S&P 500 Futures step back from record top as US T-bond yields pause declinesNEWS | 6/29/2021 1:52:37 AM GMT | By Anil Panchal S&P 500 Futures print mild losses surrounding the all-time high. Covid woes, Fedspeak trouble traders amid a light calendar. US Treasury yields consolidate the heaviest daily losses in over a week. S&P 500 Futures ease from the record top of 4,281.88, down 0.15% intraday around 4,274, during early Tuesday. In doing so, the risk barometer justifies the halt in US Treasury yields’ downside amid mixed concerns over the coronavirus (COVID-19) and the US inflation, not to forget chatters over infrastructure spending from US President Joe Biden.
6/25/2021 2:27:04 AM GMT | By Sandeep Kanihama S&P 500 Futures edge higher after refreshing record top the previous day. Biden’s infratructure spending and EU-US trade optimism battle Fed’s move, covid woes amid a quiet session. US Core PCE, Fedspeak will be the key to follow for fresh impulse. S&P 500 Futures remain firmer around all-time high, flashed Thursday, amid subdued markets on early Friday. The risk barometer earlier cheered US President Joe Biden’s ability to deliver promised stimulus but mixed clues test market bulls afterward. Also challenging the sentiment could be the lack of data/events and month-end positioning.
Asian Stock Market: On the back foot as US Treasury yields keep Fed-led strength fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.
May 21, 2021 04:06 GMTFXStreet News S&P 500 Futures stays positive for the second consecutive day. US Jobless Claims helped equities to buck the three-day downtrend on Thursday. Ceasefire in Gaza, push for vaccinations in Japan and mixed covid updates from Asia trouble traders. Light calendar, pre-PMI caution add to the market’s sluggish performance. S&P 500 Futures defend bulls, up 0.24% around 4,165, during early Friday. In doing so, the risk barometer remains sidelined amid a lack of major data/events. However, the optimists cheer Wall Street’s first daily gains in four, as well as the Israel-Palestine peace accord, to keep the reins amid a quiet session.