Dow looks set for Monday jump following Wall Street’s best week since November

cnbc2021-02-08

U.S. stock index futures rose in early morning trading Monday, as the major averages looked to accelerate gains following the best week since November. Futures contracts tied to the Dow gained 139 ...

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Comments

Vendetta88
2021-02-08
Vendetta88
comment
y2k
2021-02-08
y2k
Looking forward to this week!
- J999:
  Ooh yes
- y2k:
  [财迷]
Mason22
2021-02-08
Mason22
Looks like a steong week ahead
PierreTan
2021-02-08
PierreTan
Nice
Hashreen
2021-02-08
Hashreen
Nice
ck1986
2021-02-08
ck1986
Would it be small adjustment this week?
- Hashreen:
  i tink big if u get the right ones...

Leave a comment

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S&P 500 futures and Nasdaq 100 futures also traded in positive territory.\nThe S&P 500 closed at arecord high on Fridayand posted its fifth straight positive session for the first time since August. The Dow is also on its longest daily winning streak since August, while the Nasdaq Composite registered its fourth positive session in five on Friday. The tech-heavy index also closed at a record high.\n“We are still very much in a bull market at the early stages of an economic recovery that’s gaining momentum,” Michael Wilson, chief U.S. equity strategist at Morgan Stanley, said in a note to clients Sunday. “We continue to recommend stocks with the most upside to an improving economic backdrop as the vaccines are distributed and normal activities resume,” he added.\nAll three major averages finished the week in the green, with each posting its best week since November as fears of the short-squeeze in a handful of stocks leading to broader market contagion subsided. The Russell 2000, meanwhile, is on its longest daily winning streak since May, and gained 7.7% last week for its best weekly performance since June.\n“Equities continue to grind higher and are likely keying in on the 4000 level for the S&P 500,” said JC O’Hara, chief market technician at MKM Partners. “Trends continue to be positive ... The severity of the upslope should continue to attract fast money but the longer term, patient money, will be kept on the sidelines until a pullback develops,” he added.\nThe Senate and House each passed abudget resolution on Friday, starting the reconciliation process that would allow President Joe Biden’s $1.9 trillion rescue package to get through the Democratic-held Senate with a simple majority.\nThe package includes $1,400 stimulus checks, supplemental jobless benefits and Covid-19 vaccine and testing funds.\nTreasury Secretary Janet Yellen saidSundaythat if Biden’s stimulus plan is passed the U.S. could return to full employment by 2022.\n“There’s absolutely no reason why we should suffer through a long slow recovery,” Yellen said during an interview on CNN’s “State of the Union.” “I would expect that if this package is passed that we would get back to full employment next year.”\nMeanwhile, another busy week of earnings is on deck with 78 S&P 500 components set to report quarterly results. 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forward to this week!&nbsp;","listText":"Looking forward to this week!&nbsp;","text":"Looking forward to this week!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/389652655","repostId":1170801722,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3524958,"gmtCreate":1612863746316,"gmtModify":1680776229434,"authorId":3560834065076807,"author":{"id":3560834065076807,"idStr":"3560834065076807","authorId":3560834065076807,"name":"J999","avatar":"https://static.tigerbbs.com/0f9f1800d3a366281ffecc1298808c82","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":389652655,"type":1,"supId":0,"prevId":0,"content":"Ooh <u>yes</u>","text":"Ooh <u>yes</u>","html":"Ooh 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ahead","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/389656602","repostId":1170801722,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":389685405,"gmtCreate":1612766052007,"gmtModify":1704873918084,"author":{"id":"3571675068354340","authorId":"3571675068354340","name":"PierreTan","avatar":"https://community-static.tradeup.com/news/4253625c4404a2861d38d8c39df4c3b8","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":2,"crmLevelSwitch":0,"idStr":"3571675068354340","authorIdStr":"3571675068354340"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/389685405","repostId":1170801722,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":389685814,"gmtCreate":1612765963338,"gmtModify":1704873917761,"author":{"id":"3570278985054387","authorId":"3570278985054387","name":"Hashreen","avatar":"https://static.tigerbbs.com/2fdcbd3e2f557176b591e8d1c7045dbb","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3570278985054387","authorIdStr":"3570278985054387"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/389685814","repostId":1170801722,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":389612514,"gmtCreate":1612764325938,"gmtModify":1704873904225,"author":{"id":"3574818989927673","authorId":"3574818989927673","name":"ck1986","avatar":"https://static.tigerbbs.com/74c5ef4a55c8d77833c984e8673a6643","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3574818989927673","authorIdStr":"3574818989927673"},"htmlText":"Would it be small adjustment this week?","listText":"Would it be small adjustment this week?","text":"Would it be small adjustment this week?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/389612514","repostId":1170801722,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3514828,"gmtCreate":1612766004594,"gmtModify":1680776066471,"authorId":3570278985054387,"author":{"id":3570278985054387,"idStr":"3570278985054387","authorId":3570278985054387,"name":"Hashreen","avatar":"https://static.tigerbbs.com/2fdcbd3e2f557176b591e8d1c7045dbb","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":389612514,"type":1,"supId":0,"prevId":0,"content":"i tink big if u get the right ones...","text":"i tink big if u get the right ones...","html":"i tink big if u get the right 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