At the New York Stock Exchange we strive to preserve integrity, drive innovation and promote greater understanding of our markets.
Michael Reinking, CFA
Sr. Market Strategist
After a pause on Friday the grind higher continues. . It is going to be a busy week with about a third of companies in the S&P 500 expected to announce earnings, multiple central bank policy decisions, an update on inflation and a potential framework for the spending package out of Washington. Democrats seemed to have moved ever so slightly closer to a spending bill framework over the weekend but they have been saying that for some time now. Markets opened marginally higher and have continued to tick up throughout the session. As we head to print the S&P 500 is up 22tps to 4,566 (+0.5%), the Dow is up 70pts to 35745 (+0.2%) while the Russell 2k is up 20pts to 2,311 (+0.9%). Strength is broad based with 10 of 11 in the S&P 500 trading higher. Financials are underperforming as rates are pulling back modestly. Energy and materials led early as ICE Brent made a new high trading above $86 before pulling back. Natural gas on the other hand is surging again up 11% today with colder weather forecasts being cited for the strength.
Private investment in public equity (PIPE) is the buying of shares of publicly traded stock at a price below the current market value (CMV) per share.
As the world’s largest stock market where an average 2.4 billion shares exchange hands each day, the NYSE is also powered by a cutting-edge, dynamic technology infrastructure that is unrivaled in the financial markets. Learn more about our innovative trading technology and what it can do for your business.
We believe in the value of educating, informing and providing insights to all market participants. Whether you’re an institutional user of our technology, an experienced trader or a retail investor starting out, the New York Stock Exchange provides expertise to connect you to opportunity.
"Contagion. It’s a word which triggers fear in our daily lives and financial markets" says Lynn Martin, President of ICE Fixed Income and Data Services." While Chinese high yield bond valuations are in a sharp downturn, our data also indicates a stark divergence compared to high yield bond valuations for the rest of the world. For now, this may soothe worries around contagion risk to U.S. investors’ credit portfolios.
NYSE Senior Market Strategist Michael Reinking recaps the week and looks ahead to key catalysts driving the market in the coming days.
Kevin Tyrrell, Head of NYSE Research, interviews NYSE Sr. Market Strategist Michael Reinking about the upcoming earnings season, focusing on cost and margin questions and expected market reaction.
NYSE Research explored size opportunities in the Closing Auction, assessing the market impact of large orders entering the auction.
Our quarterly options market update looks at rising skew and other macro forces impacting options activity.
Discover a new report from ICE Insights recapping three ICE webinars hosted earlier this year across EMEA, APAC, and the Americas which discuss fixed income electronification trends in each region.
Investopedia discusses how ProShares, a provider of specialized exchange-traded products, filed an application to begin trading of the Bitcoin Strategy Fund on October 29th, 2021. Douglas Yones, Head of Exchange Traded Products, spoke about the momentous occasion but suggested that more progress remains to be made on crytpo investment products. "This is an exciting step but not the last," he told The New York Times.
Katie Koch, Goldman Sachs’ Co-Head of Fundamental Equity, has launched two ETFs with her team to help identify the winners in the climate transition and the newest tech companies that are reshaping our world.
The record of 407 IPO launches in 2020 has been shattered this year with 796 public listings so far. John Tuttle, Vice Chairman and Chief Commercial Officer, joined Cheddar to discuss the state of the IPO market and why so many businesses are going public.
Exchange Traded Products
Exchange-traded products are one of the fastest growing investment products in the world, combining the simplicity of stocks with the diversified risk of mutual funds.Learn more
Through a dual options market structure, traders and brokers have choice and flexibility that comes from a mixture of electronic trading and open outcry interaction.View now
Our new integrated trading technology platform that will enable member firms to connect to all of our equities and options markets using a single specification.Learn more
Securities and Exchange Commission Updates
Latest press releases and announcements from the U.S. Securities and Exchange Commission.View now