U.S. stock-index futures declined on Monday, as investors assessed equities' valuations ahead of the upcoming Q4 earnings season, as well as the outlook for more coronavirus stimulus in the U.S. and continuing political turmoil in Washington.
Global Stocks:
Index/commodity | Last | Today's Change, points | Today's Change, % |
Nikkei | - | - | - |
Hang Seng | 27,908.22 | +30.00 | +0.11% |
Shanghai | 3,531.50 | -38.61 | -1.08% |
S&P/ASX | 6,697.20 | -60.70 | -0.90% |
FTSE | 6,803.32 | -69.94 | -1.02% |
CAC | 5,654.32 | -52.56 | -0.92% |
DAX | 13,902.72 | -146.81 | -1.04% |
Crude oil | $51.72 | -1.00% | |
Gold | $1,837.10 | +0.09% |
(company / ticker / price / change ($/%) / volume)
3M Co | MMM | 166 | -0.62(-0.37%) | 2919 |
ALCOA INC. | AA | 24.47 | -0.52(-2.08%) | 20657 |
ALTRIA GROUP INC. | MO | 41.31 | -0.28(-0.67%) | 23898 |
Amazon.com Inc., NASDAQ | AMZN | 3,153.50 | -29.20(-0.92%) | 37474 |
American Express Co | AXP | 120.25 | -1.53(-1.26%) | 1731 |
AMERICAN INTERNATIONAL GROUP | AIG | 40.02 | -0.60(-1.48%) | 5836 |
Apple Inc. | AAPL | 130.2 | -1.85(-1.40%) | 1558735 |
AT&T Inc | T | 28.84 | -0.18(-0.62%) | 366255 |
Boeing Co | BA | 202.09 | -7.81(-3.72%) | 704923 |
Caterpillar Inc | CAT | 193.25 | -1.01(-0.52%) | 2306 |
Chevron Corp | CVX | 89.19 | -1.89(-2.08%) | 32553 |
Cisco Systems Inc | CSCO | 44.89 | -0.17(-0.38%) | 33661 |
Citigroup Inc., NYSE | C | 64.4 | -0.97(-1.48%) | 30838 |
Deere & Company, NYSE | DE | 291 | -2.91(-0.99%) | 3066 |
E. I. du Pont de Nemours and Co | DD | 80.38 | -1.41(-1.72%) | 1266 |
Exxon Mobil Corp | XOM | 44.94 | -0.52(-1.14%) | 244491 |
Facebook, Inc. | FB | 261.42 | -6.15(-2.30%) | 320749 |
FedEx Corporation, NYSE | FDX | 242.4 | -2.56(-1.05%) | 11809 |
Ford Motor Co. | F | 8.9 | -0.10(-1.11%) | 440049 |
Freeport-McMoRan Copper & Gold Inc., NYSE | FCX | 30.27 | -0.88(-2.83%) | 193168 |
General Electric Co | GE | 11.13 | -0.21(-1.85%) | 412807 |
General Motors Company, NYSE | GM | 42.59 | -0.47(-1.09%) | 60553 |
Goldman Sachs | GS | 286.01 | -4.07(-1.40%) | 12178 |
Google Inc. | GOOG | 1,793.00 | -14.21(-0.79%) | 7088 |
Hewlett-Packard Co. | HPQ | 25.29 | -0.24(-0.94%) | 6390 |
Home Depot Inc | HD | 267.03 | -2.06(-0.77%) | 5428 |
HONEYWELL INTERNATIONAL INC. | HON | 207.4 | -2.63(-1.25%) | 714 |
Intel Corp | INTC | 51.4 | -0.25(-0.48%) | 82519 |
International Business Machines Co... | IBM | 127.55 | -0.98(-0.76%) | 11004 |
Johnson & Johnson | JNJ | 160.23 | 0.19(0.12%) | 20045 |
JPMorgan Chase and Co | JPM | 134.55 | -1.47(-1.08%) | 25087 |
McDonald's Corp | MCD | 214.62 | -1.25(-0.58%) | 2343 |
Merck & Co Inc | MRK | 82.78 | -0.25(-0.30%) | 15682 |
Microsoft Corp | MSFT | 217.92 | -1.70(-0.77%) | 102481 |
Nike | NKE | 145.25 | -1.10(-0.75%) | 7034 |
Pfizer Inc | PFE | 37.08 | -0.05(-0.13%) | 246723 |
Procter & Gamble Co | PG | 138 | -0.79(-0.57%) | 1318 |
Starbucks Corporation, NASDAQ | SBUX | 104.81 | -0.86(-0.81%) | 7513 |
Tesla Motors, Inc., NASDAQ | TSLA | 864.99 | -15.03(-1.71%) | 1655957 |
The Coca-Cola Co | KO | 50.6 | -0.48(-0.94%) | 63770 |
Twitter, Inc., NYSE | TWTR | 47.48 | -4.00(-7.77%) | 1293705 |
Verizon Communications Inc | VZ | 57.48 | -0.32(-0.55%) | 26745 |
Visa | V | 213.03 | -2.42(-1.12%) | 6762 |
Wal-Mart Stores Inc | WMT | 145.98 | -0.65(-0.44%) | 14332 |
Walt Disney Co | DIS | 177.81 | -0.88(-0.49%) | 31480 |
Yandex N.V., NASDAQ | YNDX | 69.98 | -0.92(-1.30%) | 2143 |
Salesforce (CRM) downgraded to Neutral from Overweight at Piper Sandler; target lowered to $242
Exxon Mobil (XOM) upgraded to Overweight from Equal-Weight at Morgan Stanley; target raised to $57
Walgreens Boots Alliance (WBA) upgraded to Outperform from Neutral at Robert W. Baird; target $55
S&P 500 reinforces the accelerated uptrend with target at 3900 - Credit Suisse
FXStreet notes that the S&P 500 Index has completed a large bullish “outside week” and although the Credit Suisse analyst team sees scope for a near-term pause, the core outlook stays bullish for the “measured triangle objective” at 3900.
“Whilst we see scope for a near-term pause and we watch bond yields closely, especially Real Yields, we stay bullish overall with resistance seen next at 3832 ahead of 3866/68 and eventually the “measured triangle objective” at 3900. With a cluster of further Fibonacci projection resistances also seen here and stretching up to 3925/30, we maintain our call to look for a cap here for a fresh and likely we think more protracted consolidation phase. Should strength instead directly extend, we see resistance next at 4000, then 4070/75.”
“Support moves to 3801 initially, with 3784/83 now ideally holding to keep the immediate risk higher.”