First Look
Stocks are pointed higher Thursday after comments from Federal Reserve Chair Jerome Powell, delivered yesterday, reassured investors that a few higher-than-expected inflation readings recently have not changed central bankers' belief that it will likely be appropriate to begin lowering interest rates at some point this year. The Nasdaq is up 0.42%, the S&P is up 0.31%, and the Dow Jones is up 0.25%.
Today's Sentiment
NeutralQuote of the Day
Men need knowledge in order to overpower their passions and master their prejudices.
Dorthea Dix
Daily Action Trade
Stocks on the Move
Higher
Lower
Upgrades & Downgrades
Upgrades
Downgrades
Losers
International Markets
Stocks in Asia are mixed. The Nikkei 225 is up 0.81%, the Australia ASX All Ordinaries is up 0.45%, the Mumbai Sensex (S&P BSE SENSEX) is down 0.04%, the Shanghai SE Composite Index is down 0.08%, and the Hang Seng is down 1.22%. In Europe, stocks are mixed. The FTSE 100 is up 0.48%, the DAX is up 0.18%, the Euro Stox 50 is up 0.03%, and the CAC 40 is down 0.07%.
Futures & Currencies
Energy futures are mixed today. The price for West Texas Intermediate crude oil is down $0.23 at $85.4 per barrel. Brent crude is up $1.5 at $89.33 per barrel. Natural Gas is down $0.01 at $1.83. Precious metals are mixed this morning. Gold is down $6.09 at $2293.53 per ounce. Platinum is up $9 at $944.5, while silver is down $0.23 at $27.01. 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 up 1% to $66,368.25, while Ethereum is up 0.6% to $3,344.88.
Put/Call Ratio
Yesterday, 3,462,217 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 3,675,182 put contracts. The single-session put/call ratio was 1.06.
Today's Economic Calendar
| No. | What's Happening? | Period | Release Time |
|---|---|---|---|
| 1 | Initial Claims | 3/30 | 8:30 a.m. |
| 2 | |||
| 3 |
