Skip to main content

Market Overview

What's Moving The Market Thursday?

Share:
What's Moving The Market Thursday?

Top News

  • The U.S. Initial Jobless Claims increased from 712,000 in the previous week to 770,000 in the current week.
  • The U.S. Philadelphia Fed Manufacturing Index increased from 23.1 in February to 51.8 in March.
  • Bond yields spiked as the Federal Reserve Chairman, Jerome Powell, said Wednesday he sees no need to change rates and will continue with the current asset purchase program, $80 billion in treasuries and $40 billion in mortgage-based securities per month.
  • U.S. democrats seeked a progressive tax on financial transactions, no details disclosed.
  • The U.S. prepared an announcement of a deal to distribute vaccines to Canada and Mexico, expected to be formally announced in coming days.
  • The European Medicines Agency concluded the benefits outweigh the risks of the AstraZeneca (NASDAQ: AZN) COVID-19 vaccine. 
  • Walt Disney (NYSE: DIS) and Amazon (NASDAQ: AMZN) signed agreement with the National Football League, for future broadcasts, in a deal valued at over $100 billion.
  • Nike (NYSE: NKE) reported mixed Q3 results, and announced they will resume their share buyback plan in Q4 2021.

Indices Around The Globe

  • S&P 500 Futures traded down to 3,900, before bouncing higher. Down 1.22% for the session
  • UK's FTSE 100 up 0.25% to near 6,779.
  • Japan's Nikkei 225 up 1.01% to near 30,216.

Bonds

  • 10-year treasury yield at 1.71%

Commodities

  • Crude oil down 7.74% to near $59.63/barrel.
  • Gold up 0.35% to near $1,733/oz.
  • Silver up 0.08% to near $26.08/oz.

Crypto

  • Bitcoin down 1.60% over the last 24 hours to near $57,366.

Preview For Friday, March 19

  • Baker Hughes Rig Count - 1 p.m. EDT.
  • Ireland's decision on the AstraZeneca COVID-19 vaccine - time unknown.
 

Related Articles (SPY + DJIA)

View Comments and Join the Discussion!

Posted-In: News Futures Commodities After-Hours Center Markets

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com