Good Friday morning traders and investors of the r/stocks sub! Welcome to the final trading day of the week. Here are your pre-market movers & news on this Friday, May the 19th, 2023-
Stock futures are flat as S&P 500 aims for biggest weekly gain since March: Live updates
Stock futures were little changed Friday as Wall Street continued monitoring the situation surrounding the debt ceiling.
Futures connected to the Dow Jones Industrial Average added 21 points, or 0.1%, while S&P 500 gained 0.1%. Nasdaq-100 futures fell marginally.
The major averages are headed for weekly gains. The S&P 500 is up 1.8% week to date through Thursday’s close. That would be its biggest one-week advance since March. The Nasdaq Composite, meanwhile, has risen 3.3% for the week. That would also be its best weekly performance since March. The Dow is up 0.7%.
A chunk of those gains came Thursday, as traders mounted bets that a U.S. debt ceiling deal could be reached. Comments from House Speaker Kevin McCarthy Thursday seemed to suggest a potential deal could come as soon as next week.
“There is some uncertainty about when the government will be unable to meet its obligations in terms of running out of money, so that does create some uncertainty,” said Yung-Yu Ma, chief investment strategist at BMO Wealth Management. “And so, it’s still a risky environment, but one which we believe will ultimately see an outcome that is not too damaging to the markets – on a long-term basis, at least.”
The tail-end of earnings season continues Friday with results from Deere and Foot Locker before the bell.
Friday marks a light day for economic data, although comments from Federal Reserve Chair Jerome Powell and New York Fed President John Williams are on deck.
STOCK FUTURES CURRENTLY:
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YESTERDAY'S MARKET MAP:
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TODAY'S MARKET MAP:
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YESTERDAY'S S&P SECTORS:
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TODAY'S S&P SECTORS:
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TODAY'S ECONOMIC CALENDAR:
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NEXT WEEK'S ECONOMIC CALENDAR:
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NEXT WEEK'S UPCOMING IPO'S:
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NEXT WEEK'S EARNINGS CALENDAR:
([CLICK HERE FOR NEXT WEEK'S EARNINGS CALENDAR!]())
(T.B.A. THIS WEEKEND.)
THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:
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EARNINGS RELEASES BEFORE THE OPEN TODAY:
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THIS AFTERNOON'S AFTER-HOURS EARNINGS CALENDAR:
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(NONE.)
EARNINGS RELEASES AFTER THE CLOSE TODAY:
([CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES!]())
(NONE.)
YESTERDAY'S ANALYST UPGRADES/DOWNGRADES:
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YESTERDAY'S INSIDER TRADING FILINGS:
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TODAY'S DIVIDEND CALENDAR:
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(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #2!)
(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #3!)
THIS MORNING'S STOCK NEWS MOVERS:
(source: [cnbc.com]())
(TO BE POSTED LATER THIS MORNING.) — (TO BE POSTED LATER THIS MORNING.).
STOCK SYMBOL: (TO BE POSTED LATER THIS MORNING.)
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DISCUSS!
What's on everyone's radar for today's trading day ahead here at r/stocks?
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