(Reuters) -U.S. stock index futures were subdued on Tuesday after the major indexes posted near-record closing highs in the previous session and investors remained cautious ahead of an impending employment rate revision. A preliminary estimate of the nonfarm payrolls benchmark published by the Bureau of Labor Statistics is due at 10 a.m. ET, with economists…
For investors looking for direction in the stock market, keep an eye on two technical levels in major indexes. Paul Ciana, a technical strategist at Bank of America, said he was watching two levels in the S&P 500 and Dow Jones Industrial Average to determine where they go next. Those levels could serve as important…
It’s been a strong summer for stocks, but investors are about to enter what is historically the worst period of the year for the market. The period from late July to mid-October is a tough stretch, with August and September often seeing the worst of the volatility. The S&P 500 has dipped by an average…
A stronger-than-expected second quarter earnings season has Wall Street increasingly confident the S&P 500 (^GSPC) has room to run higher in 2025. In a note to clients over the weekend entitled “Better earnings trigger target reset,” the Citi US equity strategy team led by Scott Chronert boosted its year-end S&P 500 target to 6,600 from…
The stock market flashed a key technical signal that suggests a pullback from all-time highs is on the way. That’s according to Jonathan Krinsky, the managing director and chief market technician at BTIG, who thinks the S&P 500 is bound for a 5% pullback soon. The benchmark index just broke through a technical resistance level…
A rally in big tech stocks led the broader market to a higher close Wednesday, lifting the Nasdaq to an all-time high and helping Wall Street claw back most of its losses from earlier in the week. The S&P 500 rose 0.6% for its first gain this week. The benchmark index remains near the record…
The S&P 500 (^GSPC) rode a bumpy path to end the first half of 2025 at a record high. After falling more than 19% in April from its previous all-time high, the benchmark index ripped to new records just two months later as the market’s worst fears about the impact of President Trump’s tariffs evaporated….