U.S. stock-index futures rose on Friday, despite a spike in the U.S. Treasury yields, as better-than-expected U.S. jobs report heightened optimism about a faster economic reopening.
Global Stocks:
Index/commodity | Last | Today's Change, points | Today's Change, % |
Nikkei | 28,864.32 | -65.79 | -0.23% |
Hang Seng | 29,098.29 | -138.50 | -0.47% |
Shanghai | 3,501.99 | -1.50 | -0.04% |
S&P/ASX | 6,710.80 | -49.90 | -0.74% |
FTSE | 6,684.69 | +33.81 | +0.51% |
CAC | 5,822.80 | -7.85 | -0.13% |
DAX | 14,017.15 | -39.19 | -0.28% |
Crude oil | $65.58 | +2.74% | |
Gold | $1,692.30 | -0.49% |
(company / ticker / price / change ($/%) / volume)
3M Co | MMM | 178.37 | 0.74(0.42%) | 934 |
ALCOA INC. | AA | 29.53 | 0.94(3.29%) | 46922 |
ALTRIA GROUP INC. | MO | 44.34 | 0.08(0.18%) | 24346 |
Amazon.com Inc., NASDAQ | AMZN | 3,000.00 | 22.43(0.75%) | 72952 |
American Express Co | AXP | 144.5 | 1.82(1.28%) | 4630 |
AMERICAN INTERNATIONAL GROUP | AIG | 46.9 | 0.63(1.36%) | 4406 |
Apple Inc. | AAPL | 120.1 | -0.03(-0.03%) | 2213216 |
AT&T Inc | T | 28.94 | 0.02(0.07%) | 93173 |
Boeing Co | BA | 228.75 | 4.04(1.80%) | 317311 |
Caterpillar Inc | CAT | 213 | 0.23(0.11%) | 14421 |
Chevron Corp | CVX | 107 | 2.50(2.39%) | 97942 |
Cisco Systems Inc | CSCO | 45.11 | 0.55(1.23%) | 76622 |
Citigroup Inc., NYSE | C | 71.06 | 1.25(1.79%) | 140261 |
Deere & Company, NYSE | DE | 340 | 2.05(0.61%) | 1835 |
E. I. du Pont de Nemours and Co | DD | 71.87 | -0.79(-1.09%) | 3444 |
Exxon Mobil Corp | XOM | 60.19 | 1.48(2.52%) | 406646 |
Facebook, Inc. | FB | 259.01 | 1.37(0.53%) | 169383 |
FedEx Corporation, NYSE | FDX | 249 | -0.65(-0.26%) | 2009 |
Ford Motor Co. | F | 12.02 | 0.09(0.75%) | 722442 |
Freeport-McMoRan Copper & Gold Inc., NYSE | FCX | 33.5 | 0.80(2.45%) | 379062 |
General Electric Co | GE | 13.78 | 0.22(1.62%) | 1050164 |
General Motors Company, NYSE | GM | 52.23 | 0.40(0.77%) | 132244 |
Goldman Sachs | GS | 335.91 | 6.62(2.01%) | 38729 |
Google Inc. | GOOG | 2,055.00 | 5.91(0.29%) | 6531 |
Hewlett-Packard Co. | HPQ | 28.06 | -0.01(-0.04%) | 13291 |
Home Depot Inc | HD | 251.74 | 0.81(0.32%) | 13567 |
HONEYWELL INTERNATIONAL INC. | HON | 200.07 | -2.87(-1.41%) | 4399 |
Intel Corp | INTC | 58.59 | 0.26(0.45%) | 132533 |
International Business Machines Co... | IBM | 120.2 | 0.09(0.07%) | 18389 |
International Paper Company | IP | 52.32 | 0.27(0.52%) | 742 |
Johnson & Johnson | JNJ | 153.87 | 0.80(0.52%) | 28564 |
JPMorgan Chase and Co | JPM | 153.3 | 2.74(1.82%) | 123356 |
McDonald's Corp | MCD | 205.47 | 0.63(0.31%) | 5357 |
Merck & Co Inc | MRK | 72.31 | 0.14(0.19%) | 48256 |
Microsoft Corp | MSFT | 227.44 | 0.71(0.31%) | 177452 |
Nike | NKE | 133 | 0.96(0.73%) | 6995 |
Pfizer Inc | PFE | 34.31 | 0.11(0.32%) | 142476 |
Procter & Gamble Co | PG | 123.57 | 1.42(1.16%) | 3857 |
Starbucks Corporation, NASDAQ | SBUX | 105.33 | 0.44(0.42%) | 14548 |
Tesla Motors, Inc., NASDAQ | TSLA | 618.69 | -2.75(-0.44%) | 1190637 |
The Coca-Cola Co | KO | 50.15 | 0.21(0.42%) | 48151 |
Travelers Companies Inc | TRV | 149.9 | 0.88(0.59%) | 408 |
Twitter, Inc., NYSE | TWTR | 67.1 | 0.35(0.52%) | 195518 |
UnitedHealth Group Inc | UNH | 335.23 | 1.42(0.42%) | 1893 |
Verizon Communications Inc | VZ | 54.84 | 0.04(0.07%) | 53023 |
Visa | V | 212.83 | 1.33(0.63%) | 13008 |
Wal-Mart Stores Inc | WMT | 128.01 | 0.48(0.38%) | 39497 |
Walt Disney Co | DIS | 189 | 0.97(0.52%) | 42781 |
Yandex N.V., NASDAQ | YNDX | 63.75 | 0.99(1.58%) | 41492 |
FXStreet notes that the S&P 500 has fallen sharply on increased volume to remove as expected key support from the 63-day average and early February price gap at 3792/74. Economists at Credit Suisse believe the market is set for a potentially lengthy consolidation/corrective phase and look for a test of support at 3694/78 next.
“We look for further weakness back to 3723, then what we look to be better support at 3694/78 – the late January low and 38.2% retracement of the rally from late October. Our bias would be for a floor to be found here, for now at least.”
“Should weakness directly extend, this would suggest a more important top is in place and further weakness can be seen, with support then seen next at 3663, then 3636/33, with the 200-day average some way distant at 3467.”
Cisco (CSCO) upgraded to Overweight from Neutral at JP Morgan; target to $55
Gap (GPS) reported Q4 FY 2020 earnings of $0.28 per share (versus $0.58 per share in Q4 FY 2019), beating analysts’ consensus estimate of $0.18 per share.
The company’s quarterly revenues amounted to $4.424 bln (-5.3% y/y), missing analysts’ consensus estimate of $4.658 bln.
GPS rose to $26.02 (+2.52%) in pre-market trading.
Costco (COST) reported Q2 FY 2021 earnings of $2.14 per share (versus $2.10 per share in Q2 FY 2020), missing analysts’ consensus estimate of $2.31 per share.
The company’s quarterly revenues amounted to $44.769 bln (+14.6% y/y), beating analysts’ consensus estimate of $43.714 bln.
COST fell to $316.10 (-0.92%) in pre-market trading.
Broadcom (AVGO) reported Q1 FY 2021 earnings of $6.61 per share (versus $5.25 per share in Q1 FY 2020), beating analysts’ consensus estimate of $6.56 per share.
The company’s quarterly revenues amounted to $6.655 bln (+13.6% y/y), roughly in line with analysts’ consensus estimate of $6.614 bln.
The company also issued upside guidance for Q2 FY 2021, projecting revenues of $6.50 bln versus analysts’ consensus estimate of $6.33 bln.
AVGO fell to $436.50 (-1.60%) in pre-market trading.