Free Trial

Cash Equities Strong From the Open, Futures Narrow In On ATH

EQUITIES
  • Equities improving further from the opening bell, with the e-mini S&P looking for an imminent test of the overnight all-time high at 4074.50.
  • The S&P's outperforming so far Tuesday, with DJIA futures slightly underwater while NASDAQ futs are just above unchanged.
  • In cash markets, energy firms (Monday's poorest performer) are bouncing alongside the recovery in WTI crude futures, while consumer discretionary & materials also trade well. Utilities and real estate are Tuesday's laggards so far.
  • For a second session, COVID re-opening names are trading well, with Caesars Entertainment, Alaska Air & Norwegian Cruiselines among the index's best performers.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.