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S&P Futures Flat Ahead Of Earnings Deluge; Nasdaq Drops As Tesla Looms

by Tyler Durden Monday, Apr 26, 2021 - 07:57 AM S&P futures were flat, Nasdaq futures dipped ahead of FAAMG earnings while European stocks clawed their way higher on Monday and Asia rose as world markets began the week in a relatively upbeat - if quiet - mood following further signs last week that economies are recovering rapidly. There were no major moves, however, as investors refrained from taking on large positions ahead of this week s Federal Reserve meeting, US GDP print and corporate earnings barrage. At 7:30 a.m. ET, Dow e-minis were up 30 points, or 0.09%, S&P 500 e-minis were down 3.75points, or 0.08%, and Nasdaq 100 e-minis were down 48.75 points, or 0.37%.

Virus Resurgence Leaves Nikkei 225 on the Retreat From 30,000

Virus Resurgence Leaves Nikkei 225 on the Retreat From 30,000 Min Jeong Lee and Shoko Oda, Bloomberg News A pedestrian is reflected in an electronic stock board outside a securities firm in Tokyo, Japan, on Tuesday, Feb. 6, 2018. Japan’s blue-chip Nikkei 225 Stock Average entered a correction as the nation’s shares posted the biggest decline since November 2016, following U.S. peers lower amid rising concern that inflation will force interest rates higher. Photographer: Noriko Hayashi/Bloomberg , Bloomberg (Bloomberg) The euphoria of the Nikkei 225 Stock Average’s rally to a three-decade high earlier this year is fading fast. The 30,000 mark is now looking distant after the blue-chip gauge extended a two-day slump to 4% on Wednesday, taking losses since it reached a 30-year peak in February to 6%. Dreams earlier this year that Japanese equities might finally challenge their all-time highs have been put on hold.

Dreams of Nikkei record now distant as virus tamps down euphoria

Apr 22, 2021 When the 225-issue Nikkei average rallied to a three-decade high earlier this year, some saw its all-time record as finally in sight. These days, with the gauge having lost steam over the past month, those dreams are looking a little distant. Despite a 2.1% gain on Thursday, the blue-chip index still trades nearly 5% below its February high, with many seeing it remain stagnant in the same range through coming months. A sell-off through Wednesday was triggered by a number of factors. The government is set to declare another state of emergency amid a surge in COVID-19 cases, while the country lags behind other major economies in its distribution of vaccines.

Dreams of Nikkei record now distant as virus tamps down euphoria

Dreams of Nikkei record now distant as virus tamps down euphoria
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