Some traders may be showing caution ahead of next week's G-20 meeting
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| | 6/21/2019 | |
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S&P Futures Dip Day After Record High | By Josh Selway | | The S&P 500 Index (SPX) could be due to pull back today following a run to fresh highs on Thursday. Futures on the Dow Jones Industrial Average (DJI) and Nasdaq-100 Index (NDX) are below fair value, too, with some traders potentially already turning their focus to next week's big G-20 meeting, where President Donald Trump is expected to meet with Chinese President Xi Jinping. Meanwhile, oil prices are on the rise again, as U.S.-Iran tensions remain elevated and headlines surface about an explosion at a gasoline refinery in Philadelphia. At last check, August-dated crude futures were trading up 0.7% at $57.48 per barrel. Continue reading for more on today's market, including: | >> Continue reading... | |
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