Today's post-holiday session saw stocks climb after a technical glitch disrupted overnight futures trading. The market closes at 1 p.m. ET and next week brings a host of key data.
Results from Deere and initial weekly jobless claims are due with Wall Street on a 3-day win streak. Hopes for a rate cut surged this week and Alphabet keeps setting new highs.
Though major indexes remain down for the month, they're up three days in a row and again early today on rate cut enthusiasm and solid earnings. Jobless data was below expectations.
Stocks are up two straight days following Monday's tech-led rally bolstered by Alphabet and Broadcom. PPI and retail sales data loom along with Best Buy and Alibaba results.
After a gangbuster stock market rally since the early-April lows, many of the prior highfliers have taken a breather amid AI bubble and valuation concerns.
This holiday-shortened week features a busy earnings schedule along with retail sales and PPI. VIX and crypto trading may be key to watch after last week's tech-driven sell-off.
Thursday's rally-killing plunge submerged AI stocks and sent the S&P 500 to 2-month lows. Sentiment data loom as major indexes and cryptocurrencies start below key chart levels.
Liz Ann Sonders and Peter Atwater delve into how investor confidence, market narratives, and the "K-shaped economy" are influencing the current market cycle.
Find Market Commentary content
Rally Resumes After Holiday, Technical Glitch
Looking to the Futures
Jobless Claims, Deere Follow Early Holiday Party
Today's Options Market Update
PPI, Retail Sales Data Await Following Big Rally
Stocks: Less Comfortably Numb
Short Week Packed with Earnings After Sell-off
After Ugly Tech Reversal, Sentiment Data Awaited
The Confidence Map: Navigating Investor Sentiment (With Peter Atwater)