The S&P 500 is expected to lose more ground. The Fed’s aggressive approach is pushing the index lower. To keep inflation under control, Biden intends to eliminate Trump’s tariffs. The E-mini S&P 500 (ES) futures price has been moving lower for the past seven weeks. Such a move was last seen in 2001 during the Read More…
E-mini S&P 500 futures saw a 2% gain on Wednesday. The gain is attributed to the rise in share prices of tech giants like Apple and Microsoft. Retail companies continue to struggle amid inflation concerns. There is a 2% rise in the E-min S&P 500 futures (ES), and over 90% of the companies in the Read More…
ES-mini S&P 500 (futures) struggles to post gains, maintaining a bearish trend. Fed’s aggressive tightening and hot inflation reading weigh on the US and global stocks. Russia’s war and Covid in China keep the risky assets under pressure. On Wednesday, the E-mini S&P 500 (ES) futures contract fell 0.7% after the stock indicator fell to Read More…
The ES fell around 0.6% in premarket as Fed’s rate hike impact weighed on the index. Fed’s Powell announced that he would not consider a 75-bps rate hike in the next meeting. Covid-19 restrictions in China keep global stocks under pressure. The E-mini S&P 500 (ES) futures fell 0.6% in premarket trading. On Wednesday, the Read More…
