Thursday, May 27, 2021

May 27, 2021

Jobless report: they've been posted. The actual numbers don't matter (we've discussed this before). But how did the Dow react. Just minutes before the number same out, Dow futures were up 75 points; as the numbers came out the Dow futures moved to 120 points on the upside. Prior to the numbers coming out, both the S&P 500 and the NASDAQ were in the red. Following the release of the data, S&P turned slightly positive (essentially flat) while the NASDAQ remained red, about 45 points down.  7:35 a.m. CT; numbers were released at 7:30 a.m. CT.

WTI: down slightly; $65.78.

No comments:

Post a Comment