XS
SM
MD
LG
XL dev

Morning Futures Briefing
with Stephanie Lewicky

U.S Equity Futures Jump as Stimulus Deadline Nears; Ireland Heads into Lockdown

Equity markets came out swinging to start the week, with all four major index futures up at least 0.5% in early morning trading. But traders likely will be eyeing the fate of the contentious COVID-19 stimulus bill for further clues to market direction. Speaker of the House Nancy Pelosi set a 48-hour deadline for any potential deal to be passed before the election, so look out for market-moving news on this front. This news comes as the virus mounts a resurgence heading into winter with worldwide confirmed cases surpassing 40 million.

In other areas of the market, Federal Reserve Chairman Jerome Powell will speak at an IMF event this morning, while earnings season is also coming back into focus this week as companies continue to grapple with the new pandemic environment. Watch for results from Tesla, Netflix, Intel, AT&T, Coca-Cola, American Express, Procter & Gamble, Texas Instruments, Lockheed Martin, and many more. Looking at commodities, crude oil prices is down about 0.3% this morning after weaker-than-expected 3Q growth from China that could suggest the rise in coronavirus cases is hurting demand. Gold is back above the much-watched 1900 level as the U.S. Dollar softens, and natural gas has sunk almost 3%. 

/ES Overnight Chart
/ES 5 DAY 15 MINUTE CHART. Chart source: The thinkorswim® platform from TD AmeritradeFor illustrative purposes only. Past performance does not guarantee future results.

Global Economic Calendar

*All times are in EST (GMT -5:00)

10:00 AM -  U.S. NAHB Housing Market Index

10:30 AM -  CA BoC Business Outlook Survey

11:30 AM -  U.S. 3-Month Bill Auction

11:30 AM -  U.S. 6-Month Bill Auction

1:00 PM -  U.S. 10-Year TIPS Auction

2:00 PM -  U.S. Federal Budget Balance

Knowledge: One of your most valuable assets

Call Us
800-454-9272

Content intended for educational/informational purposes only. Not investment advice, or a recommendation of any security, strategy, or account type.

Be sure to understand all risks involved with each strategy, including commission costs, before attempting to place any trade. Clients must consider all relevant risk factors, including their own personal financial situations, before trading.

Futures and futures options trading involves substantial risk, and is not suitable for all investors. Please read the Risk Disclosure for Futures and Options prior to trading futures products. 

Futures accounts are not protected by the Securities Investor Protection Corporation (SIPC).

Futures and futures options trading services provided by TD Ameritrade Futures & Forex LLC. Trading privileges subject to review and approval. Not all clients will qualify.

adChoicesAdChoices

Market volatility, volume, and system availability may delay account access and trade executions.

Past performance of a security or strategy does not guarantee future results or success.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Options trading subject to TD Ameritrade review and approval. Please read Characteristics and Risks of Standardized Options before investing in options.

Supporting documentation for any claims, comparisons, statistics, or other technical data will be supplied upon request.

This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Hong Kong, Japan, Saudi Arabia, Singapore, UK, and the countries of the European Union.

TD Ameritrade, Inc., member FINRA/SIPC, and a subsidiary of TD Ameritrade Holding Corporation. TD Ameritrade Holding Corporation is a wholly owned subsidiary of the Charles Schwab Corporation. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank. © 2020 Charles Schwab & Co., Inc. Member SIPC.

Scroll to Top