U.S. stock-index futures rose on Wednesday, as investors reacted positively to the U.S. February CPI data, which showed underlying inflation remained tame, easing worries about an increase in borrowing costs in the near term.
Global Stocks:
Index/commodity | Last | Today's Change, points | Today's Change, % |
Nikkei | 29,036.56 | +8.62 | +0.03% |
Hang Seng | 28,907.52 | +134.29 | +0.47% |
Shanghai | 3,357.74 | -1.55 | -0.05% |
S&P/ASX | 6,714.10 | -57.10 | -0.84% |
FTSE | 6,718.55 | -11.79 | -0.18% |
CAC | 5,967.51 | +42.54 | +0.72% |
DAX | 14,516.91 | +78.97 | +0.55% |
Crude oil | $64.55 | +0.84% | |
Gold | $1,716.20 | -0.04% |
(company / ticker / price / change ($/%) / volume)
3M Co | MMM | 181.84 | 0.66(0.36%) | 1330 |
ALCOA INC. | AA | 30.43 | 0.49(1.64%) | 28524 |
ALTRIA GROUP INC. | MO | 47.8 | 0.12(0.25%) | 24583 |
Amazon.com Inc., NASDAQ | AMZN | 3,080.20 | 17.35(0.57%) | 44288 |
American Express Co | AXP | 145.53 | 0.43(0.30%) | 2485 |
AMERICAN INTERNATIONAL GROUP | AIG | 46.83 | 0.21(0.45%) | 577 |
Apple Inc. | AAPL | 121.39 | 0.31(0.25%) | 2432016 |
AT&T Inc | T | 29.74 | 0.10(0.34%) | 67498 |
Boeing Co | BA | 234.6 | 3.99(1.73%) | 273737 |
Chevron Corp | CVX | 109.4 | -0.10(-0.09%) | 56644 |
Cisco Systems Inc | CSCO | 48.04 | 0.15(0.31%) | 48469 |
Citigroup Inc., NYSE | C | 71.4 | 0.41(0.58%) | 57417 |
Exxon Mobil Corp | XOM | 60.14 | 0.21(0.35%) | 170002 |
Facebook, Inc. | FB | 267.5 | 1.76(0.66%) | 84093 |
FedEx Corporation, NYSE | FDX | 259.39 | 1.47(0.57%) | 4023 |
Ford Motor Co. | F | 12.69 | 0.12(0.95%) | 458601 |
Freeport-McMoRan Copper & Gold Inc., NYSE | FCX | 34.01 | 0.15(0.44%) | 84830 |
General Electric Co | GE | 13.72 | -0.28(-2.00%) | 7367565 |
General Motors Company, NYSE | GM | 55.01 | 0.36(0.66%) | 82630 |
Goldman Sachs | GS | 332.28 | 1.69(0.51%) | 6130 |
Home Depot Inc | HD | 265.5 | 2.19(0.83%) | 13426 |
Intel Corp | INTC | 62.72 | 0.05(0.08%) | 101170 |
International Business Machines Co... | IBM | 125.5 | 1.32(1.06%) | 13173 |
International Paper Company | IP | 54.2 | -0.59(-1.08%) | 172 |
Johnson & Johnson | JNJ | 158.85 | 1.15(0.73%) | 38545 |
JPMorgan Chase and Co | JPM | 152.5 | 0.67(0.44%) | 32412 |
McDonald's Corp | MCD | 208.98 | 0.43(0.21%) | 2439 |
Merck & Co Inc | MRK | 74.86 | 0.72(0.97%) | 24982 |
Microsoft Corp | MSFT | 234.9 | 1.12(0.48%) | 152156 |
Nike | NKE | 136.99 | 1.04(0.77%) | 5266 |
Pfizer Inc | PFE | 34.56 | 0.11(0.32%) | 112046 |
Procter & Gamble Co | PG | 126.3 | 0.12(0.10%) | 1890 |
Starbucks Corporation, NASDAQ | SBUX | 106.84 | 0.29(0.27%) | 12157 |
Tesla Motors, Inc., NASDAQ | TSLA | 695.9 | 22.32(3.31%) | 1844752 |
The Coca-Cola Co | KO | 51.02 | 0.16(0.31%) | 54646 |
Twitter, Inc., NYSE | TWTR | 68.68 | 1.16(1.72%) | 148068 |
UnitedHealth Group Inc | UNH | 353 | 1.02(0.29%) | 1075 |
Verizon Communications Inc | VZ | 56.4 | 0.20(0.36%) | 33407 |
Visa | V | 221.03 | 0.67(0.30%) | 12998 |
Wal-Mart Stores Inc | WMT | 129.23 | 0.34(0.26%) | 56387 |
Walt Disney Co | DIS | 197.2 | 2.69(1.38%) | 127189 |
Yandex N.V., NASDAQ | YNDX | 63.89 | 0.40(0.63%) | 16862 |
FXStreet reports that S&P 500 has extended its recovery for a break above its near-term downtrend to inject an upward bias in what analysts at Credit Suisse still look to be a lengthier consolidation phase within the core bull trend. The index is also back above its now rising 13-day exponential average as well as its rising 63-day average, now at 3799.
“Whilst we suspect strength can extend further near-term, we remain of the view a lengthy consolidation/corrective phase is still likely and we are thus reluctant to materially chase either strength or weakness. Our base case remains though to view this consolidation as a temporary pause in the core underlying uptrend.”
“The immediate risk is seen higher in the range with resistance seen at 3904 initially, then 3915.”
“Near-term support moves to 3852/47, with a break below 3819 needed to reinforce thoughts of a broader range with support then seen at the 63-day average at 3799. A close below here would warn of a retest of the 3723 low.”
Chevron (CVX) resumed with a Neutral at Citigroup; target $105
Chevron (CVX) target raised to $113 from $111 at Cowen
Chevron (CVX) downgraded to Sector Perform from Sector Outperform at Scotiabank; target $115
Apple (AAPL) added to Wedbush's Best Ideas List