Fortrade Canada Ltd. as an order-execution only dealer is not permitted to provide you with any advice or recommendations. These Market Commentaries should not be construed as a recommendation, advice or any attempt by Fortrade Canada Ltd. to prompt or influence you in making an investment decision to purchase, sell, hold or exchange any security or to influence the timing of such activity. This content is produced by Fortrade Limited which is not registered in any capacity with any securities regulatory authority in Canada.
71% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
70.91% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.91% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.
US Session Analysis for CFD Instruments 29/06/2021
Fundamental analysis
29 June, 2021
U.S. stock futures wobbled Tuesday, with investors awaiting data on consumer confidence levels a day after indexes notched fresh records. Futures tied to the S&P 500 index wavered between gains and losses. The broad market gauge ended Monday at its 32nd all-time closing of the year, led by gains in the technology sector. Nasdaq-100 futures weakened 0.3% Tuesday, suggesting that large technology stocks may give up some of those gains at the opening bell. Stocks have climbed in recent weeks, propelled by investors’ confidence in the economic recovery and the prospect of fresh government spending. Money managers remain cautious about whether highly infectious variants of Covid-19 could slow the global economic recovery or disrupt supply chains for crucial goods. Still, most people expect stocks to grind higher, given the low yields coming from bonds and continued monetary support for the economy.