Learn the trade here. Make it on tradeMONSTER™

Trading News

September 28, 2012  Fri 12:14 AM CT

Stocks look past data, end losing streak

Evan McDaniel | 

SPX: SEE CHART GET CHAIN
Equity indexes rose sharply yesterday to snap a five-session losing streak after Spain announced a budget plan, despite mixed U.S. economic data.

The S&P 500 jumped 13.83 points, or 0.96 percent, to close at 1447.15.

The Nasdaq 100 regained the 2800 level it had lost a day earlier. The NDX finished at 2821.60, a gain of 39.97 points, or 1.44 percent.

The Russell 2000 rose 9.61 points, or 1.15 percent, to 843.54.

S&P 500
Resistance is now 1448, followed by 1450.20 (yesterday's high), 1453.26, and 1457.29.
Support is now 1443.62, followed by 1440.35, 1435.44, and 1430.53 (Wednesday's low).
Nasdaq 100
Resistance is now 2829.95, followed by 2836, 2842, and 2857.32.
Support is now 2817.36, followed by 2805.09, 2801.18, and 2795.50.
Russell 2000
Resistance is now 844, followed by 845.01, 847.38, and 850.
Support is now 842, followed by 841.90, 837.90, and 835.


Related Stories

SPX

Global selloff hits equity indexes

May 23, 2013

S&P 500 futures are down almost 1 percent, while European indexes are lower by about 2 percent. The real declines came in Asia, where Japan's Nikkei plunged 7 percent and Hong Kong shed 2.5 percent.

SPX

Stocks keep climbing before Bernanke

May 22, 2013

S&P 500 futures are up about one-tenth of a percent ahead of the Fed chairman's appearance before Congress. Most European indexes are modestly lower but have been climbing in the last hour.

SPX

Bernanke fears weigh on sentiment

May 21, 2013

Now that employment, housing, and the global economy have improved, investors are growing nervous that the central bank will become less accommodative.

SPX

Corporate earnings lead the calendar

May 21, 2013

Corporate earnings are the main item on today's agenda as retailers Home Depot, Best Buy, Saks, and TJX report quarterly results.

SPX

Equities pull back after record close

May 20, 2013

S&P 500 futures are down two-tenths of a percent. European indexes have been falling modestly since the open and remain little-changed overall. Asian markets rallied overnight, led by Hong Kong and Tokyo.

optionMONSTER News

tradeMONSTER: Proactive Investing

New to trading?

Free virtual trading with paperTRADE™ »

DRJ's Blog

Thursday, May. 23, 2013

$VIX Futures over 16 Sell-um Sonar Report

stockMONSTER optionMONSTER tradeMONSTER