Index Pulse Daily

Pre-market futures turned higher Friday after Thursday's mixed close, with Nasdaq futures +210 points, S&P 500 +25, and Dow +59.

Bond yields pulled...

Nasdaq 100 gained 0.4% to 30,844 after OpenAI revenue fears, while S&P 500 rose 0.5% and Dow added 0.6%.

• Communication Services fell 0.9% as the...

OpenAI's $50B revenue figure triggered AI-sector selling yet left S&P 500 futures little changed early Friday, with the index on track for a 0.6%...

• Dow fell over 500 points (1%), S&P 500 dropped 0.5%, and Nasdaq slipped 0.6% after setting records the prior day.
• 10-year Treasury yield touched...

Equity trading volume hit just 83% of 30-day average at $126.34B, underscoring subdued activity across U.S. markets.

• Utilities led with 174% of ADV...

Is the S&P 500 nearing a fragile peak as gains hinge on a narrow AI group while optimism hits records?

• Index action: S&P 500 at 7,722.72, +12.8%...

US economic resilience stems from two factors amid this year's energy shock.

• Oil intensity has fallen sharply since the 1980s; the economy now uses...

Oil surge from Middle East tensions drives Brent to ~$108 and WTI near $98, lifting 10-year yields to 5.23-5.34% and reviving inflation...

Weak September payrolls of just 29,000 jobs slashed October Fed hike odds, driving a rate-sensitive rebound.

• Nasdaq jumped 1.2% with tech leading...

A quiet week ahead for economic releases means FOMC minutes and ISM services will take center stage for traders eyeing rate path signals.

• Monday:...

ISM manufacturing employment rose to 52.7 in September, extending its expansion streak to three consecutive months ahead of this morning’s jobs...

• 就业数据低于预期：非农就业仅增2.9万（预期8.4-9万），失业率升至4.2%
• 指数期货与盘中反应：道指期货涨超420点，纳斯达克100新高，标普涨0.90%、道指0.54%、纳指1.23%
• 降息概率下降：本月加息概率从26%降至20%，10年期国债收益率回落
• 板块亮点：芯片股领涨推动纳指，原油跌超3%进一步缓解通胀压力

S&P 500 sits near record highs yet only 43% of its stocks trade above their 200-day average, down from 75% in mid-August.

• Stock-bond correlation...

Rates reversed lower ahead of the September jobs report as Treasury boosted its 10- to 20-year buyback to $6 billion, with S&P 500 ending little...

S&P 500 slipped just 0.4% in September while 75% of its stocks declined, revealing extreme concentration.

• Tech alone advanced: XLK gained 5.08% and...

Softer August PCE at 3.4% vs 3.7% expected cut October rate-hike odds to ~37%, while core rose just 0.2%.

• Nasdaq rose 0.24% on growth-stock...

The S&P 500 ended September flat yet near all-time highs while 60% of its stocks sit more than 20% below peaks, with the 10-year Treasury at 5.3% and...

Rising global yields driven by Japan's bond market could add upward pressure on US Treasuries, with the 10-year at 5.3% and 30-year at 5.65%. The...

Major indexes closed modestly lower after a directionless session marked by repeated crosses of the flat line. The Dow fell 0.3% to 51,349.92, S&P 500...

Major indexes mask deepening fractures. The S&P 500 closed at 7,743, within 1% of its all-time high, while the Nasdaq notched back-to-back...