How To Trade SPY, QQQ And Top Tech Stocks

Benzinga · RIPS ·

Good Morning Traders! Today is jobs day. The October Jobs Report is the headline event, and the US economy added 165,000 jobs in October blowing past expectations, while unemployment fell to 4.1%. At 10:00AM ET,

Good Morning Traders!

Today is jobs day. The October Jobs Report is the headline event, and the US economy added 165,000 jobs in October blowing past expectations, while unemployment fell to 4.1%.

At 10:00AM ET, the University of Michigan Consumer Sentiment preliminary reading for November is due, with forecasts near 48 after 46.3 last month. Overnight, Nasdaq futures recovered after an AI driven rout spread through Asian markets, and the Mag 7 are mixed in early trading. Nvidia, Tesla and Amazon are higher, while Apple and Microsoft are lagging, so watch whether the chip led bounce can pull the heavier names along with it.

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