U.S. stock-index futures traded rose slightly on Wednesday, as heightened hopes for more stimulus in the U.S. outweighed disappointing retail sales data.
Global Stocks:
Index/commodity | Last | Today's Change, points | Today's Change, % |
Nikkei | 26,757.40 | +69.56 | +0.26% |
Hang Seng | 26,460.29 | +253.00 | +0.97% |
Shanghai | 3,366.98 | -0.2494 | -0.01% |
S&P/ASX | 6,679.20 | +47.90 | +0.72% |
FTSE | 6,551.92 | +38.60 | +0.59% |
CAC | 5,541.15 | +10.84 | +0.20% |
DAX | 13,545.93 | +183.06 | +1.37% |
Crude oil | $47.49 | -0.27% | |
Gold | $1,857.50 | +0.12% |
FXStreet notes that the S&P 500 rally has lost momentum and the risk of a correction lower continues to increase, but analysts at Credit Suisse continue to give the upside the benefit of the doubt still and thus maintain an immediate tactical bullish bias whilst above 3633.
“The S&P 500 has held support at 3633 and managed to recover back above its 13-day exponential average, but with daily MACD having also crossed lower the rally has lost momentum.”
“Whilst 3633 holds, the upside will continue to be given the direct benefit of the doubt for now, but with a move above 3698 needed to clear the way for a move back to 3712, ahead of our 3720/25 next objective. Whilst we would expect this to cap at first, a direct break can see a cluster of what we expect to be tougher resistances in the 3765/85 zone.”
(company / ticker / price / change ($/%) / volume)
ALCOA INC. | AA | 22.29 | 0.12(0.54%) | 9989 |
ALTRIA GROUP INC. | MO | 42.3 | 0.12(0.28%) | 24188 |
Amazon.com Inc., NASDAQ | AMZN | 3,181.05 | 15.93(0.50%) | 31623 |
American Express Co | AXP | 120.07 | 0.97(0.81%) | 10605 |
AMERICAN INTERNATIONAL GROUP | AIG | 38.53 | -0.01(-0.03%) | 103 |
Apple Inc. | AAPL | 127.78 | -0.10(-0.08%) | 1136553 |
AT&T Inc | T | 30.63 | 0.05(0.16%) | 56272 |
Boeing Co | BA | 229.69 | 0.19(0.08%) | 99200 |
Caterpillar Inc | CAT | 181.77 | 0.03(0.02%) | 3521 |
Chevron Corp | CVX | 89.47 | 0.10(0.11%) | 8023 |
Cisco Systems Inc | CSCO | 44.78 | 0.06(0.13%) | 12299 |
Citigroup Inc., NYSE | C | 60.11 | 0.44(0.74%) | 78457 |
E. I. du Pont de Nemours and Co | DD | 68 | -0.03(-0.04%) | 792 |
Exxon Mobil Corp | XOM | 43.5 | 0.46(1.07%) | 166250 |
Facebook, Inc. | FB | 275.4 | -0.15(-0.05%) | 36465 |
FedEx Corporation, NYSE | FDX | 286.65 | 0.91(0.32%) | 12728 |
Ford Motor Co. | F | 9.22 | 0.07(0.77%) | 630896 |
Freeport-McMoRan Copper & Gold Inc., NYSE | FCX | 24.51 | 0.21(0.87%) | 72268 |
General Electric Co | GE | 11.23 | 0.12(1.08%) | 404314 |
General Motors Company, NYSE | GM | 41.81 | 0.15(0.36%) | 48438 |
Goldman Sachs | GS | 244.68 | 2.25(0.93%) | 9164 |
Google Inc. | GOOG | 1,776.04 | 8.27(0.47%) | 5230 |
Hewlett-Packard Co. | HPQ | 24 | 0.29(1.22%) | 83043 |
Home Depot Inc | HD | 268.5 | 0.52(0.19%) | 3729 |
Intel Corp | INTC | 50.69 | 0.03(0.05%) | 21762 |
International Business Machines Co... | IBM | 126.49 | 0.56(0.44%) | 8891 |
International Paper Company | IP | 49.39 | 0.24(0.49%) | 475 |
Johnson & Johnson | JNJ | 150.65 | 0.08(0.05%) | 4414 |
JPMorgan Chase and Co | JPM | 120.85 | 0.53(0.44%) | 27517 |
McDonald's Corp | MCD | 215.3 | 0.44(0.20%) | 2032 |
Merck & Co Inc | MRK | 80.99 | 0.51(0.63%) | 3876 |
Microsoft Corp | MSFT | 214.48 | 0.35(0.16%) | 89684 |
Nike | NKE | 139.49 | 0.10(0.07%) | 15278 |
Pfizer Inc | PFE | 38.58 | -0.13(-0.34%) | 576951 |
Procter & Gamble Co | PG | 137 | 0.35(0.26%) | 1950 |
Starbucks Corporation, NASDAQ | SBUX | 104.47 | 0.29(0.28%) | 5785 |
Tesla Motors, Inc., NASDAQ | TSLA | 630.8 | -2.45(-0.39%) | 328408 |
The Coca-Cola Co | KO | 53.88 | 0.04(0.07%) | 12212 |
Travelers Companies Inc | TRV | 138 | 0.74(0.54%) | 3670 |
Twitter, Inc., NYSE | TWTR | 54.38 | 1.56(2.95%) | 213215 |
UnitedHealth Group Inc | UNH | 336.25 | -3.42(-1.01%) | 16569 |
Verizon Communications Inc | VZ | 60.7 | 0.15(0.25%) | 8242 |
Visa | V | 209 | 0.64(0.31%) | 6398 |
Wal-Mart Stores Inc | WMT | 146.45 | 0.87(0.60%) | 35961 |
Walt Disney Co | DIS | 174.76 | 0.82(0.47%) | 62835 |
Yandex N.V., NASDAQ | YNDX | 69.55 | 0.66(0.96%) | 8296 |
Microsoft (MSFT) resumed with a Buy at BofA Securities; target $256
FedEx (FDX) target raised to $328 from $290 at Cowen
Exxon Mobil (XOM) upgraded to Buy from Neutral at Goldman; target raised to $52
General Electric (GE) upgraded to Hold from Sell at DZ Bank; target $11
HP (HPQ) upgraded to Overweight from Equal-Weight at Morgan Stanley; target $30
Twitter (TWTR) upgraded to Overweight from Neutral at JP Morgan; target $65
| Index | Change, points | Closed | Change, % |
|---|---|---|---|
| NIKKEI 225 | -44.6 | 26687.84 | -0.17 |
| Hang Seng | -182.23 | 26207.29 | -0.69 |
| KOSPI | -5.38 | 2756.82 | -0.19 |
| ASX 200 | -28.9 | 6631.3 | -0.43 |
| FTSE 100 | -18.51 | 6513.32 | -0.28 |
| DAX | 139.71 | 13362.87 | 1.06 |
| CAC 40 | 2.47 | 5530.31 | 0.04 |
| Dow Jones | 337.76 | 30199.31 | 1.13 |
| S&P 500 | 47.13 | 3694.62 | 1.29 |
| NASDAQ Composite | 155.02 | 12595.06 | 1.25 |