Goldman Sachs Downgrades U.S. Economic Growth
Rising oil prices (/CL) appear to be leading a rally in many commodities including RBOB Gasoline futures (/RB) and heating oil (/HO). The rallies add to a week where inflation may play a big part.
Monday’s Market Minute: Earnings Season Kicks Off Again
Let’s take a market minute to get ahead of this week.
A Peek Into The Markets: US Stock Futures Down; Crude Oil Jumps 2%
Pre-open movers
U.S. stock futures traded lower in early pre-market trade after the Nasdaq dropped around 75 points in the previous session.
After the Jobs Report, Investors are Looking at The Fed for Tapering Signals
Investors were in wait-and-see mode before the Employment Situation Report and then the volatility hit. Non-farm job growth was expected to be around 500,000 but the number was only 194,000. This shows how difficult predicting job growth has been during the pandemic.
Unexpected Help from Moscow Could Bring Relief to Energy Crises
Stocks look to push higher for the third day in a row as futures point to a higher open. Stocks built some positive momentum on Wednesday with news of a temporary debt ceiling resolution and easing in the global energy crunch. The developments appear to have assuaged investor fears and now investors may see the pullback as buying opportunity.
4 Catalysts That Could Send The Stock Market Higher Or Lower From Here
Traders and investors are considering whether or not to buy the stock market dip heading into third-quarter earnings season.
Tom Essaye, founder of Sevens Report Research, has highlighted four catalysts that will determine if the market finishes 2021 at new all-time highs or continues its retreat.
