Premarket
- S&P 500SPY
- -0.19%
- at 768.73
- By the close-0.35%
- Nasdaq 100QQQ
- +0.00%
- at 719.10
- By the close-0.09%
- DowDIA
- n/a
- No premarket print
- Russell 2000IWM
- n/a
- No premarket print
IEX premarket price against the prior close.
S&P 500 slips premarket after a down close, trend still leaning bullish
Tone
The S&P 500 closed down 0.38 percent and the Dow lost 0.52 percent, while the Nasdaq 100 gained 0.2 percent and the Russell 2000 added 0.26 percent. The S&P 500 is 0.19 percent lower premarket. Nasdaq 100 premarket prices are flat, and premarket prices for the Dow and Russell 2000 are not in yet. The structure score for the S&P 500 is 71, labeled leaning bullish. The trend is still up, but the index sits mid-range after a down close, so the bigger picture favors buyers while the short term is softer.
Market coverage centers on a Yardeni note that the S&P 500 has hit a 30-year valuation paradox, and revised June jobs data showing layoffs up 19,000 and hires down 16,000, a labor market warning. Among companies, an Amazon Prime Air cargo plane crashed in Miami, killing at least five, and the NTSB is giving updates. Amazon valuation coverage is also drawing attention.
Today's economic and earnings calendar is unavailable, so check the page for updates before the open.
Structure
Leaning bullish71/100
Describes where SPY stands now. Not a forecast.
- SPY above its 20-day average+25
- 20-day average above the 50-day+25
- In the middle third of its 20-day range+13.44
- IEX premarket -0.2% vs prior close+7.79
News
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The S&P 500 Just Hit a 30-Year Valuation Paradox, Yardeni Says (opens benzinga.com in a new tab)
Marketbenzinga.com1 outlet
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Marketbenzinga.com1 outlet
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Today
Economic releases
Calendar unavailable
Earnings
Calendar unavailable
Key levels
| Level | S&P 500SPY | Nasdaq 100QQQ | DowDIA | Russell 2000IWM |
|---|---|---|---|---|
| Prior close | 770.18 | 719.10 | 534.04 | 295.94 |
| Prior high | 772.85 | 721.84 | 536.33 | 296.18 |
| Prior low | 769.00 | 716.61 | 533.03 | 293.58 |
| 5-day high | 774.01 | 721.84 | 537.56 | 296.18 |
| 5-day low | 759.49 | 704.68 | 526.93 | 289.99 |
| IEX premarket | 768.73 | 719.10 | n/a | n/a |
Informational only. Not financial advice or a trade signal.