At-a-Glance
Today’s Top Highlights
E-nano Equity Index futures are designed for precise risk management and capital efficiency on four major benchmarks: S&P 500, Nasdaq-100, Russell 2000 and Dow Jones Industrial Average. By offering around-the-clock access, these contracts allow you to scale into your positions and fine-tune your equity exposure with the flexibility that active markets demand.
Equities are continuing their patterns lower today with the S&P, Nasdaq Russell all seeing slight selling pressure led by the Nasdaq trading down by about 1% on the day. This week has a significant amount of key data being released from economic data to key earnings from NVIDIA, and today seems to be just a continuation of the current trend. The Nasdaq has been trading back and forth right around the 50-day exponential moving average, and prices today closed below that point again. This level has acted as a point of strength on the upside and the downside, so traders will be tracking this level with the key reports being released this week.
Outside of the equities, the precious metals had more of a mixed day for price action. Gold is continuing to show strength as prices rose by over 0.5% on the day while Silver fell by close to 1%. Since prices bottomed out at the end of July, Gold prices have been surging higher while the Dollar has been falling from its recent highs. The crypto market has also seen a recent move to the upside with Bitcoin futures rising by about 15,000 over the last week and Ether futures seeing a strong rise as well. The price action across these markets along with the moves in the Dollar will be key with the inflation data being released this week.
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