Tag: SP500

S&P 500 Index opens sharply higher above 3,600 driven by energy stocks

S&P 500 Index opens sharply higher above 3,600 driven by energy stocks

The major Wall Street indices opened in positive territory on Tuesday. Energy stocks post impressive gains on rising crude prices. The S&P 500 Technology Index shows small losses on early trading. The main stock indices They started the second day of the week with a decisive rise as risk flows continue to dominate financial markets. […]

S&P 500 bounces higher amid hopes for COVID-19 vaccine

S&P 500 bounces higher amid hopes for COVID-19 vaccine

The SP 500 rises 0.56% driven by hopes for a COVID-19 vaccine. News of Trump’s plans to increase pressure on China has topped the positive mood. The main Wall Street indices have rebounded after a hectic session, with the S&P 500 approaching daily highs, as hopes for a COVID-19 vaccine have boosted confidence in the […]

The S&P 500 retreats lower from highs of 3,587, trim daily gains as the market digests strong US data.

The S&P 500 retreats lower from highs of 3,587, trim daily gains as the market digests strong US data.

The S & P500 has eroded all of its previous gains amid choppy trading after the strong US PMI data. As markets weigh whether strong data can deter the Fed from acting, the S&P 500 is trading within recent ranges. The US stock markets have been oscillating in recent trading, with the S&P 500 initially […]

S&P 500 Index opens higher on rising energy stocks

S&P 500 Index opens higher on rising energy stocks

The main Wall Street indices started the week stronger. Rising crude prices lifted energy stocks on Monday. The optimism of the coronavirus vaccine helps market sentiment remain optimistic. The major stock indices in the US started on the first day of the week in positive territory fueled by renewed optimism for the coronavirus vaccine. At […]

S&P 500 Swaying as Traders Weigh Prospects for US Fiscal Stimulus, Treasury-Fed Dispute

S&P 500 Swaying as Traders Weigh Prospects for US Fiscal Stimulus, Treasury-Fed Dispute

The S&P 500 has been oscillating since the open, between the 3560 and 3570. Traders are weighing the possibility of more fiscal stimulus in the United States, as well as the Treasury’s decision not to continue with the Fed’s emergency loan programs. The index is at risk of breaking an uptrend that could open the […]

S&P 500 Index opens little changed near 3,570

S&P 500 Index opens little changed near 3,570

The major Wall Street indices opened near Thursday’s closing levels. Financial stocks fall on the last day of the week. Five major sectors of the S&P 500 are trading in positive territory. The main stock indices in the US. They opened little changed on Friday in the absence of any major macroeconomic data releases. At […]

Pfizer and BioNTech to Submit Emergency Use Authorization Request to FDA for COVID-19 Vaccine

Pfizer and BioNTech to Submit Emergency Use Authorization Request to FDA for COVID-19 Vaccine

Pfizer and BioNTech announced on Friday that they will send a request for emergency use authorization to the United States Food and Drug Administration (FDA for its acronym in English) on Friday. Additional details of the announcement have revealed that the companies they will be ready to distribute the vaccine within hours after authorization. “To […]

EU could approve Pfizer and Moderna vaccines in December – Bloomberg

EU could approve Pfizer and Moderna vaccines in December – Bloomberg

“Pfizer & BioNtech and Moderna Inc. could receive a marketing authorization conditional of the European Union (EU) for its vaccines against Covid-19 in the second half of next month“Bloomberg reported, citing comments from the president of the European Commission, Ursula von der Leyen. Featured quotes: “The European Medicines Agency is in daily contact with the […]

The S&P 500 Index opens in negative territory around 3,550

The S&P 500 Index opens in negative territory around 3,550

The major Wall Street indices opened lower on Thursday. All major sectors of the S&P 500 are operating in negative territory. Falling US Treasury yields weigh on financial stocks. The main US stock indices opened in negative territory on Thursday after the release of uninspiring macroeconomic data from the US At time of writing, the […]

S&P 500: Breakout of 3.585 Support Warns of Further Short-Term Range Movement

S&P 500: Breakout of 3.585 Support Warns of Further Short-Term Range Movement

While Credit Suisse analysts remain bullish on the S&P 500 index, the break of the gap support at 3.585 on Wednesday is adding weight to the eye for further consolidation in the near term and a test of the support at 3.519 / 09. Key Comments: “The S&P 500 experienced a strong pullback at the […]