Good morning. US equity futures are leaning upward, SPX +11pts, we’re set to open at 6955. USD is -0.1% at DXY 99.02. The precious metals are mixed, Gold +0.1%, with Silver -1.4%. WTIC is +1.6% in the upper $59s.
sp’60min
Summary
Yesterday saw the market build broad gains… and whilst the SPX didn’t print a new hist’ high, the two leaders – Trans/R2K, did.
Overnight futures have been subdued. We’re set to open fractionally higher.
Its OPEX… expect considerable chop.
We’ve a three day weekend ahead, with many prone to walking away early.
All else being equal, I’d look for an intermediate pin to around psy’ 6950.
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Early movers
AAPL -0.3%
AG -0.1%
ALB -3.7%
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AMD +2.6%
ASTS +7.3%
CCJ +1.9%
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COIN +0.7%
Bitcoin is -0.1% at $95K
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FCX -0.8%, with copper -8cents to $5.91
HON +1.6%
HPQ -2.7%, Barclays, equalweight>underweight, 24>18
IBM +1.7%
INTC +1.1%
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JBHT -3.6%, earnings (Thurs’ AH), EPS $1.90 vs 1.77est. Rev’ y/y -1.6% to $3.09bn inline.
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MOS -6.4%, Mosaic warns fertiliser demand is below normal
MU +5.4%
NVDA +0.8%
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NVO +4.2%
ONDS +3.0%
OXY +0.3%
PLTR +0.7%
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PNC +2.8%, EPS $4.88 vs 4.21est. Rev’ y/y +9.0% to $6.1bn vs 5.9est.
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RKLB +2.8%
SMR +2.7%
SNDK +5.3%
TSLA +0.6%
UEC +1.7%
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VIX -0.9% at 15.69
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WDC +3.9%
XOM +0.3%
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Overnight markets
Asian and European markets were mostly -0.3%…
Japan: -0.3% to 53936
China: -0.3% to 4101
Germany: currently -0.3% to 25287
UK: currently -0.02% at 10236
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Have a good Friday