U.S. stock futures are mixed this morning after the S&P 500 recorded a record close on Thursday. That index fell 0.2% on the open while the tech heavy Nasdaq Composite dropped 0.4% and the blue-chip Dow Jones Average was up slightly. Even with the concerns about inflation and supply-chain problems that are threatening the post-pandemic recovery, stocks have a way to keep rising on strong earning reports. Nine out of 10 U.S. companies had reported earnings that beat Wall Street expectations. Leading the way was American Express at 3.5%. Thursday also showed that jobless claims numbers improved to their lowest levels since March 2020, falling more than expected as layoffs, firings and work separations slowed in the labor market.
Support today is 452000 and 446650 with resistance showing 455000 and 456500.