U.S. stock futures inch higher
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Investor's Business Daily on MSNDow Jones Futures: Circle, Growth Plays Lag Solid Market; Tesla, Google, GE Vernova Earnings DueThe stock market was strong Tuesday outside growth. SAP led earnings movers late. Tesla, Google and GE Vernova are due Wednesday.
The moves come after Wall Street saw a winning session, with the S&P 500 posting fresh intraday and closing records.
Petroleum futures were lower midday Tuesday with diesel down sharply.
From the technical point of view, SP500 settled above the resistance at 6280 – 6290 and is heading towards the 6350 level. A move above this level will open the way to the test of the 6400 level. RSI remains in the moderate territory, so there is plenty of room to gain momentum in the near term.
Stocks were taken on a wild ride Wednesday as a White House official indicated to CNBC that Trump was moving closer to firing Powell from his post as Fed Chair.
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U.S. stock futures were little changed Sunday night as investors tracked the latest developments on trade, and awaited the start of big tech earnings this week. Dow Jones Industrial Average futures fell by 18 points, or 0.04%. S&P 500 futures gained 0.02%, while Nasdaq 100 futures traded flat.
Dow Futures dip as investors brace for key earnings, Fed signals, and global trade tensions ahead of Tuesday’s open.