Notice: To view this week's big picture outlook, click here. What Happened: After Tuesday's end-of-day spike liquidation, U.S. stock index futures were further sold, during Wednesday's sessions. What Does It Mean: Broad market indices are mixed. On a relative basis, the Nasdaq-100 is weaker, while the S&P 500 and Russell 2000 are stronger. This push-pull dynamic is making it hard for participants to resolve directionally, evidenced by recent volatility.
Market Commentary For 3/4/2021
Market Commentary For 3/4/2021
Market Commentary For 3/4/2021
Notice: To view this week's big picture outlook, click here. What Happened: After Tuesday's end-of-day spike liquidation, U.S. stock index futures were further sold, during Wednesday's sessions. What Does It Mean: Broad market indices are mixed. On a relative basis, the Nasdaq-100 is weaker, while the S&P 500 and Russell 2000 are stronger. This push-pull dynamic is making it hard for participants to resolve directionally, evidenced by recent volatility.