The direction of the September E-mini NASDAQ-100 Index into the close is likely to be determined by trader reaction to 14720.50.
NEW YORK, July 14, 2021 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced that Honeywell International Inc. (Nasdaq: HON), will become a component of the NASDAQ-100 Index® (Nasdaq: NDX), the NASDAQ-100 Equal Weighted Index (Nasdaq: NDXE) and the NASDAQ-100 Ex-Technology Index (Nasdaq: NDXX) prior to market open on Wednesday, July 21, 2021. Honeywell International Inc. will replace Alexion Pharmaceuticals, Inc. (Nasdaq: ALXN) in the NASDAQ-100 Index®, the NASDAQ-100 Equal Weighted Index a
If Powell appears even a touch more hawkish, Treasury yields and the U.S. Dollar could spike higher. This should put pressure on the stock market.