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The shares opened slightly higher on Monday morning as Wall Street waited for new earnings information, the start of the Federal Reserve's two-day meeting and the resumption of trade talks with China on Tuesday. Walt Disney (DIS) achieved a 2% pre-market gain after "Avengers: Endgame" surpassed $ 1.2 billion in the first five days of publication, a new record and well above expectations.
X
JP Morgan (JPM) and Goldman Sachs (GS) was one of the first leaders of the Dow Jones with gains of about 1%.
In the retail sector, Target (TGT) got an early raise, up 1%, helped by a Barclays upgrade to an overweight at equal weight, according to CNBC. It's still a damaged stock, though. The target fell below its 50-day moving average Friday after Amazon.com (AMZN) has announced a free one – day expedition for Premium members.
Higher Edge Stocks
The S & P 500 scored an all-time record early, up 0.1%. Dow Jones and Nasdaq industrial composites posted similar gains after the Nasdaq and Nasdaq 100 composite, which had reached record highs last week. Last week's top-performing ETFs, iShares Expanded Tech-Software ETFs climbed 4.2%.
Still in the Dow Jones, Apple (AAPL) rose 0.3% ahead of its earnings report on Tuesday after closing. After a low-volume escape, Apple is still in the purchase area of 5% of the purchase point of 197.79.
The Philadelphia Semiconductor index fell 0.7% last week after three consecutive weekly gains. Monday morning, ON Semiconductor (ON) lost a quick gain after the release of the results. In recent weeks, he tried unsuccessfully to empty his base. The point of purchase is 23.45.
Stocks in motion
Boeing (BA) fell 0.8% in early transactions before the start of the company's annual meeting in Chicago. The stock consolidated below the 10-week moving average for seven weeks, but received support close to its 40-week moving average, which is around 360.
During the weekend, Southwest Airlines (LUV) said it had not been told that a standard security feature of the Boeing 737 Max had been disabled until the Lion Air crash last October.
Other beginners included Spotify (SQUARE). Shares rose 1% to 139.30 after the company released its earnings. It is trying to come out of a downtrend, but the 200-day moving average of the stock around 151.50 is a potential resistance level to watch.
Google-parent results Alphabet (GOOGL) are due today after the close. After a low-volume escape, it is still in the range of purchase point 1,236.54.
Fed meeting
The Federal Reserve meeting this week comes after the report on GDP, better than expected, released Friday, which posted growth of 3.2%, well above expectations. Futures traders are still not expecting a rate hike from the Fed this year.
In the economic news, consumer spending rose 0.9% in March, above the consensus estimate of 0.7%. At the same time, the basic personal consumption expenditure deflator, the Fed's preferred inflation gauge, remained unchanged in March and rose 1.6% year-over-year.
The 10-year US Treasury recently traded around 2.52%, up 2 basis points.
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