First Look
Stocks are pointed higher Thursday morning after four losing days for the S&P 500. Solid earnings from Taiwan Semiconductor (TSM) may help turn tech sentiment around after the chipmaker reported strong demand. Treasury yields are slightly lower, signaling that interest-rate fears are starting to ease. Netflix (NFLX) and Blackstone Group (BX) are scheduled to report earnings today. The Nasdaq is up 0.23%, the S&P is up 0.21%, and the S&P is up 0.21%.
Today's Sentiment
NeutralQuote of the Day
Always, if you win mentally, you can win physically as well.
Haile Gebrselassie
Daily Action Trade
Stocks on the Move
Higher
Lower
Upgrades & Downgrades
Upgrades
Downgrades
International Markets
Stocks in Asia are mixed. The Shanghai SE Composite Index is up 2.14%, the Australia ASX All Ordinaries is up 0.48%, the Nikkei 225 is up 0.31%, the Hang Seng is up 0.02%, and the Mumbai Sensex (S&P BSE SENSEX) is down 0.62%. In Europe, stocks are up. The CAC 40 is up 0.34%, the Euro Stox 50 is up 0.33%, the FTSE 100 is up 0.15%, and the DAX is up 0.09%.
Futures & Currencies
Energy futures are mixed today. The price for West Texas Intermediate crude oil is down $0.72 at $82.17 per barrel. Brent crude is down $0.1 at $86.7 per barrel. Natural Gas is up $0.03 at $1.75. Precious metals are mixed this morning. Gold is up $23.74 at $2384.87 per ounce. Platinum is down $5.5 at $937.5, while silver is up $0.22 at $28.46. The dollar is mixed compared to the major currencies today. The greenback is down against the euro, up against the Yen, and down against the Pound. Bitcoin is down 1.5% to $62,090.76, while Ethereum is down 1.51% to $3,021.08.
Put/Call Ratio
Yesterday, 4,461,457 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 5,668,481 put contracts. The single-session put/call ratio was 1.27.
Today's Economic Calendar
| No. | What's Happening? | Period | Release Time |
|---|---|---|---|
| 1 | Initial Claims | 4/13 | 8:30 a.m. |
| 2 | Existing Home Sales | March | 10:00 a.m. |
| 3 |
