{"id":7071,"date":"2023-10-30T11:53:00","date_gmt":"2023-10-30T11:53:00","guid":{"rendered":"https:\/\/infundpros.com\/markets\/sp-500-futures-rise-from-five-month-low-with-fed-and-apple-results-in-view\/"},"modified":"2023-10-30T11:53:01","modified_gmt":"2023-10-30T11:53:01","slug":"sp-500-futures-rise-from-five-month-low-with-fed-and-apple-results-in-view","status":"publish","type":"post","link":"https:\/\/infundpros.com\/?p=7071","title":{"rendered":"S&#038;P 500 futures rise from five-month low with Fed and Apple results in view"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002669695\" role=\"document\">\n<p>U.S. stock futures rebound as traders eye busy week containing jobs data, central bank action and Apple earnings.<\/p>\n<h2>How are stock-index futures trading<\/h2>\n<ul class=\"articleList\">\n<li>\n      S&amp;P 500 futures<br \/>\n        ES00,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/209948968\/delayed\" class=\"positive\">+0.66%<\/bg-quote><br \/>\n       rose 28 points, or 0.6% to 4166<\/p>\n<\/li>\n<li>\n      Dow Jones Industrial Average futures<br \/>\n        YM00,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210407078\/delayed\" class=\"positive\">+0.63%<\/bg-quote><br \/>\n       added 170 points, or 0.5% to 32678<\/p>\n<\/li>\n<li>\n      Nasdaq 100 futures<br \/>\n        NQ00,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210219788\/delayed\" class=\"positive\">+0.77%<\/bg-quote><br \/>\n       advanced 120 points, or 0.8% to 14386<\/p>\n<\/li>\n<\/ul>\n<p>On Friday, the Dow Jones Industrial Average<br \/>\n        DJIA<br \/>\n       fell 367 points, or 1.12%, to 32418, the S&amp;P 500<br \/>\n        SPX<br \/>\n       declined 20 points, or 0.48%, to 4117, and the Nasdaq Composite<br \/>\n        COMP<br \/>\n       gained 47 points, or 0.38%, to 12643.<\/p>\n<div class=\"paywall\">\n<h2>What\u2019s driving markets<\/h2>\n<p>Traders early Monday were starting a week stuffed full of potential market catalysts on an upbeat note.<\/p>\n<p>Stock buyers returned after the S&amp;P 500 on Friday joined the Nasdaq Composite in correction territory having shed more than 10% from its recent high at the end of July to close at its lowest since May.<\/p>\n<p>Relief that the Israel-Hamas war had not drawn in other combatants in the region over the weekend was helping sentiment, according to analysts.<\/p>\n<p>\u201cThe conflict did not appear to have broader spillover effects in the Middle East,\u201d said Stephen Innes, managing partner at SPI Asset Management. \u201cThat sliver of \u2018good news\u2019 has seen the demand for safe-haven assets ease after Israel\u2019s military action in Gaza took a more cautious approach than initially anticipated.\u201d<\/p>\n<p>Equity benchmarks also have been hit of late partly because of some poorly-received third quarter earnings \u2014 notably from big technology firms that had led the broader marker higher for much of the year. The next tech behemoth to present its numbers will be Apple<br \/>\n        AAPL,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/202934861\/composite\" class=\"positive\">+0.80%<\/bg-quote><span>,<\/span><br \/>\n       after the market close on Thursday. <\/p>\n<p>Companies reporting results on Monday include McDonald\u2019s<br \/>\n        MCD,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/203508018\/composite\" class=\"negative\">-0.03%<\/bg-quote><span>,<\/span><br \/>\n       Western Digital<br \/>\n        WDC,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/204213617\/composite\" class=\"positive\">+1.86%<\/bg-quote><br \/>\n       and SoFi Technologies<br \/>\n        SOFI,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/222838146\/composite\" class=\"negative\">-0.43%<\/bg-quote><br \/>\n       before the opening bell on Wall Street, followed by Pinterest,<br \/>\n        PINS,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/211319641\/composite\" class=\"positive\">+1.08%<\/bg-quote><br \/>\n       Transocean<br \/>\n        RIG,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/208905612\/composite\" class=\"negative\">-2.09%<\/bg-quote><br \/>\n       and VF Corporation<br \/>\n        VFC,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/206706147\/composite\" class=\"negative\">-5.22%<\/bg-quote><br \/>\n       after the close.<\/p>\n<p>Another factor pressuring equities over the past several weeks was the lurch higher in benchmark bond yields<br \/>\n        BX:TMUBMUSD10Y<br \/>\n       to 16-year highs above 5% on concerns a robust economy will force the Federal Reserve to keep interest rates high for longer and  amid fears additional Treasury issuance will push down prices.<\/p>\n<p>Both of those issues will be addressed on Wednesday, when the Treasury will publish its quarterly refunding announcement in the morning, followed in the afternoon by the Fed\u2019s latest interest rate decision. <\/p>\n<p>Fed Chair Jay Powell is expected to leave borrowing costs unchanged at a range of 5.25% to 5.50%, so investors will be keen to hear if he gives any clues about Fed trajectory in coming months.