng | 25,120.09 | -64.76 | -0.26% |
Shanghai | 3,404.80 | -5.81 | -0.17% |
S&P/ASX | 6,063.20 | +109.80 | +1.84% |
FTSE | 5,946.13 | +84.08 | +1.43% |
CAC | 5,034.33 | +96.23 | +1.95% |
DAX | 13,215.76 | +241.51 | +1.86% |
Crude oil | $42.97 | +0.49% | |
Gold | $1,972.90 | -0.30% |
FXStreet notes that the S&P 500 has extended the rally into a cluster of resistances at 3525/50 as the index held high-level support at 3484 on Tuesday. Economists at Credit Suisse continue to look for the 3525/50 neighborhood to ideally cap for a phase of consolidation.
“The S&P 500 strong surge higher into the close sees the market testing our objective of Fibonacci projection resistance at 3525/29. We continue to see scope for an overshoot above here to what we see as the upper end of its ‘typical’ extreme at 3550 – 15% above the 200-day average – but we continue to look for this 3525/50 zone to ideally cap at first for a consolidation phase, especially given the potential stalling we may be seeing in the US Breakevens rally. A direct break though can see resistance next at the top of the weekly Bollinger Band at 3565, then 3582/88.”
“Near-term support moves to 3516, with a move below 3506 needed to ease the immediate upside bias for a test of 3495/93. Beneath here though is now needed to mark a minor top for a test of the uptrend from late June and the 13-day exponential average at 3446/43.”
“The VIX remains well supported although still needs to clear 28.58 to mark a near-term base and more important turn higher.”
(company / ticker / price / change ($/%) / volume)
3M Co | MMM | 165.25 | 0.45(0.27%) | 666 |
ALTRIA GROUP INC. | MO | 43.3 | 0.18(0.42%) | 13468 |
Amazon.com Inc., NASDAQ | AMZN | 3,532.00 | 32.88(0.94%) | 47889 |
American Express Co | AXP | 102.8 | 0.33(0.32%) | 3702 |
AMERICAN INTERNATIONAL GROUP | AIG | 29.06 | -0.09(-0.31%) | 1613 |
Apple Inc. | AAPL | 137.75 | 3.57(2.66%) | 3285350 |
AT&T Inc | T | 29.38 | -0.09(-0.31%) | 116200 |
Boeing Co | BA | 172.4 | 0.30(0.17%) | 118768 |
Caterpillar Inc | CAT | 147 | 0.95(0.65%) | 3081 |
Chevron Corp | CVX | 83.25 | 0.17(0.20%) | 7118 |
Cisco Systems Inc | CSCO | 42.05 | 0.02(0.05%) | 35120 |
Citigroup Inc., NYSE | C | 51.15 | -0.05(-0.10%) | 23498 |
Deere & Company, NYSE | DE | 220 | 2.31(1.06%) | 713 |
E. I. du Pont de Nemours and Co | DD | 57.33 | 0.07(0.12%) | 2497 |
Exxon Mobil Corp | XOM | 39.49 | 0.06(0.15%) | 65644 |
Facebook, Inc. | FB | 298.55 | 3.11(1.05%) | 92616 |
FedEx Corporation, NYSE | FDX | 228 | 2.54(1.13%) | 4457 |
Ford Motor Co. | F | 6.8 | -0.03(-0.44%) | 212570 |
Freeport-McMoRan Copper & Gold Inc., NYSE | FCX | 16.26 | 0.08(0.49%) | 72004 |
General Electric Co | GE | 6.23 | 0.04(0.65%) | 522238 |
General Motors Company, NYSE | GM | 29.9 | 0.11(0.37%) | 15434 |
Goldman Sachs | GS | 206 | 0.54(0.26%) | 4174 |
Google Inc. | GOOG | 1,675.00 | 14.29(0.86%) | 5459 |
Hewlett-Packard Co. | HPQ | 19.39 | 0.13(0.67%) | 3513 |
Home Depot Inc | HD | 285.2 | 0.76(0.27%) | 11359 |
HONEYWELL INTERNATIONAL INC. | HON | 168.8 | 0.83(0.49%) | 1112 |
Intel Corp | INTC | 51.25 | 0.46(0.91%) | 141762 |
International Business Machines Co... | IBM | 122.96 | -0.44(-0.36%) | 18602 |
Johnson & Johnson | JNJ | 151.62 | 0.10(0.07%) | 4934 |
JPMorgan Chase and Co | JPM | 100.11 | -0.03(-0.03%) | 33242 |
McDonald's Corp | MCD | 212 | -0.69(-0.32%) | 1439 |
Merck & Co Inc | MRK | 84.41 | -0.02(-0.02%) | 1219 |
Microsoft Corp | MSFT | 228.3 | 1.03(0.45%) | 170597 |
Nike | NKE | 115.35 | 0.51(0.44%) | 17453 |
Pfizer Inc | PFE | 36.84 | -0.04(-0.11%) | 46459 |
Procter & Gamble Co | PG | 137.84 | -0.34(-0.25%) | 1336 |
Starbucks Corporation, NASDAQ | SBUX | 86.4 | 0.35(0.41%) | 24086 |
Tesla Motors, Inc., NASDAQ | TSLA | 477.99 | 2.94(0.62%) | 1456292 |
The Coca-Cola Co | KO | 49.35 | 0.23(0.47%) | 19857 |
Twitter, Inc., NYSE | TWTR | 41.57 | 0.42(1.02%) | 49101 |
Verizon Communications Inc | VZ | 59.2 | 0.04(0.07%) | 5214 |
Visa | V | 213.6 | 0.25(0.12%) | 11418 |
Wal-Mart Stores Inc | WMT | 150.88 | 3.29(2.23%) | 312268 |
Walt Disney Co | DIS | 133.83 | 0.28(0.21%) | 29323 |
Yandex N.V., NASDAQ | YNDX | 68.06 | 0.23(0.34%) | 99263 |
NVIDIA (NVDA) target raised to $650 from $600 at BofA Securities
| Index | Change, points | Closed | Change, % |
|---|---|---|---|
| NIKKEI 225 | -1.69 | 23138.07 | -0.01 |
| Hang Seng | 7.8 | 25184.85 | 0.03 |
| KOSPI | 23.38 | 2349.55 | 1.01 |
| ASX 200 | -107.1 | 5953.4 | -1.77 |
| FTSE 100 | -101.52 | 5862.05 | -1.7 |
| DAX | 28.87 | 12974.25 | 0.22 |
| CAC 40 | -9.12 | 4938.1 | -0.18 |
| Dow Jones | 215.61 | 28645.66 | 0.76 |
| S&P 500 | 26.34 | 3526.65 | 0.75 |
| NASDAQ Composite | 164.21 | 11939.67 | 1.39 |