Nasdaq 100 futures slip forward of very first buying and selling day of the second quarter: Stay updates

Nasdaq 100 futures slip forward of very first buying and selling day of the second quarter: Stay updates


The Week Ahead: March 31, 2023

Nasdaq 100 futures retreated on Sunday night as Wall Street turned its consideration to the get started of the second quarter.

Nasdaq 100 futures shed .36%, while S&P 500 futures slid .22%. Futures for the Dow Jones Industrial Ordinary had been minimal transformed.

The moves in futures occur forward of the 1st trading working day of the second quarter on Monday. All 3 big averages were favourable in the initial quarter, despite turmoil in the banking sector highlighted by the collapse of Silicon Valley Financial institution in March.

The Nasdaq Composite led the way with a get of 16.8% as tech shares rebounded from a brutal slide previous 12 months. It was the index’s ideal stretch because the next quarter of 2020.

Meanwhile, the S&P 500 rose 7% in the to start with three months of the year for its second-straight beneficial quarter. The Dow industrials lagged but even now managed to grind out an advance of .4%.

“For now at the very least, tech is witnessed as a protected haven of all things, immune to the news in banking. The S&P 500, in change, appears to be held with each other by its possess major weighting in Tech, names like Microsoft, Apple and the like,” Wellington Shields technological analyst Frank Gretz stated in a take note to consumers.

The to start with week of the new quarter is a shortened one for Wall Road, as trading will be closed for Superior Friday. Nevertheless, there will be many crucial pieces of economic info for traders, such as task openings info on Tuesday, ADP non-public payrolls report on Wednesday and the carefully watched month-to-month work report on Friday.



Resource

Treasury yields tick lower as Trump’s spending bill in focus
World

Treasury yields tick lower as Trump’s spending bill in focus

U.S. Treasury yields moved lower as investors monitored whether the Senate would pass President Donald Trump’s divisive spending bill over the next few hours. At 3:59 a.m. ET, the benchmark yield was 2 basis points lower at 4.257%, and the 30-year yield moved 3 basis points lower to 4.814%. Meanwhile, the  2-year yield was little changed […]

Read More
British pound gains as UK-U.S. trade deal cuts autos, aviation tariffs
World

British pound gains as UK-U.S. trade deal cuts autos, aviation tariffs

Join CNBC for live updates on European markets. Source

Read More
CNBC Daily Open: The S&P 500’s high is a gift from Trump that can be taken away
World

CNBC Daily Open: The S&P 500’s high is a gift from Trump that can be taken away

U.S. President Donald Trump takes part in a press conference on recent Supreme Court rulings in the briefing room at the White House on June 27, 2025, in Washington, DC, U.S. Joe Raedle | Getty Images News | Getty Images Something I rarely, if ever, say: What a wonderful Monday morning! On Friday stateside, the […]

Read More