<\/p>\n<p>The nonfarm payrolls jobs report on Friday will doubtless play an important roll in the Fed\u2019s future deliberations.<\/p>\n<p>Meanwhile, The Bank of England is also expected to stand pat on Thursday, while the Bank of Japan on Tuesday has the potential to rattle markets should it make comments on relaxing its yield curve control policy.<\/p>\n<p>Technical analysts noted that the S&amp;P 500 sits below its 200-day moving average, suggesting it is in a negative trend. But Tom Lee, head of research at Fundstrat reckons that some softer data will help constrain bond yields and support stocks.<\/p>\n<p>\u201cI think there is enough incoming data this week along with the negative positioning for stocks to finally break this doom loop. We may have to wait until month end (tax loss selling this month). And our bigger message is to not get too negative,\u201d said Lee.<\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/s-p-500-futures-rise-from-five-month-low-with-fed-and-apple-results-in-view-e16907bb?mod=markets\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. stock futures rebound as traders eye busy week containing jobs data, central bank action and Apple earnings. How are stock-index futures&#8230;<\/p>\n","protected":false},"author":1,"featured_media":7072,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":{"0":"post-7071","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>S&amp;P 500 futures rise from five-month low with Fed and Apple results in view | inFundPros<\/title>\n<meta name=\"description\" content=\"U.S. stock futures rebound as traders eye busy week containing jobs data, central bank action and Apple earnings.How are stock-index futures trading\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/infundpros.com\/?p=7071\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"S&amp;P 500 futures rise from five-month low with Fed and Apple results in view | inFundPros\" \/>\n<meta property=\"og:description\" content=\"U.S. stock futures rebound as traders eye busy week containing jobs data, central bank action and Apple earnings.How are stock-index futures trading\" \/>\n<meta property=\"og:url\" content=\"https:\/\/infundpros.com\/?p=7071\" \/>\n<meta property=\"og:site_name\" content=\"inFundPros\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-30T11:53:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-30T11:53:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/1698666780_social.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Press Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Press Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/infundpros.com\/?p=7071#article\",\"isPartOf\":{\"@id\":\"https:\/\/infundpros.com\/?p=7071\"},\"author\":{\"name\":\"Press Room\",\"@id\":\"https:\/\/infundpros.com\/#\/schema\/person\/87f7e632b195ea95c91503d9281f5eff\"},\"headline\":\"S&#038;P 500 futures rise from five-month low with Fed and Apple results in view\",\"datePublished\":\"2023-10-30T11:53:00+00:00\",\"dateModified\":\"2023-10-30T11:53:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/infundpros.com\/?p=7071\"},\"wordCount\":585,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/infundpros.com\/#organization\"},\"articleSection\":[\"Markets\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/infundpros.com\/?p=7071#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/infundpros.com\/?p=7071\",\"url\":\"https:\/\/infundpros.com\/?p=7071\",\"name\":\"S&P 500 futures rise from five-month low with Fed and Apple results in view | inFundPros\",\"isPartOf\":{\"@id\":\"https:\/\/infundpros.com\/#website\"},\"datePublished\":\"2023-10-30T11:53:00+00:00\",\"dateModified\":\"2023-10-30T11:53:01+00:00\",\"description\":\"U.S. stock futures rebound as traders eye busy week containing jobs data, central bank action and Apple earnings.How are stock-index futures trading\",\"breadcrumb\":{\"@id\":\"https:\/\/infundpros.com\/?p=7071#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/infundpros.com\/?p=7071\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/infundpros.com\/?p=7071#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/infundpros.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"S&#038;P 500 futures rise from five-month low with Fed and Apple results in view\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/infundpros.com\/#website\",\"url\":\"https:\/\/infundpros.com\/\",\"name\":\"Fintech Advance\",\"description\":\"Latest Finance and Tech News and Updates\",\"publisher\":{\"@id\":\"https:\/\/infundpros.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/infundpros.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/infundpros.com\/#organization\",\"name\":\"Fintech Advance\",\"url\":\"https:\/\/infundpros.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/infundpros.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/tech-logo.png\",\"contentUrl\":\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/tech-logo.png\",\"width\":409,\"height\":70,\"caption\":\"Fintech Advance\"},\"image\":{\"@id\":\"https:\/\/infundpros.