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November 19th, Futures.com analysts latest view: Brent crude oil futures prices fell slightly, with the short-term pattern dominated by a bearish trend, and prices moving along the support line of this trend. The Relative Strength Index (RSI) showed a negative signal after reaching overbought territory, and prices have broken below their 50-day exponential moving average support, which increases the likelihood of further declines in oil prices in the near term.November 19th, Futures.com analysts latest view: Spot gold retreated slightly, mainly due to negative pressure from its price trading below the EMA50 moving average. After the previous rally, spot gold entered a natural profit-taking phase. Meanwhile, the Relative Strength Index (RSI) indicates that spot gold is attempting to digest some of its clearly overbought conditions, especially after the emergence of additional negative signals.November 19th, Futures.com analysts latest view: WTI crude oil futures prices have slightly retreated, which appears to be profit-taking after the previous price increase. Prices pulled back after touching the key resistance level of $60.25, which also coincides with the upper edge of the short-term consolidation range.According to Russian media reports, debris from the downed Ukrainian missile landed on civilian facilities in Voronezh, Russia.The Russian Ministry of Defense stated that Ukraine used four ATACMS tactical ballistic missiles in its attack on Voronezh, but all of them were shot down.

The Dow Futures Declined After The Best Week Since 1976

Haiden Holmes

Oct 31, 2022 14:37

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U.S. stock futures were trading inside a tight range on Sunday evening after key benchmark averages surged throughout the preceding week, with the Dow scoring its best week in decades as investors continued to monitor a multiplicity of company quarterly releases.


Dow Futures, S&P 500 Futures, and NASDAQ Futures were each down 0.1% at 7:05 p.m. ET (23:05 GMT) on Tuesday.


In the forthcoming week, market participants will concentrate on the Federal Reserve's interest rate decision and policy statement, anticipating another 75 basis point increase. In addition, investors will closely examine Manufacturing and Services PMIs, JOLTs Job Openings, and ADP Nonfarm Employment Change data.


On the earnings front, major corporations like Berkshire Hathaway (NYSE:BRKa), Advanced Micro Devices (NASDAQ:AMD), UBER, PayPal (NASDAQ:PYPL), and ExxonMobil are slated to report data (NYSE:XOM).


During Friday's session, the Dow Jones Industrial Average jumped 828.5 points, or 2.6%, to 32,861.8, while the S&P 500 rose 93.8 points, or 2.5%, to 3,901.1 and the NASDAQ Composite soared 309.8 points, or 2.9%, to 11,862.5. The Dow surged 5.3% for the week, while the S&P500 and NASDAQ also gained 3.7% and 2.2%, respectively.


The yield on 10-year United States Treasuries was 4.016% on the bond markets.