Saturday, 19 October 2024

Weekend update - US equity indexes

It was a bullish week for US equity indexes, with net weekly gains ranging from +2.0% (R2K), +1.0% (Dow), +0.9% (NYSE comp', Trans), to +0.8% (SPX, Nasdaq comp').

Lets take our regular look at six of the main US indexes (weekly candle charts)

sp'500

Nasdaq comp'

Dow

R2K

NYSE comp'

Trans

Summary

Six US equity indexes settled net higher for the week.

The R2K lead the way up, whilst the SPX and Nasdaq lagged.

The SPX, Dow, and NYSE comp' broke new historic highs.

Looking ahead

Earnings:

M - $DX $HBT $SAP $NUE $WRB $BOKF $LOGI $ZION $AGNC $WASH $TFB $RLI

T - $VZ $GM $MMM $RTX $LMT $GE $FCX $DGX $PM $SHW $ENPH $BDN $STX $BKR $VLRS $TXN $CNI $ENVA $NBR $PFSI

W - $BA $T $KO $VRT $NEE $GEV $TMO $CME $BSX $GD $TSLA $LRCX $IBM $CLS $NEM $NOW $QS $VKTX $TMUS $LVS 

T - $AAL $UPS $LUV $NDAQ $LKQ $CARR $TSCO $UNP $OSIS $TPH $DXCM $DECK $WDC $SKX $EW $BYD $COUR $TXRH $APPF $KNSL

F - $NYCB $CL $PIPR $WT $SAIA $POR $NWL $CNC $BAH $AON

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Econ-data/events

M - leading indicators

T -

W - Existing home sales, EIA Pet', Fed Beige book (2pm)

T - Weekly jobs, PMI serv', PMI manu', new home sales

F - Durable goods orders, consumer sent'

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Have a good weekend
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