U.S. stock-index futures surged on Tuesday, as investors bought the dip in the tech stocks amid a pullback in U.S. Treasury yields.
Global Stocks:
Index/commodity | Last | Today's Change, points | Today's Change, % |
Nikkei | 29,027.94 | +284.69 | +0.99% |
Hang Seng | 28,773.23 | +232.40 | +0.81% |
Shanghai | 3,359.29 | -62.12 | -1.82% |
S&P/ASX | 6,771.20 | +31.60 | +0.47% |
FTSE | 6,732.45 | +13.32 | +0.20% |
CAC | 5,921.77 | +18.78 | +0.32% |
DAX | 14,439.77 | +58.86 | +0.41% |
Crude oil | $64.90 | -0.23% | |
Gold | $1,708.00 | +1.79% |
FXStreet reports that analysts at Credit Suisse expect the S&P 500 to remain in a potentially lengthy consolidation/corrective phase with key resistance seen at the near-term downtrend at 3896.
“S&P 500 strength yesterday was capped ahead of its near-term downtrend, today seen at 3896 and the subsequent retreat has seen the market move back below its 13-day exponential average, now at 3838. This choppy price action is seen adding weight to our view that the market has entered a lengthy consolidation/corrective phase following the move to our 3900/3930 core target in mid-February and for the time being we are reluctant to materially chase either strength or weakness.”
“Below support at 3808/04 is needed to clear the way for a fall back to 3784, a break of which is needed for a retest of the 3723 recent low."
“Immediate resistance is seen at 3847/52, above which can see strength back to 3881, then a retest of the downtrend at 3896, but with a fresh cap expected here.”
(company / ticker / price / change ($/%) / volume)
3M Co | MMM | 184.7 | 0.93(0.51%) | 2284 |
ALCOA INC. | AA | 28.38 | -0.09(-0.32%) | 49228 |
ALTRIA GROUP INC. | MO | 46.98 | 0.08(0.17%) | 52700 |
Amazon.com Inc., NASDAQ | AMZN | 3,013.00 | 61.05(2.07%) | 57883 |
American Express Co | AXP | 150.01 | -0.26(-0.17%) | 8260 |
AMERICAN INTERNATIONAL GROUP | AIG | 47.47 | 0.23(0.49%) | 1587 |
Apple Inc. | AAPL | 118.82 | 2.46(2.11%) | 2342192 |
AT&T Inc | T | 29.88 | -0.11(-0.37%) | 124473 |
Boeing Co | BA | 226 | 1.97(0.88%) | 102332 |
Caterpillar Inc | CAT | 221.75 | 0.17(0.08%) | 17420 |
Chevron Corp | CVX | 109.37 | -0.38(-0.35%) | 51387 |
Cisco Systems Inc | CSCO | 47.59 | 0.08(0.17%) | 35710 |
Citigroup Inc., NYSE | C | 71.36 | -0.86(-1.19%) | 105485 |
Deere & Company, NYSE | DE | 355 | 1.30(0.37%) | 9294 |
E. I. du Pont de Nemours and Co | DD | 76 | 0.80(1.06%) | 1432 |
Exxon Mobil Corp | XOM | 60.54 | -0.33(-0.54%) | 174656 |
Facebook, Inc. | FB | 261 | 5.69(2.23%) | 123503 |
FedEx Corporation, NYSE | FDX | 252.68 | 1.34(0.53%) | 2091 |
Ford Motor Co. | F | 12.81 | 0.16(1.26%) | 424311 |
Freeport-McMoRan Copper & Gold Inc., NYSE | FCX | 33.8 | -0.63(-1.83%) | 168159 |
General Electric Co | GE | 14.2 | 0.03(0.21%) | 806977 |
General Motors Company, NYSE | GM | 55.5 | 0.52(0.95%) | 105709 |
Goldman Sachs | GS | 330.15 | -4.04(-1.21%) | 14595 |
Google Inc. | GOOG | 2,060.00 | 35.83(1.77%) | 6955 |
Hewlett-Packard Co. | HPQ | 30.08 | 0.11(0.38%) | 13163 |
Home Depot Inc | HD | 260 | 0.97(0.37%) | 12150 |
HONEYWELL INTERNATIONAL INC. | HON | 208.97 | 1.27(0.61%) | 1890 |
Intel Corp | INTC | 60.95 | 1.10(1.84%) | 117451 |
International Business Machines Co... | IBM | 125.21 | 0.40(0.32%) | 28119 |
Johnson & Johnson | JNJ | 157 | -0.40(-0.25%) | 17836 |
JPMorgan Chase and Co | JPM | 151.3 | -1.61(-1.05%) | 43389 |
McDonald's Corp | MCD | 209 | -0.11(-0.05%) | 5096 |
Merck & Co Inc | MRK | 74.57 | 0.40(0.54%) | 24861 |
Microsoft Corp | MSFT | 232.43 | 5.04(2.22%) | 220126 |
Nike | NKE | 135.4 | 0.84(0.62%) | 6478 |
Pfizer Inc | PFE | 34.43 | 0.08(0.23%) | 129077 |
Procter & Gamble Co | PG | 127.68 | 0.37(0.29%) | 12849 |
Starbucks Corporation, NASDAQ | SBUX | 105.81 | 0.78(0.74%) | 17054 |
Tesla Motors, Inc., NASDAQ | TSLA | 600.2 | 37.20(6.61%) | 1028934 |
The Coca-Cola Co | KO | 51.56 | -0.08(-0.15%) | 65245 |
Twitter, Inc., NYSE | TWTR | 65.92 | 2.44(3.84%) | 161498 |
UnitedHealth Group Inc | UNH | 350 | -0.17(-0.05%) | 4198 |
Verizon Communications Inc | VZ | 56.75 | -0.04(-0.07%) | 50999 |
Visa | V | 220 | -0.27(-0.12%) | 28659 |
Wal-Mart Stores Inc | WMT | 128.81 | 0.93(0.73%) | 44035 |
Walt Disney Co | DIS | 200.2 | -1.71(-0.85%) | 122537 |
Yandex N.V., NASDAQ | YNDX | 63.24 | 2.93(4.86%) | 37897 |
Home Depot (HD) initiated with a Buy at Citigroup; target $288
Tesla (TSLA) upgraded to Buy from Neutral at New Street; target $900