Index Futures Net Changes and Settlements:
Foreign Markets, Fair Value and Volume:
- In Asia 6 out of 11 markets closed lower: Shanghai Comp -1.26%, Hang Seng +0.52%, Nikkei -0.08%
- In Europe 8 out of 13 markets are trading lower: CAC -0.07%, DAX +0.27%, FTSE -0.05%
- Fair Value: S&P -0.01, NASDAQ +7.13, Dow -35.27
- Total Volume: 909k ESU & 263 SPU traded in the pit
Today’s Economic Calendar:
Today’s economic calendar includes a 4-Week Bill Announcement 11:00 AM ET, a 3-Month Bill Auction 11:30 AM ET, a 6-Month Bill Auction 11:30 AM ET, TD Ameritrade IMX 12:30 PM ET, and Treasury STRIPS 3:00 PM ET.
S&P 500 Futures: Monday Comes In Late In The Week
After a quiet overnight trade going into the NFP number, the S&P 500 futures opened Friday’s 8:30 cash session at 2829.00, up two ticks. The ES went on to make an early low at 2828.00, then chopped around in a tight range, eventually making a 2835.50 first hour high. The mid morning saw back and fill before 10:00 buy programs elevated the equity markets, pushing back up to 2834.50 by the end of the morning.
The afternoon saw a thin to win climb higher, with 2:00 buy programs pushing the ES up to 2840.50 going into the close. There was another buy imbalance at the end of the day, with an MOC of $1.2 billion to buy, and the 3:00 print coming in at 2840.50, before settling the day at 2839.50.25, up +11.00 handles on the day, or +0.40%.
After a quiet overnight trade going into the NFP number, the S&P 500 futures opened Friday’s 8:30 cash session at 2829.00, up two ticks. The ES went on to make an early low at 2828.00, then chopped around in a tight range, eventually making a 2835.50 first hour high. The mid morning saw back and fill before 10:00 buy programs elevated the equity markets, pushing back up to 2834.50 by the end of the morning.
The afternoon saw a thin to win climb higher, with 2:00 buy programs pushing the ES up to 2840.50 going into the close. There was another buy imbalance at the end of the day, with an MOC of $1.2 billion to buy, and the 3:00 print coming in at 2840.50, before settling the day at 2839.50.25, up +11.00 handles on the day, or +0.40%.
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