U.S. stock-index futures surged on Monday on expectations that U.S. president Trump could leave the hospital, where he is being treated for COVID-19, later today as well as hopes that U.S. lawmakers will agree on another coronavirus relief bill.
Global Stocks:
Index/commodity | Last | Today's Change, points | Today's Change, % |
Nikkei | 23,312.14 | +282.24 | +1.23% |
Hang Seng | 23,767.78 | +308.73 | +1.32% |
Shanghai | - | - | - |
S&P/ASX | 5,941.60 | +150.10 | +2.59% |
FTSE | 5,944.13 | +42.01 | +0.71% |
CAC | 4,864.90 | +40.02 | +0.83% |
DAX | 12,785.89 | +96.85 | +0.76% |
Crude oil | $38.51 | +3.94% | |
Gold | $1,911.50 | +0.20% |
FXStreet notes that S&P 500 stays trapped in a near-term range with immediate support seen at 3327/23 and resistance at 3379/81 and the Credit Suisse analyst team remains of the view this is consistent with a broader consolidation phase within the long-term uptrend.
“The S&P 500 is not unsurprisingly under pressure and although the cluster of supports at 3340/23 managed to hold on a closing basis on Friday, including the ‘neckline’ to the small base and rising 13 and 63-day averages, the gap lower and now potential downtrend is seen adding weight to our base case view we remain in a much more protracted consolidation/corrective phase.”
“Immediate resistances move to 3369, with 3379/81 now ideally capping to keep the immediate risk lower. Above though can reassert an upward bias for a move back to 3397/99, then what we look to be tougher resistance, starting at the mid-September highs at 3425/29, with the “measured base objective” at 3437 and with the 61.8% retracement of the fall from September at 3444.”
(company / ticker / price / change ($/%) / volume)
ALCOA INC. | AA | 12.18 | 0.36(3.05%) | 47346 |
ALTRIA GROUP INC. | MO | 39.15 | 0.18(0.46%) | 5363 |
Amazon.com Inc., NASDAQ | AMZN | 3,143.00 | 18.00(0.58%) | 57745 |
American Express Co | AXP | 102.82 | 1.21(1.19%) | 9293 |
AMERICAN INTERNATIONAL GROUP | AIG | 28.44 | 0.22(0.78%) | 1805 |
Apple Inc. | AAPL | 113.8 | 0.78(0.69%) | 1462448 |
AT&T Inc | T | 28.5 | -0.18(-0.63%) | 681121 |
Boeing Co | BA | 169 | 0.92(0.55%) | 131246 |
Caterpillar Inc | CAT | 151.35 | 1.41(0.94%) | 6195 |
Chevron Corp | CVX | 72.05 | 0.86(1.21%) | 31912 |
Cisco Systems Inc | CSCO | 38.48 | 0.21(0.55%) | 46334 |
Citigroup Inc., NYSE | C | 44.08 | 0.42(0.96%) | 59719 |
Exxon Mobil Corp | XOM | 33.62 | 0.64(1.94%) | 107330 |
Facebook, Inc. | FB | 261.4 | 1.46(0.56%) | 81056 |
FedEx Corporation, NYSE | FDX | 257 | 1.80(0.71%) | 3654 |
Ford Motor Co. | F | 6.96 | 0.07(1.02%) | 127928 |
Freeport-McMoRan Copper & Gold Inc., NYSE | FCX | 16.08 | 0.14(0.88%) | 87448 |
General Electric Co | GE | 6.44 | 0.05(0.78%) | 495423 |
General Motors Company, NYSE | GM | 30.74 | 0.28(0.92%) | 16875 |
Goldman Sachs | GS | 201.3 | 1.40(0.70%) | 93010 |
Google Inc. | GOOG | 1,465.02 | 6.60(0.45%) | 6161 |
Hewlett-Packard Co. | HPQ | 19.34 | 0.25(1.31%) | 8628 |
Home Depot Inc | HD | 280.4 | 1.09(0.39%) | 1500 |
HONEYWELL INTERNATIONAL INC. | HON | 167 | 1.39(0.84%) | 1049 |
Intel Corp | INTC | 51.35 | 0.34(0.67%) | 57490 |
International Business Machines Co... | IBM | 121.2 | 0.63(0.52%) | 3512 |
Johnson & Johnson | JNJ | 147.3 | 1.06(0.72%) | 5079 |
JPMorgan Chase and Co | JPM | 97.95 | 0.96(0.99%) | 36312 |
McDonald's Corp | MCD | 223.45 | 0.78(0.35%) | 4745 |
Merck & Co Inc | MRK | 81.4 | 0.60(0.74%) | 1617 |
Microsoft Corp | MSFT | 207.66 | 1.47(0.71%) | 157289 |
Nike | NKE | 127.1 | 0.46(0.36%) | 8857 |
Pfizer Inc | PFE | 36.61 | 0.23(0.63%) | 19175 |
Procter & Gamble Co | PG | 137.78 | -0.34(-0.25%) | 1211 |
Starbucks Corporation, NASDAQ | SBUX | 87.26 | 0.69(0.80%) | 14920 |
Tesla Motors, Inc., NASDAQ | TSLA | 421 | 5.91(1.42%) | 1005594 |
The Coca-Cola Co | KO | 49.53 | 0.17(0.34%) | 5581 |
Travelers Companies Inc | TRV | 110.5 | 1.92(1.77%) | 6698 |
Twitter, Inc., NYSE | TWTR | 46.41 | 0.29(0.63%) | 38517 |
Verizon Communications Inc | VZ | 59.5 | 0.26(0.44%) | 5783 |
Visa | V | 203 | 1.54(0.76%) | 4044 |
Wal-Mart Stores Inc | WMT | 141 | 0.50(0.36%) | 22352 |
Walt Disney Co | DIS | 123.2 | 0.65(0.53%) | 13956 |
Yandex N.V., NASDAQ | YNDX | 62.34 | -0.16(-0.26%) | 1980 |
McDonald's (MCD) target raised to $250 from $220 at BofA Securities
AT&T (T) downgraded to Underweight from Sector Weight at KeyBanc Capital Markets; target $25
| Index | Change, points | Closed | Change, % |
|---|---|---|---|
| NIKKEI 225 | -155.22 | 23029.9 | -0.67 |
| ASX 200 | -81.4 | 5791.5 | -1.39 |
| FTSE 100 | 22.67 | 5902.12 | 0.39 |
| DAX | -41.73 | 12689.04 | -0.33 |
| CAC 40 | 0.84 | 4824.88 | 0.02 |
| Dow Jones | -134.09 | 27682.81 | -0.48 |
| S&P 500 | -32.38 | 3348.42 | -0.96 |
| NASDAQ Composite | -251.49 | 11075.02 | -2.22 |