Stock futures are pointed lower Wednesday morning, as the dollar is back on the rise. The Dow Jones is down -0.01%, the Nasdaq is down -0.02%, the S&P 500 is down -0.11%.
Today's market outlook is Neutral
Appreciation is a wonderful thing: It makes what is excellent in others belong to us as well.
Already a member?
Login to see your daily Morning Action trade idea.
Daily Action Trades for January 11, 2017
Receive a Morning Action trade idea every market day right here in the Morning Update, plus on Saturdays in our Stocks to Watch newsletter.
Stocks on the Move
Stryker Corporation (SYK), Gilead Sciences, Inc. (GILD) and Macy's Inc (M) are moving higher this morning, while Zions Bancorp (ZION), Illumina, Inc. (ILMN) and Regions Financial Corp (RF) are headed lower. while AMAG Pharmaceuticals, Inc. (AMAG), Allegiant Travel Company (ALGT) and Scotts Miracle-Gro Co (SMG) were downgraded.
Stocks in Asia are mixed. The Mumbai Sensex is up 0.9%, the Hang Seng is up 0.84%, the Nikkei 225 is up 0.33% the Australia ASX All Ordinaries is up 0.18% and the Shanghai SE Composite Index is down -0.79%.In Europe stocks are up. The DAX is up 0.25%, the FTSE 100 is up 0.18%, the Euronext 100 is up 0.03% and the CAC 40 is up 0.01%.
Futures and Currencies
Energy futures are mixed today. The price for West Texas Intermediate crude oil is up 0.27 at 51.09 per barrel. Brent crude is up 0.4 at 54.04 per barrel. Natural Gas is down -0.01 at 3.28. Precious metals are down this morning. Gold is down -0.33 at 1167.55 per ounce. Platinum is down -4.69 at 974.36 while silver is down -0.06 at 16.79. The dollar is up compared to the major currencies today. The greenback is up against the euro, up against the Yen and up against the Pound.
Yesterday, 674,531 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 416,135 put contracts. The single-session put/call was 0.62 while the 20-day moving average is now at 0.64.
Day's Range:$242.64 - $243.53
52-week Range:$245.01 - $198.65
Day's Range:$213.66 - $214.29
52-week Range:$215.07 - $170.37
Day's Range:$140.34 - $141.22
52-week Range:$143.90 - $101.75
Today's Economic Calendar
|What's Happening||Period||Release Time|
|MBA Mortgage Applications Index||01/06||07:00|