The Market with Ozzy

Market Statistics, News, Sectors of S&P 500, Fixed Income, Economic Calendar and more…

At the opening bell

S&P futures vs fair value: -4 at 916.26. Personal Income, consumer spending and core PCE price index numbers came in-line with the expectations, all up 1.4%, 0.3% and 0.1% respectively. Market reacted to the news, though futures pulled back from their fresh gains at this minute.

Market is about to open in less than a minute. There comes the opening bell. In the first couple of minutes of trading, stocks are trading in a mixed fashion. All the sectors of S&P 500 are now trading with moderate losses. The primary laggard is Energy, down 0.64% at 47.90.

U.S. Dollar is down slightly at 79.80. The index has been under heavy squeeze in a very narrow range for over 3 months now. The index finds support around 79 and sees resistance at 81.

S&P 500 found support at 915 at this minute in the stock exchange. Technology, materials, financials, and industrials are made their way to the green.

Meanwhile Apple Inc. (AAPL, up 0.84% at 141.41 a share) is trying new highs for the day. It is helping the NASDAQ to move upwards from its lows. NASDAQ is now barely in red, down 3 points.

The volume is very low.

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