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Quotes delayed 15 minutes
The NYSE is the world’s largest stock exchange, offering icons and entrepreneurs the opportunity to raise capital and change the world. Our listed companies form a powerful community committed to good governance and societal impact. Industry-leading trading technology, combined with the guidance of experienced traders creates higher market quality for NYSE-market participants
Today's market
Michael Reinking, CFA
Sr. Market Strategist
May 16, 2022 at 9:15 a.m. EDT
Yesterday, US equities spent the session consolidating Friday’s gains and are seeing some upside follow through this morning. S&P futures are back near the overnight high trading about 1.6% above fair-value. If we open at this level (~4,070) this would put the index right at the lows from the first week in May and just below the gap down from last Monday (~4,080). That gap is filled ~4,125. The primary driver of the strength is coming from China headlines which suggest that both the Shanghai lockdowns and regulatory crackdowns could ease.
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