U.S. stock-index futures rose on Wednesday, as investors digested the latest report from ADP, which showed the U.S. private employers boosted hiring in March, while awaiting the announcement of a key infrastructure spending plan by the U.S. President Joe Biden later today.
Global Stocks:
Index/commodity | Last | Today's Change, points | Today's Change, % |
Nikkei | 29,178.80 | -253.90 | -0.86% |
Hang Seng | 28,378.35 | -199.15 | -0.70% |
Shanghai | 3,441.91 | -14.77 | -0.43% |
S&P/ASX | 6,790.70 | +52.30 | +0.78% |
FTSE | 6,771.29 | -0.83 | -0.01% |
CAC | 6,080.60 | -7.44 | -0.12% |
DAX | 14,996.34 | -12.27 | -0.08% |
Crude oil | $60.43 | -0.20% | |
Gold | $1,687.70 | +0.10% |
FXStreet reports that S&P 500 remains capped as expected at its record high and two-month channel top at 3984/93 and economists at Credit Suisse look for the market to stay capped here for now for a fresh pullback into the range.
“The S&P 500 stays sidelined near-term with the market still capped as expected at key resistance from the range highs and two-month channel top at 3984/93. Whilst our broader outlook stays bullish for an eventual move to 4070/75, we suspect this resistance remains intact for now and we see a fresh pullback into the range.”
“Support remains at 3943/33 initially, below which can see a fall back to the price gap from last Friday morning at 3918/10. We look for this to then ideally hold to keep the immediate risk higher in the range. Below though would instead open the door to a retest of last week’s low and the 63-day average at 3858/54.”
(company / ticker / price / change ($/%) / volume)
3M Co | MMM | 194.31 | -0.33(-0.17%) | 2801 |
ALCOA INC. | AA | 33.6 | 0.63(1.91%) | 72043 |
ALTRIA GROUP INC. | MO | 51.19 | -0.07(-0.14%) | 21536 |
Amazon.com Inc., NASDAQ | AMZN | 3,075.00 | 19.71(0.65%) | 15506 |
American Express Co | AXP | 142.2 | -0.86(-0.60%) | 6006 |
Apple Inc. | AAPL | 121.71 | 1.81(1.51%) | 1163554 |
AT&T Inc | T | 30.75 | 0.02(0.07%) | 79176 |
Boeing Co | BA | 255.3 | 3.29(1.31%) | 115162 |
Caterpillar Inc | CAT | 233.99 | 0.91(0.39%) | 13964 |
Chevron Corp | CVX | 105.75 | -0.18(-0.17%) | 10106 |
Citigroup Inc., NYSE | C | 72.86 | -0.10(-0.14%) | 24353 |
Deere & Company, NYSE | DE | 374.12 | 0.20(0.05%) | 1839 |
Exxon Mobil Corp | XOM | 56.67 | -0.02(-0.04%) | 25840 |
Facebook, Inc. | FB | 289.88 | 1.88(0.65%) | 74571 |
FedEx Corporation, NYSE | FDX | 286.8 | 0.88(0.31%) | 4031 |
Ford Motor Co. | F | 12.45 | -0.01(-0.08%) | 166471 |
Freeport-McMoRan Copper & Gold Inc., NYSE | FCX | 33.32 | 0.64(1.96%) | 58227 |
General Electric Co | GE | 13.32 | 0.02(0.15%) | 112023 |
General Motors Company, NYSE | GM | 58.1 | -0.41(-0.70%) | 70565 |
Goldman Sachs | GS | 332.97 | 0.96(0.29%) | 8532 |
Google Inc. | GOOG | 2,063.79 | 8.25(0.40%) | 3965 |
Hewlett-Packard Co. | HPQ | 31.57 | 0.01(0.03%) | 1686 |
Home Depot Inc | HD | 303.58 | -1.24(-0.41%) | 6823 |
HONEYWELL INTERNATIONAL INC. | HON | 217.81 | -0.28(-0.13%) | 2131 |
Intel Corp | INTC | 64.15 | 0.38(0.60%) | 51780 |
International Business Machines Co... | IBM | 134.52 | -0.20(-0.15%) | 4472 |
International Paper Company | IP | 55.29 | 0.29(0.53%) | 519 |
Johnson & Johnson | JNJ | 164.75 | -0.26(-0.16%) | 6216 |
JPMorgan Chase and Co | JPM | 154.36 | -0.12(-0.08%) | 15381 |
McDonald's Corp | MCD | 224.25 | -0.73(-0.32%) | 4116 |
Merck & Co Inc | MRK | 77.13 | 0.17(0.22%) | 5571 |
Microsoft Corp | MSFT | 232.98 | 1.13(0.49%) | 79766 |
Pfizer Inc | PFE | 36.27 | 0.16(0.44%) | 601246 |
Procter & Gamble Co | PG | 135.33 | -0.12(-0.09%) | 3767 |
Starbucks Corporation, NASDAQ | SBUX | 110.22 | -0.05(-0.05%) | 1940 |
Tesla Motors, Inc., NASDAQ | TSLA | 647.25 | 11.63(1.83%) | 479275 |
The Coca-Cola Co | KO | 53.04 | -0.11(-0.21%) | 26023 |
Twitter, Inc., NYSE | TWTR | 63.62 | 0.63(1.00%) | 49820 |
UnitedHealth Group Inc | UNH | 372.53 | -1.03(-0.28%) | 881 |
Verizon Communications Inc | VZ | 58.54 | -0.05(-0.09%) | 27900 |
Visa | V | 212.12 | 0.22(0.10%) | 13588 |
Wal-Mart Stores Inc | WMT | 135.57 | -0.17(-0.13%) | 8245 |
Walt Disney Co | DIS | 185.9 | 0.37(0.20%) | 23697 |
Yandex N.V., NASDAQ | YNDX | 63.09 | -0.05(-0.08%) | 123775 |
+Apple (AAPL) upgraded to Buy from Neutral at UBS; target raised to $142
Walgreens Boots Alliance (WBA) reported Q2 FY 2021 earnings of $1.40 per share (versus $1.52 per share in Q2 FY 2020), beating analysts’ consensus estimate of $1.12 per share.
The company’s quarterly revenues amounted to $32.779 bln (-8.5% y/y), missing analysts’ consensus estimate of $36.159 bln.
The company also raised its FY 2021 guidance to mid-to-high single-digit growth in constant currency-adjusted EPS from both total and continuing operations. Previous guidance was for low single-digit growth.
WBA rose to $54.28 (+2.45%) in pre-market trading.