A look at the day ahead in U.S. and global markets from Mike Dolan
The S&P500 stock benchmark plunged into the red for the year this week as an Nvidia-led selloff, economic slowdown fears and re-ignited trade war fears jarred while the dollar surged anew.
Following Big Tech megacaps and small cap indexes into negative territory for 2025, the S&P500 plunged 1.5% on Thursday as U.S. jobless claims saw their biggest weekly jump in five months and President Donald Trump warned more tariff rises are coming as soon as next week.
A look at the day ahead in U.S. and global markets from Mike Dolan
Rancorous geopolitics continues to grab most headlines again this week, but it’s creeping anxiety about a slowing U.S. economy that’s unnerving investors most about Wall Street stocks.
Wary of Wednesday’s results from megacap chip giant Nvidia (NASDAQ:NVDA), the S&P500 lost its 6,000 handle for the first time in three weeks on Monday and both the tech-heavy Nasdaq and small cap Russell 2000 are now negative for the year to date. Morning Bid: S&P500 loses 6,000 handle amid U.S. slowdown fears
headed into the election, Option Profile players continue to place bets on the Long side of Euro futures, and the Short side of Yen futures and SP500 futures  :gtwo3
not for the faint of heart, but … Option Profile remains SHORT NQ and SP500 futures despite recent marginal new highs; buying this TOP is not recommended
