many thanks to @Speckledjim for his great efforts
if i could only fill half his shoes then he must wear a size 20
Dow jones plus 36
FTSE plus 46
Dax plus 69
gold plus $3.57 USD 1256
oil minus 0.84 USD 48
http://www.marketwatch.com/story/us...head-of-apple-earnings-fed-meeting-2017-05-02
U.S. stocks eked out gains Tuesday, with the Nasdaq finishing at a record for a second session on the back of robust earnings. Investors, however, were skittish as the Federal Reserve’s two-day policy meeting got underway.
The Dow Jones Industrial Average DJIA, +0.17% rose 36.43 points, or 0.2%, to close at 20,949.89. The S&P 500 index SPX, +0.12% edged up 2.84 points, or 0.1%, to end at 2,391.17.
The Nasdaq Composite Index COMP, +0.06% gained 3.76 points to finish at a record 6,095.37.
The Nasdaq was supported by Apple Inc. AAPL, +0.63% the largest U.S. company by market cap, which rose 0.6% and hit a record of its own. The iPhone maker is releasing its quarterly earnings after the closing bell. See:Apple earnings live blog.
Read: The annual Apple cash bonanza is here — will $300 billion be enough?
“The earnings recession is over,” said Phil Orlando, chief equity market strategist at Federated investors. “Earnings season has been terrific, the best in four or five years, and if we can get anything out of D.C. in getting tax reforms in place, the market will go vertical.”
The mood in the market was nonetheless cautious as the Fed convened its Federal Open Market Committee. While the central bankers are expected to keep rates on hold at this meeting, analysts are looking for any comments on the recent slowdown in U.S. economic activity. The U.S. gross domestic product for the first quarter grew 0.7%, the slowest pace in three years, data out on Friday showed.
The central bank will release its policy statement at the conclusion of its meeting at 2 p.m. Eastern time Wednesday
what we can expect today
futures point to a flattish open
ASX minus 4
somehow i think this is not the time to "sell in may and run away" because this time in politics, orange is the new black"
GLTA
- Forums
- ASX - Day Trading
- dat trading 03/05 pre market
many thanks to @Speckledjim for his great efforts if i could...
-
- There are more pages in this discussion • 41 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)