Monday's Market Recap - Stocks Rose Modestly, As Bitcoin Future Began Trading On The CBOE.

What is The Premarket Telling Us?
7:00 AM.
US stock futures are all positive early in the premarket. Dow futures up 47 points, Nasdaq futures up 7.50 points, S&P futures up 2.0 points. Major Asian markets close higher overnight, and Europe is mixed early in their session.
On The Bond Desk:
The US 10 year bond yield sits at 2.38%, up 0.03% or three basis points.
Currency Desk:
Euro dollar at 1.17
UK Pound at 1.33
Crude Oil:
WTI crude oil futures modestly lower at $57.73/barrel, down 0.45%.
On the Earnings Calendar:
None
In M&A News:
None
What About The Asian And European Markets?
Asian markets closed higher in their session. Japan (Nikkei 225) up 0.58%, Shanghai rose 0.98%, Hong Kong (Hang Seng) gained 1.14%.
European were mixed; Germany DAX 0.80%, France CAC 40 down 0.23%, London FTSE 100 up 0.84%.
Market And Sector Dynamics
Stocks began the trading session modestly higher, with the Dow up 11.25 points, Nasdaq rose 6.83 points, and the S&P up 0.85, a fraction of a point. Markets are understandingly subdued, after the explosion in the subway near the busy Port Authority Station.
Markets managed to hold on to modest gains during today's session, and gaping higher, in the closing minutes of trading.
Bitcoin futures began trading on the CBOE on Sunday evening, adding, some degree of legitimacy to Bitcoin as an asset class.
Nine of the eleven S&P sectors eked out modest gains during the session. Technology, energy, telecommunications services, basic materials, and utilities, were the outperformers.
Factors Influencing Today's Market
Crude oil prices rose in today's session. WTI crude oil price closed at $57.99/barrel, up 1.40%.
The JOLTS report for October showed job openings fell, 2.0% to 5.996 million as hiring picked up.
Bitcoin futures began trading on the CBOE on Sunday evening.
Major Asian markets close with solid gains overnight.
Market Close Volume Traded And Advance Decline Ratio
At the close of trading for the day, the Dow rose 56.87 points, Nasdaq gained 35 points, S&P added 8.49 points. Total NYSE volume traded, 3.51 billion shares. Advancing shares modestly outpaced Declining shares.
Data Sources: Bloomberg, CNBC, CNN Money, Google Finance, Market Watch, TD Ameritrade, Yahoo Finance.




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