π Stock open higher after Dow and S&P 500 post two consecutive losing weeks
Stock Index Futures point to open higher to start the week after the S&P 500 had its second negative week in a row last week. - Here's what is happening in the markets today, Monday, May 24th.
Stock Index Futures point to open higher to start the week after the S&P 500 had its second negative week in a row last week.
Here's what is happening in the markets today, Monday, May 24th.
The DOW had its fourth negative week out of five, but the losses were minor. The NASDAQ on the other hand, gained 0.31% last week, snapping a four-week losing streak.
Last week, Markets were shaken by Bitcoinβs 30% collapse. And Bitcoin had another rough weekend: BTC dropped under $32,000 on Sunday, only to recover back above $36,000.
Shares of Tesla (TSLA), a big holder of the crypto, gained 0.5% in premarket trading despite the bitcoin volatility.
Coinbase (COIN) added 2% in premarket trading as bitcoin stabilized Monday
The βbuy the dipβ mentality has been remarkably strong this year.
Virgin Galactic (SPCE) is up 20.5% in premarket trading after it held a successful test flight over the weekend of its SpaceShipTwo.. It successfully reached space 50 minutes after takeoff from Las Cruces, New Mexico, before returning to earth. Galactic needs to fly two more tests to finish the development of its SpaceShipTwo rocket system before it gets a license from the FAA for conducting regular spaceflights. The next spaceflight test will carry four Galactic employees to test the spacecraft's cabin, while the last test will fly Richard Branson
before it receives a license for conducting regular spaceflights and has
Looking ahead, there are still a number of retail companies set to report quarterly earnings this week: including Nordstrom (JWN), Urban Outfitters (URBN), Gap (GPS), Costco (COST), Best Buy (BBY) and Ulta (ULTA).
Several tech companies will also release quarterly updates, including Nvidia (NVDA), Snowflake (SNOW), Workday (WDAY) and Salesforce (CRM).
Covid-19: New daily cases in the US are at their lowest levels in a year.
On the economic data front, consumer confidence and new home sales data will be released on Tuesday.
This wraps up today's stock market news.
If you enjoyed the "Stock Market Today" video, make sure to subscribe to this podcast.
And for more stock market news, visit https://rockwelltrading.com.
#todaysstockmarket #stockmarkettoday #stockmarket
Here's what is happening in the markets today, Monday, May 24th.
The DOW had its fourth negative week out of five, but the losses were minor. The NASDAQ on the other hand, gained 0.31% last week, snapping a four-week losing streak.
Last week, Markets were shaken by Bitcoinβs 30% collapse. And Bitcoin had another rough weekend: BTC dropped under $32,000 on Sunday, only to recover back above $36,000.
Shares of Tesla (TSLA), a big holder of the crypto, gained 0.5% in premarket trading despite the bitcoin volatility.
Coinbase (COIN) added 2% in premarket trading as bitcoin stabilized Monday
The βbuy the dipβ mentality has been remarkably strong this year.
Virgin Galactic (SPCE) is up 20.5% in premarket trading after it held a successful test flight over the weekend of its SpaceShipTwo.. It successfully reached space 50 minutes after takeoff from Las Cruces, New Mexico, before returning to earth. Galactic needs to fly two more tests to finish the development of its SpaceShipTwo rocket system before it gets a license from the FAA for conducting regular spaceflights. The next spaceflight test will carry four Galactic employees to test the spacecraft's cabin, while the last test will fly Richard Branson
before it receives a license for conducting regular spaceflights and has
Looking ahead, there are still a number of retail companies set to report quarterly earnings this week: including Nordstrom (JWN), Urban Outfitters (URBN), Gap (GPS), Costco (COST), Best Buy (BBY) and Ulta (ULTA).
Several tech companies will also release quarterly updates, including Nvidia (NVDA), Snowflake (SNOW), Workday (WDAY) and Salesforce (CRM).
Covid-19: New daily cases in the US are at their lowest levels in a year.
On the economic data front, consumer confidence and new home sales data will be released on Tuesday.
This wraps up today's stock market news.
If you enjoyed the "Stock Market Today" video, make sure to subscribe to this podcast.
And for more stock market news, visit https://rockwelltrading.com.
#todaysstockmarket #stockmarkettoday #stockmarket