Stocks Higher Wednesday Morning

First Look

Stocks are rising Wednesday morning. Oil is lower after a report showed an increase in oil stored in the U.S. Tomorrow is the last trading day of the first quarter, and the month of March, which could spark some big moves as portfolios rebalance. Stocks are currently on pace to post five straight months of gains. The Nasdaq is up 0.41%, the Dow Jones is up 0.38%, and the S&P is up 0.37%.

Today's Sentiment

Quote of the Day

Statistics is the grammar of science.
Karl Pearson

Stocks on the Move

International Markets

Stocks in Asia are mixed. The Nikkei 225 is up 0.9%, the Hang Seng is up 0.88%, the Australia ASX All Ordinaries is up 0.51%, the Shanghai SE Composite Index is up 0.17%, and the Mumbai Sensex (S&P BSE SENSEX) is down 0.5%. In Europe, stocks are mixed. The DAX is up 0.48%, the Euro Stox 50 is up 0.46%, the CAC 40 is up 0.31%, and the FTSE 100 is down 0.36%.

Futures & Currencies

Energy futures are mixed today. The price for West Texas Intermediate crude oil is down $0.07 at $81.25 per barrel. Brent crude is up $0.4 at $85.79 per barrel. Natural Gas is up $0.23 at $1.76. Precious metals are mixed this morning. Gold is up $8.09 at $2187.21 per ounce. Platinum is down $8.5 at $896, while silver is up $0.11 at $24.53. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, down against the Yen, and up against the Pound. Bitcoin is down 1.03% to $70,111.29, while Ethereum is down 1.66% to $3,578.66.

Put/Call Ratio

Yesterday, 3,200,156 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 3,192,349 put contracts. The single-session put/call ratio was 1.

Today's Economic Calendar

Earnings Expected Today