Reply To: Traders Market Weekly: Market Combustion, Short Squeeze Meets Fed Pivot

#68733
Truman
Participant

S&P 500 futures are down 2 points and are trading 0.1% below fair value,
Nasdaq 100 futures are down 26 points and are trading 0.2% below fair value,
Dow Jones Industrial Average futures are down 20 points and are trading 0.1% below fair value.

Pre-open action has been muted as market participants look ahead to some market-moving events this week, including Tuesday’s November Consumer Price Index and Wednesday’s FOMC rate decision.

Market participants are also in a consolidation mindset following big gains since late October.