US stock futures turned from green to red early on Thursday, after the US government shutdown was ended overnight. Predicted losses were small for Wall Street's main benchmarks, with the Dow Jones, S&P 500 and Nasdaq all called down less than 0.1%.
Investors love dividend stocks, especially those with high yields, because they provide a substantial income stream and offer significant total return potential.
U.S. indices appear poised to rally again, with optimism surrounding an end to the government shutdown fueling renewed buying. The Nasdaq 100, Dow Jones 30, and S&P 500 all show technical strength and continued support from key moving averages, as well as trendlines.
The Dow Jones Industrial Average closed at a fresh record high Tuesday as investors piled into stocks beyond the hot AI plays
The Dow Jones Industrial Average offers too small a sample size for many to be an effective gauge of how well the stock market is doing on any given day.
Markets are pulling back slightly in pre-market trading, but I remain confident in the broader uptrend. Key technical levels are being tested, and I expect buyers to step in soon as these dips present value opportunities.
The Federal Aviation Administration ordered a 10% reduction in traffic at 40 airports due to the government shutdown
The S&P 500, Dow Jones Industrial Average (Dow), and Nasdaq Composite are all stock market indexes used to measure the performance of various aspects of the U.S. stock market.
Concerns are mounting that the bullish stock market is due for a downturn, especially if AI stocks have been overvalued.
10am: It's a mixed open on Wall Street, as the futures market correctly anticipated. The Dow Jones Industrial Average is the one in the red, down 0.4% as more than two-thirds of the 30-company index are in the red, led by UnitedHealth, Verizon Communications, Chevron, Nike, Merck & Co and Caterpillar.
US stocks are set for a mixed start to November trading as persistent hopes, fears and a government shutdown continue to exert an influence on market sentiment. Dow Jones futures are down a handful of points, or around 0.1%, while S&P 500 and Nasdaq futures are up 0.2% and 0.5%.
Blue chips Boeing Co (NYSE: BA) and Caterpillar Inc (NYSE:CAT) are fresh off the earnings confessional.