U.S. stock-index futures traded flat on Thursday, as stabilized U.S. Treasury yields and better-than-expected weekly jobless claims supported investors’ sentiment ahead of the comments by the Federal Reserve Chair Jerome Powell later in the day.
Global Stocks:
Index/commodity | Last | Today's Change, points | Today's Change, % |
Nikkei | 28,930.11 | -628.99 | -2.13% |
Hang Seng | 29,236.79 | -643.63 | -2.15% |
Shanghai | 3,503.49 | -73.41 | -2.05% |
S&P/ASX | 6,760.70 | -57.30 | -0.84% |
FTSE | 6,651.85 | -23.62 | -0.35% |
CAC | 5,830.36 | +0.300 | +0.01% |
DAX | 14,065.64 | -14.39 | -0.10% |
Crude oil | $62.22 | +1.53% | |
Gold | $1,712.20 | -0.21% |
FXStreet reports that S&P 500 remains capped at its near-term downtrend and analysts at Credit Suisse continue to look for a more protracted consolidation/corrective phase to emerge. The spotlight turns back to key flagged supports at the 63-day average and early February price gap at 3792/74, a close below which should clear the way for a deeper setback.
“We continue to look for a more protracted consolidation/corrective phase to unfold, but with the risk now seen growing steadily that we are in fact set for a deeper correction lower.”
“Key flagged support remains seen at 3792/74 – the early February price gap, rising 63-day average and recent low. A close below here should clear the way for a fall to potential trend support at 3735/34, with the real risk for an overshoot to the late January low at 3694. A sustained move below here would warn of a more concerning top.”
(company / ticker / price / change ($/%) / volume)
3M Co | MMM | 178 | -0.06(-0.03%) | 2363 |
ALCOA INC. | AA | 30.18 | -0.65(-2.11%) | 88463 |
ALTRIA GROUP INC. | MO | 45.09 | 0.04(0.09%) | 11730 |
Amazon.com Inc., NASDAQ | AMZN | 3,018.26 | 13.26(0.44%) | 36265 |
American Express Co | AXP | 142.9 | 0.31(0.22%) | 1950 |
AMERICAN INTERNATIONAL GROUP | AIG | 46.99 | -0.02(-0.04%) | 255 |
Apple Inc. | AAPL | 122.1 | 0.04(0.03%) | 1510617 |
AT&T Inc | T | 28.75 | 0.03(0.10%) | 135654 |
Boeing Co | BA | 233 | 4.44(1.94%) | 237591 |
Caterpillar Inc | CAT | 213.57 | -1.34(-0.62%) | 7703 |
Chevron Corp | CVX | 104.45 | 0.86(0.83%) | 33462 |
Cisco Systems Inc | CSCO | 45.05 | -0.08(-0.18%) | 21681 |
Citigroup Inc., NYSE | C | 70.53 | 0.15(0.21%) | 80992 |
Deere & Company, NYSE | DE | 343.03 | -0.03(-0.01%) | 2297 |
E. I. du Pont de Nemours and Co | DD | 75.16 | 0.58(0.78%) | 10777 |
Exxon Mobil Corp | XOM | 57.05 | 0.53(0.94%) | 176985 |
Facebook, Inc. | FB | 256.12 | 0.71(0.28%) | 72314 |
FedEx Corporation, NYSE | FDX | 258 | -0.77(-0.30%) | 3808 |
Ford Motor Co. | F | 12.29 | 0.12(0.99%) | 640732 |
Freeport-McMoRan Copper & Gold Inc., NYSE | FCX | 34.23 | -0.77(-2.20%) | 604553 |
General Electric Co | GE | 13.95 | 0.51(3.79%) | 1957288 |
General Motors Company, NYSE | GM | 53.23 | 0.56(1.06%) | 196344 |
Goldman Sachs | GS | 335 | 0.57(0.17%) | 247452 |
Google Inc. | GOOG | 2,022.00 | -4.71(-0.23%) | 3368 |
Hewlett-Packard Co. | HPQ | 29.64 | -0.18(-0.60%) | 5951 |
Home Depot Inc | HD | 257 | -0.36(-0.14%) | 14745 |
Intel Corp | INTC | 59.86 | -0.04(-0.07%) | 48116 |
International Business Machines Co... | IBM | 122.3 | -0.06(-0.05%) | 10425 |
International Paper Company | IP | 53.23 | 0.01(0.02%) | 391 |
Johnson & Johnson | JNJ | 155.88 | -0.34(-0.22%) | 17392 |
JPMorgan Chase and Co | JPM | 152.89 | -0.02(-0.01%) | 31716 |
McDonald's Corp | MCD | 206.95 | 1.13(0.55%) | 12590 |
Merck & Co Inc | MRK | 73.15 | -0.15(-0.20%) | 11490 |
Microsoft Corp | MSFT | 227.1 | -0.46(-0.20%) | 140672 |
Pfizer Inc | PFE | 34.29 | -0.10(-0.29%) | 113165 |
Procter & Gamble Co | PG | 123.41 | 0.25(0.20%) | 3824 |
Starbucks Corporation, NASDAQ | SBUX | 106.49 | 0.27(0.25%) | 10410 |
Tesla Motors, Inc., NASDAQ | TSLA | 654.5 | 1.30(0.20%) | 766707 |
The Coca-Cola Co | KO | 49.82 | -0.16(-0.32%) | 27959 |
Verizon Communications Inc | VZ | 55.5 | 0.12(0.22%) | 47880 |
Visa | V | 214.38 | -0.47(-0.22%) | 7812 |
Wal-Mart Stores Inc | WMT | 127.87 | 0.28(0.22%) | 59846 |
Walt Disney Co | DIS | 191.2 | -1.06(-0.55%) | 51093 |
Yandex N.V., NASDAQ | YNDX | 67.23 | 1.14(1.72%) | 9797 |
Kroger (KR) reported Q4 FY 2020 earnings of $0.81 per share (versus $0.57 per share in Q4 FY 2019), beating analysts’ consensus estimate of $0.68 per share.
The company’s quarterly revenues amounted to $30.737 bln (+6.4% y/y), roughly in line with analysts’ consensus estimate of $30.786 bln.
KR rose to $33.70 (+1.35%) in pre-market trading.