{"id":279731,"date":"2021-06-21T14:43:00","date_gmt":"2021-06-21T11:43:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/dow-futures-rise-signaling-bounce-after-worst-week-since-october\/"},"modified":"2021-06-21T14:43:00","modified_gmt":"2021-06-21T11:43:00","slug":"dow-futures-rise-signaling-bounce-after-worst-week-since-october","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/dow-futures-rise-signaling-bounce-after-worst-week-since-october\/","title":{"rendered":"#\n  Dow futures rise, signaling bounce after worst week since October"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a4143edaccc0\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a4143edaccc0\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/dow-futures-rise-signaling-bounce-after-worst-week-since-october\/#What_are_major_benchmarks_doing\" >What are major benchmarks doing?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/dow-futures-rise-signaling-bounce-after-worst-week-since-october\/#Whats_driving_the_market\" >What\u2019s driving the market?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/dow-futures-rise-signaling-bounce-after-worst-week-since-october\/#Which_companies_are_in_focus\" >Which companies are in focus?<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/dow-futures-rise-signaling-bounce-after-worst-week-since-october\/#William_Watts\" >William Watts<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#<br \/>\n  Dow futures rise, signaling bounce after worst week since October<br \/>\n<\/strong>&#8221;<\/p>\n<h2 class=\"article__subhead\" itemprop=\"alternativeHeadline\">\n<\/h2>\n<p><\/p>\n<div class=\"column column--full article__content\">\n<div class=\"article__side\">\n<div class=\"container--sticky not-active\">\n<div id=\"cx-next\">\n              <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div id=\"js-article__body\" class=\"article__body article-wrap at16-col16 barrons-article-wrap\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0000311353\">\n<div class=\"barrons-article-ad-wrapper\">\n<div data-track=\"barrons-article-ad-wrap\" class=\"barrons-article-ad sticky_item\">\n<div class=\"barrons-main-article-ad-target sticky_target body_ad\" aria-hidden=\"true\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>       Stock-index futures rose Monday, pointing to a bounce after the Federal Reserve\u2019s signal last week that it may raise rates sooner than investors previously expected saw the Dow Jones Industrial Average log its biggest weekly decline in more than seven months.<\/p>\n<h6><span class=\"ez-toc-section\" id=\"What_are_major_benchmarks_doing\"><\/span>What are major benchmarks doing?<span class=\"ez-toc-section-end\"><\/span><\/h6>\n<ul class=\"articleList\">\n<li>\n      Futures on the Dow Jones Industrial Average<br \/>\n        YM00,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210407078\/delayed\" class=\"positive\">+0.51%<\/bg-quote><br \/>\n       rose 149 points, or 0.5%, to 33,304.<\/p>\n<\/li>\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\">+0.38%<\/bg-quote><br \/>\n       were up 13.50 points, or 0.3%, at 4,167.<\/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\">+0.32%<\/bg-quote><br \/>\n       gained 44.75 points, or 0.3%, to trade at 14,079.75.<\/p>\n<\/li>\n<\/ul>\n<p>On Friday, the Dow<br \/>\n        DJIA,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210598065\/realtime\" class=\"negative\">-1.58%<\/bg-quote><br \/>\n       tumbled more than 500 points, leaving the blue-chip index with its biggest weekly fall, a drop of 3.5%, since October. The S&amp;P 500<br \/>\n        SPX,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210599714\/realtime\" class=\"negative\">-1.31%<\/bg-quote><br \/>\n       suffered a weekly tumble of 1.9%, while the Nasdaq Composite<br \/>\n        COMP,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210598365\/realtime\" class=\"negative\">-0.92%<\/bg-quote><br \/>\n       gave up just 0.3%.<\/p>\n<div class=\"paywall\">\n<h6><span class=\"ez-toc-section\" id=\"Whats_driving_the_market\"><\/span>What\u2019s driving the market?<span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p> Last week\u2019s Federal Reserve meeting unsettled markets, leading to a flattening of the yield curve as short- and medium-dated yields rose sharply and long-term yields fell, while the dollar soared and equities ultimately slid, though growth-oriented shares outperformed.<\/p>\n<p><strong>The Tell:<\/strong> Markets are sending \u2018peculiar\u2019 signals as Fed changes tune \u2014 here\u2019s what they mean<\/p>\n<p>\u201cGiven these extreme moves, one of the most important things this week will likely be Fed speakers responding to the meeting and subsequent market reaction,\u201d said Jim Reid, macro strategist at Deutsche Bank, in a note. <\/p>\n<p>\u201cMake no mistake the market reaction was fairly extreme to what at the end of the day is a Fed that themselves suggest they are still around 2-1\/4 years away from raising rates,\u201d he said.