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/infundpros.com\/#\/schema\/person\/87f7e632b195ea95c91503d9281f5eff\",\"name\":\"Press Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/infundpros.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/avatar_user_1_1697230663-96x96.png\",\"contentUrl\":\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/avatar_user_1_1697230663-96x96.png\",\"caption\":\"Press Room\"},\"sameAs\":[\"https:\/\/infundpros.com\"],\"url\":\"https:\/\/infundpros.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"S&P 500 futures rise from five-month low with Fed and Apple results in view | inFundPros","description":"U.S. stock futures rebound as traders eye busy week containing jobs data, central bank action and Apple earnings.How are stock-index futures trading","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/infundpros.com\/?p=7071","og_locale":"en_US","og_type":"article","og_title":"S&P 500 futures rise from five-month low with Fed and Apple results in view | inFundPros","og_description":"U.S. stock futures rebound as traders eye busy week containing jobs data, central bank action and Apple earnings.How are stock-index futures trading","og_url":"https:\/\/infundpros.com\/?p=7071","og_site_name":"inFundPros","article_published_time":"2023-10-30T11:53:00+00:00","article_modified_time":"2023-10-30T11:53:01+00:00","og_image":[{"width":1280,"height":640,"url":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/1698666780_social.jpeg","type":"image\/jpeg"}],"author":"Press Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Press Room","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/infundpros.com\/?p=7071#article","isPartOf":{"@id":"https:\/\/infundpros.com\/?p=7071"},"author":{"name":"Press Room","@id":"https:\/\/infundpros.com\/#\/schema\/person\/87f7e632b195ea95c91503d9281f5eff"},"headline":"S&#038;P 500 futures rise from five-month low with Fed and Apple results in view","datePublished":"2023-10-30T11:53:00+00:00","dateModified":"2023-10-30T11:53:01+00:00","mainEntityOfPage":{"@id":"https:\/\/infundpros.com\/?p=7071"},"wordCount":585,"commentCount":0,"publisher":{"@id":"https:\/\/infundpros.com\/#organization"},"articleSection":["Markets"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/infundpros.com\/?p=7071#respond"]}]},{"@type":"WebPage","@id":"https:\/\/infundpros.com\/?p=7071","url":"https:\/\/infundpros.com\/?p=7071","name":"S&P 500 futures rise from five-month low with Fed and Apple results in view | inFundPros","isPartOf":{"@id":"https:\/\/infundpros.com\/#website"},"datePublished":"2023-10-30T11:53:00+00:00","dateModified":"2023-10-30T11:53:01+00:00","description":"U.S. stock futures rebound as traders eye busy week containing jobs data, central bank action and Apple earnings.How are stock-index futures trading","breadcrumb":{"@id":"https:\/\/infundpros.com\/?p=7071#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/infundpros.com\/?p=7071"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/infundpros.com\/?p=7071#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/infundpros.com\/"},{"@type":"ListItem","position":2,"name":"S&#038;P 500 futures rise from five-month low with Fed and Apple results in view"}]},{"@type":"WebSite","@id":"https:\/\/infundpros.com\/#website","url":"https:\/\/infundpros.com\/","name":"Fintech Advance","description":"Latest Finance and Tech News and Updates","publisher":{"@id":"https:\/\/infundpros.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/infundpros.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/infundpros.com\/#organization","name":"Fintech Advance","url":"https:\/\/infundpros.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/infundpros.com\/#\/schema\/logo\/image\/","url":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/tech-logo.png","contentUrl":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/tech-logo.png","width":409,"height":70,"caption":"Fintech Advance"},"image":{"@id":"https:\/\/infundpros.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/infundpros.com\/#\/schema\/person\/87f7e632b195ea95c91503d9281f5eff","name":"Press Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/infundpros.com\/#\/schema\/person\/image\/","url":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/avatar_user_1_1697230663-96x96.png","contentUrl":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/avatar_user_1_1697230663-96x96.png","caption":"Press Room"},"sameAs":["https:\/\/infundpros.com"],"url":"https:\/\/infundpros.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/posts\/7071","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7071"}],"version-history":[{"count":1,"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/posts\/7071\/revisions"}],"predecessor-version":[{"id":7073,"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/posts\/7071\/revisions\/7073"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/media\/7072"}],"wp:attachment":[{"href":"https:\/\/infundpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7071"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}