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Futures Point To Broadly Lower Open For Wall Street


Futures Point To Broadly Lower Open For Wall Street
The U.S. stimulus bill is expected to be presented on the House floor for a vote tomorrow.
Asian shares finished higher, while European shares are trading mostly lower.
Early signs from the U.S. Futures Index suggest that Wall Street might open broadly lower.
As of 7.15 am ET, the Dow futures were adding 15.00 points, the S&P 500 futures were down 12.10 points and the Nasdaq 100 futures were sliding 131.00 points
The U.S. major Indices gained on Wednesday. The Dow soared 424.51 points or 1.4 percent to 31,961.86 and the S&P 500 jumped 44.06 points or 1.1 percent to 3,925.43. The tech-heavy Nasdaq also surged 132.77 points or 1 percent to 13,597.97 after tumbling by nearly 180 points in early trading. ....

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SPDR S&P 500 ETF (ETF:SPY), (DJIA) - 'Making Progress': Stock Market Update For The Week Ahead


What Happened: Despite a volatile week, U.S. index futures managed to establish new all-time highs.
Remember This: “In the longer term, the good news is that vaccines are now rolling out increasingly quickly,” said Brad McMillan, chief investment officer at Commonwealth Financial Network. “Despite the headlines we are seeing today and the real risks, we are making progress. We will get there but it will just take a bit longer.”
Pictured: Profile overlays on a 65-minute candlestick chart of the Micro E-mini S&P 500 Futures
Technical
Amid last Friday’s selling, responsive buyers surfaced at $3,680.00, a low-volume area that denotes directional conviction. ....

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