<\/p>\n<p>Stocks extended their slide Friday, with weakness attributed in part to remarks by St. Louis Fed President James Bullard, who said he thought the Fed should lift its benchmark interest rate as early as next year. Bullard isn\u2019t a voting member of the rate-setting Federal Open Market Committee this year but will be in 2022.<\/p>\n<p><strong>Read:<\/strong> Investors growing more fearful of a Fed mistake<\/p>\n<p>Investors will hear from several Fed officials this week, with Chairman Jerome Powell set to testify Tuesday before the House select subcommittee on the coronavirus.<\/p>\n<p>On Monday, Bullard, Dallas Fed President Rob Kaplan and Philadelphia Fed President Patrick Harker will be speaking at a forum that begins at 9:30 a.m. Eastern.<\/p>\n<div id=\"cx-membership-tile\"><\/div>\n<p>New York Fed President John Williams is scheduled to deliver keynote remarks at a banking conference at 3 p.m.<\/p>\n<p>\u201cWe will be eager to see whether Williams is as hawkish as Bullard on interest rates, and how soon does he anticipate the committee to start scaling back its bond purchases,\u201d said Charalambos Pissouros, senior market analyst at JFD Group, in a note.<\/p>\n<p><strong>See:<\/strong> Buybacks may prop stock market rattled after Fed meeting<\/p>\n<h6><span class=\"ez-toc-section\" id=\"Which_companies_are_in_focus\"><\/span>Which companies are in focus?<span class=\"ez-toc-section-end\"><\/span><\/h6>\n<ul class=\"articleList\">\n<li>\n      <strong>American Airlines\u00a0Group Inc.<\/strong> AAL, which had boosted flying to meet soaring <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/trip-and-travel\/\" data-internallinksmanager029f6b8e52c=\"10\" title=\"Trip &amp; Travel\" target=\"_blank\" rel=\"noopener\">travel<\/a> demand, is trimming some flights to alleviate potential strains on its operations. The number of flights being culled is relatively small, amounting to about 1% of planned flying in the first half of July, the company said. Shares were up 0.6% in premarket trade.<\/p>\n<\/li>\n<li>\n      <strong>Vivendi SE<\/strong> on Sunday reached an agreement for a 10% investment in Universal Music Group by Bill Ackman\u2019s<strong> Pershing Square Tontine Holdings<\/strong>\u00a0<br \/>\n        PSTH,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/219769662\/composite\" class=\"negative\">-0.18%<\/bg-quote><span>,<\/span><br \/>\n      \u00a0valuing the world\u2019s largest music company at about $40 billion. Vivendi shares were up 0.2% in Paris, while PSTH shares rose 1.1% in premarket action.<\/p>\n<\/li>\n<li>\n      <strong>LegalZoom.com Inc.<\/strong> set terms for its initial public offering, as the California-based online legal and compliances services company takes another shot at going public with a valuation of up to $5.2 billion. The company is looking to raise up to $516.3 million by offering 19.12 million shares in the IPO, which is expected to price between $24 and $27 a share, with the stock expected to list on the Nasdaq under the ticker symbol \u201cLZ.\u201d\u00a0<\/p>\n<\/li>\n<\/ul>\n<\/div>\n<\/div><\/div>\n<p><\/p>\n<div class=\"byline article__byline\">\n<p>      <span>By<\/span><\/p>\n<div class=\"author  hasMenu\" data-scrim='{\"type\":\"author\",\"header\":\"William Watts\",\"subhead\":\"The Wall Street Journal\",\"list\":[]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><span class=\"ez-toc-section\" id=\"William_Watts\"><\/span>William Watts<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/p><\/div>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"http:\/\/www.marketwatch.com\/news\/story.asp?guid=%7B20C05575-04D4-B545-74C0-396E16706927%7D&#038;siteid=rss&#038;rss=1\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Dow futures rise, signaling bounce after worst week since October &#8221; Stock-index futures rose Monday, pointing to a bounce after the Federal Reserve\u2019s signal last week that it may raise rates sooner than investors previously expected saw the Dow Jones Industrial Average log its biggest weekly decline in more than seven months. What are&#8230;<\/p>\n","protected":false},"author":1,"featured_media":258414,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[],"class_list":["post-279731","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/279731","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=279731"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/279731\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/258414"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=279731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=279731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=279731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}