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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
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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
June 28, 2022 at 2:30 p.m. EDT
Yesterday was a listless trading session with US indices ending with modest losses. Defining listless - It was the smallest intraday trading range in the S&P 500 this year (38pt range). Well that was short lived and markets are back to their old ways with today’s range already >2.5X that. Like yesterday futures had pointed to a higher open as there were signs that China was taking further steps to get the economy back on track. This had commodities and yields moving higher overnight. Once again it felt like markets seemed to be ignoring those moves despite the fact that these two factors were two of the primary drivers of last week’s rally.
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