Premarket
- S&P 500SPY
- -0.47%
- at 758.87
- By the close-0.13%
- Nasdaq 100QQQ
- -1.17%
- at 707.94
- By the close+0.11%
- DowDIA
- n/a
- No premarket print
- Russell 2000IWM
- -0.66%
- at 288.78
- By the close-0.36%
IEX premarket price against the prior close.
Stocks slip again premarket on oil and carry trade pressure; Apple's foldable in focus
Tone
The S&P 500 fell 0.47% and the Dow 0.76% yesterday; the Russell 2000 lost 1.36%. Premarket, the S&P 500 is down 0.47% more, the Nasdaq 100 1.17%. Dow premarket prices are not in yet. The structure score of 30 is leaning bearish: the S&P 500 sits near the low of its recent range and below its short-term trend, a weak backdrop for the open. The longer trend is still up, but the near-term weakness is the bigger picture.
Headlines blamed an oil surge and the carry trade for the selling. China's commerce ministry firmly opposed US cybersecurity announcements on Chinese AI companies and warned of a resolute response if the US suppresses them. Apple drew the most company coverage. It unveiled a foldable iPhone and iPhone 18 Pro, with the foldable starting at $1,999; headlines describe the stock's reaction as muted.
Today's economic and earnings calendars are not available.
Structure
Leaning bearish30/100
Describes where SPY stands now. Not a forecast.
- SPY below its 20-day average+0
- 20-day average above the 50-day+25
- In the lower third of its 20-day range+3.69
- IEX premarket -0.5% vs prior close+0.84
News
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
Apple: The $2,000 iPhone Changes The Investment Case (opens seekingalpha.com in a new tab)
seekingalpha.com1 outletAAPL
Today
Economic releases
Calendar unavailable
Earnings
Calendar unavailable
Key levels
| Level | S&P 500SPY | Nasdaq 100QQQ | DowDIA | Russell 2000IWM |
|---|---|---|---|---|
| Prior close | 762.42 | 716.35 | 524.05 | 290.69 |
| Prior high | 764.45 | 719.63 | 525.65 | 294.14 |
| Prior low | 761.00 | 714.04 | 523.27 | 290.31 |
| 5-day high | 774.01 | 721.86 | 537.56 | 296.18 |
| 5-day low | 761.00 | 705.18 | 523.27 | 290.31 |
| IEX premarket | 758.87 | 707.94 | n/a | 288.78 |
Informational only. Not financial advice or a trade signal.