Premarket
- S&P 500SPY
- +0.85%
- at 770.63
- Nasdaq 100QQQ
- +0.63%
- at 746.66
- DowDIA
- n/a
- No premarket print
- Russell 2000IWM
- +0.63%
- at 280.81
IEX premarket price against the prior close.
Stocks point higher premarket ahead of the September jobs report.
Tone
The S&P 500 closed up 0.23% and the Nasdaq 100 up 0.34%, with the Dow flat. Premarket, the S&P 500 adds 0.85% and the Nasdaq 100 0.63%; Dow premarket prices are not in yet. Its structure score is 64, leaning bullish: the medium trend is up and the premarket gap helps, but the index sits just under its short-term average, so the signal is moderate.
Treasury yields retreating helped the S&P 500 edge higher, though the Fear & Greed index still reads fear. Europe is weighing a release of diesel stocks after US pressure. Nike dominates the company news: shares fell 10% after a weak revenue outlook, layoff plans are underway, and several banks cut price targets. Raymond James also sees a broad pullback in retail stocks.
The September jobs report is out at 8:30 a.m. Eastern. Three small companies report earnings: Celularity, Enlivex and Lunai Bioworks.
Structure
Leaning bullish64/100
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 middle third of its 20-day range+14.17
- IEX premarket +0.8% vs prior close+25
News
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Today
Economic releases
- 08:30 ETEmployment SituationBLS schedule (opens in a new tab)
Key levels
| Level | S&P 500SPY | Nasdaq 100QQQ | DowDIA | Russell 2000IWM |
|---|---|---|---|---|
| Prior close | 764.10 | 742.02 | 508.50 | 279.05 |
| Prior high | 765.63 | 744.65 | 510.93 | 280.57 |
| Prior low | 758.82 | 736.25 | 504.92 | 275.51 |
| 5-day high | 772.26 | 745.84 | 517.89 | 283.49 |
| 5-day low | 758.82 | 731.65 | 504.92 | 275.51 |
| IEX premarket | 770.63 | 746.66 | n/a | 280.81 |
Informational only. Not financial advice or a trade signal.