U.S. stock-index futures rose on Monday, as the report about a record number of new daily coronavirus cases by the World Health Organization (WHO) was not enough to dampen investors’ hopes of stimulus-fueled economic recovery.
Global Stocks:
Index/commodity | Last | Today's Change, points | Today's Change, % |
Nikkei | 22,437.27 | -41.52 | -0.18% |
Hang Seng | 24,511.34 | -132.55 | -0.54% |
Shanghai | 2,965.27 | -2.36 | -0.08% |
S&P/ASX | 5,944.50 | +1.90 | +0.03% |
FTSE | 6,272.74 | -19.86 | -0.32% |
CAC | 4,957.55 | -21.90 | -0.44% |
DAX | 12,290.27 | -40.49 | -0.33% |
Crude oil | $39.57 | -0.65% | |
Gold | $1,766.40 | +0.76% |
(company / ticker / price / change ($/%) / volume)
ALCOA INC. | AA | 11.51 | 0.03(0.26%) | 1985 |
ALTRIA GROUP INC. | MO | 40.9 | 0.21(0.51%) | 2175 |
Amazon.com Inc., NASDAQ | AMZN | 2,692.80 | 17.79(0.66%) | 25502 |
American Express Co | AXP | 99 | -1.94(-1.92%) | 51427 |
AMERICAN INTERNATIONAL GROUP | AIG | 31.66 | -0.15(-0.47%) | 2055 |
Apple Inc. | AAPL | 352.02 | 2.30(0.66%) | 265098 |
AT&T Inc | T | 30.33 | 0.02(0.07%) | 113704 |
Boeing Co | BA | 183.8 | -3.22(-1.72%) | 481297 |
Caterpillar Inc | CAT | 127.2 | -0.26(-0.20%) | 13113 |
Chevron Corp | CVX | 90.43 | -0.20(-0.22%) | 8494 |
Cisco Systems Inc | CSCO | 45.25 | -0.07(-0.15%) | 20889 |
Citigroup Inc., NYSE | C | 52.35 | -0.57(-1.08%) | 46316 |
E. I. du Pont de Nemours and Co | DD | 53.59 | 0.99(1.88%) | 288 |
Exxon Mobil Corp | XOM | 46.11 | 0.13(0.28%) | 61962 |
Facebook, Inc. | FB | 238.35 | -0.44(-0.18%) | 43451 |
FedEx Corporation, NYSE | FDX | 136.88 | -0.75(-0.55%) | 1745 |
Ford Motor Co. | F | 6.24 | 0.01(0.16%) | 469426 |
Freeport-McMoRan Copper & Gold Inc., NYSE | FCX | 10.53 | 0.03(0.29%) | 25734 |
General Electric Co | GE | 7.18 | 0.03(0.42%) | 332002 |
General Motors Company, NYSE | GM | 26.65 | 0.06(0.22%) | 46562 |
Goldman Sachs | GS | 201.25 | -0.38(-0.19%) | 5462 |
Google Inc. | GOOG | 1,431.53 | -0.20(-0.01%) | 2931 |
Hewlett-Packard Co. | HPQ | 16.81 | 0.03(0.18%) | 3368 |
Home Depot Inc | HD | 245.1 | -1.55(-0.63%) | 3263 |
HONEYWELL INTERNATIONAL INC. | HON | 146 | 0.63(0.43%) | 1244 |
Intel Corp | INTC | 59.65 | 0.03(0.05%) | 37232 |
International Business Machines Co... | IBM | 122.6 | 0.13(0.11%) | 9182 |
International Paper Company | IP | 35 | 0.14(0.40%) | 305 |
Johnson & Johnson | JNJ | 143.85 | 0.02(0.01%) | 47625 |
JPMorgan Chase and Co | JPM | 97.2 | -0.61(-0.62%) | 62002 |
McDonald's Corp | MCD | 186.59 | 0.03(0.02%) | 5548 |
Merck & Co Inc | MRK | 77.49 | -0.41(-0.53%) | 5543 |
Microsoft Corp | MSFT | 195.81 | 0.66(0.34%) | 116778 |
Nike | NKE | 96.6 | 0.82(0.86%) | 15344 |
Procter & Gamble Co | PG | 118.99 | 0.07(0.06%) | 15031 |
Starbucks Corporation, NASDAQ | SBUX | 75.2 | -0.20(-0.27%) | 9250 |
Tesla Motors, Inc., NASDAQ | TSLA | 997.41 | -3.49(-0.35%) | 78724 |
Travelers Companies Inc | TRV | 115.22 | -1.34(-1.15%) | 458 |
Twitter, Inc., NYSE | TWTR | 33.6 | 0.19(0.57%) | 19634 |
UnitedHealth Group Inc | UNH | 290.02 | -1.22(-0.42%) | 2813 |
Verizon Communications Inc | VZ | 56.22 | 0.06(0.11%) | 13355 |
Visa | V | 192.85 | 0.65(0.34%) | 13976 |
Wal-Mart Stores Inc | WMT | 121.43 | 1.58(1.32%) | 153686 |
Walt Disney Co | DIS | 114.18 | -0.17(-0.15%) | 55434 |
Yandex N.V., NASDAQ | YNDX | 45.7 | 0.08(0.18%) | 3099 |
Apple (AAPL) target raised to $400 from $335 at Cowen
Twitter (TWTR) target raised to $36 from $30 at Citigroup
Home Depot (HD) target raised to $260 from $245 at Morgan Stanley
American Express (AXP) downgraded to Sell from Neutral at UBS
Walmart (WMT) upgraded to Buy at UBS; tgt raised to $135
S&P 500: Lengthy corrective phase underway with support seen at 3076 – Credit Suisse
FXStreet notes that S&P 500 strength has been rejected and with an ‘island top’ in place beside daily MACD momentum having turned lower strategists at Credit Suisse continue to look for a lengthier consolidation/corrective phase to emerge with support seen at 3076/66.
“With an ‘island top’ in place and with daily MACD momentum having turned lower this is seen adding weight to our core view that the market is now in a consolidation/corrective phase, which we look to extend further.”
“Immediate support is seen at 3083 then the price gap from the beginning of last week at 3076/66. Beneath here remains needed to ease the immediate upside bias to reinforce the broader ranging scenario, with support then seen next at 3044 ahead of the 200-day average at 3019/18. A weekly close below here remains needed to suggest a more concerted correction lower can emerge, with the 38.2% retracement of the entire rally from March at 2835.”
“Resistance is seen at 3116 initially, then 3140, with a break above 3153/56 needed to clear the way for strength to extend back to the top of the price gap from last week at 3181/90, which we continue to look to cap. Above 3190 though can see the risk stay higher for a test of the potential downtrend from the February peak, today seen at 3213.”
| Index | Change, points | Closed | Change, % |
|---|---|---|---|
| NIKKEI 225 | 123.33 | 22478.79 | 0.55 |
| Hang Seng | 178.95 | 24643.89 | 0.73 |
| KOSPI | 7.84 | 2141.32 | 0.37 |
| ASX 200 | 6.1 | 5942.6 | 0.1 |
| FTSE 100 | 68.53 | 6292.6 | 1.1 |
| DAX | 49.23 | 12330.76 | 0.4 |
| CAC 40 | 20.7 | 4979.45 | 0.42 |
| Dow Jones | -208.64 | 25871.46 | -0.8 |
| S&P 500 | -17.6 | 3097.74 | -0.56 |
| NASDAQ Composite | 3.07 | 9946.12 | 0.03 |