The S&P 500 bounced 2 points in the final seconds of an abbreviated session but finished the day 4.7 points lower to 2068. On the week, the index added 0.2% while it rose 2.5% in November.
The S&P 500 is once again showing an impressive ability to withstand bad news. The index opened 2 points lower after a 4 point decline on Monday. A small slip is somewhat surprising because the S&P 500 had to shake … Continue reading
The S&P 500 climbed 6 points to 2069 shortly after the open. Friday’s intraday high was 2071.60 — an all time record. The S&P 500 has closed at a record high 45 times this year, equaling the number from last … Continue reading
The S&P 500 is up 13 points to a fresh record at 2054. The index had gained/lost less than 0.1% for 5 consecutive sessions heading into today — matching the longest streak on record. Technically, the gains today break a … Continue reading
The index is in mildly positive territory today after an early decline. It’s turning into a quiet day in US trading but a fifth consecutive doji star would be a strong signal for caution. That kind of indecision after a … Continue reading
The snapshot of the forex market shows that the EUR is the strongest currency heading into Mario Draghi’s press conference. The weakest is the GBP. House prices in the UK came down today. Industrial Production and Manufacturing Production was a … Continue reading
The US mid-term election results has helped the USD move higher in trading today. The greenback is strongest against the AUD and NZD. Both pairs have trended lower in trading today (see charts below). Each also found selling interest against … Continue reading