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US stocks edge lower ahead of Fed decision on interest rates

Stocks edged lower on Wall Street ahead of the Federal Reserve's decision about whether it will tighten the screws further on the economy

PACW : 11.01 (-9.83%)
FRC : 15.22 (-3.49%)
$SPX : 4,012.19 (+0.23%)
$DOWI : 32,707.09 (+0.45%)
$IUXX : 12,825.08 (+0.66%)
US Grain Exports In Favor Again. The Corn & Ethanol Report 03/22/2023

We kickoff the day with MBA 30-Year Mortgage Rate, MBA Mortgage Market Index, MBA Mortgage Refinance Index, MBA Purchase Index and MBA Mortgage Applications at 6:00 A.M., EIA Energy Stocks at 9:30 A.M.,...

Higher Cotton Quotes at Midday

Midweek cotton prices are trading mixed but mostly higher. The deferred contracts are 5 to 40 points lower so far, while the nearby contracts are 43 to 89 points higher. The FOMC will announce policy...

CTK23 : 78.38 (+0.68%)
CTN23 : 78.91 (+0.59%)
CTV23 : 79.61s (+0.96%)
Hogs Working on Another Red Day So Far

Lean hog futures are down $0.82 to $1.87 lower through midday. For May that has the contract down a net $3.37 lower for the week. USDA’s National Average Base Hog price for Wednesday morning was $77.29,...

HEJ23 : 76.050 (-1.30%)
HEM23 : 89.150 (-2.41%)
KMJ23 : 82.425 (-1.99%)
Cattle Red at Midday

Cattle futures are trading $0.25 to $0.60 lower at midday. Feeders are also in the red with $0.50 to $1.10 losses. The FCE reported 1 sale of 128 TX heifers for $163 in their Wednesday auction. Cash trade...

LEJ23 : 162.300 (-0.08%)
LEM23 : 156.050 (-0.06%)
LEQ23 : 156.050 (unch)
LEY00 : 165.000s (unch)
GFH23 : 188.450 (-0.17%)
GFJ23 : 194.400 (-0.15%)
Midday Drops for Wheat Futures

Wheat prices are down by double digits for some contracts so far for midday. CBT SRW is trading 13 1/2 to 16 1/4 cents lower. KC HRW is down by 5 to 6 cents across the front months. Spring wheat prices...

ZWK23 : 664-2 (-2.78%)
ZWN23 : 675-4 (-2.45%)
ZWPAES.CM : 6.1142 (-3.14%)
KEK23 : 812-2 (-0.98%)
KEPAWS.CM : 7.7372 (-1.02%)
MWK23 : 835-6 (-1.18%)
Soy Falling through Midday

Front month soybean futures are trading 15 1/2 to 19 cents lower through midday. The meal market is $5.70 to $7.20 lower at midday. Front month BO futures are giving back another 67 to 70 points so far....

ZSK23 : 1448-6 (-1.24%)
ZSPAUS.CM : 14.1119 (-1.35%)
ZSN23 : 1425-4 (-1.59%)
ZSQ23 : 1379-0 (-1.75%)
Red Midday in Corn Futures

May corn contracts are staging a midday bounce, which has futures 8 1/2 cents off the low and 2 cents in the black. The other nearby contracts are fractional to 3 1/4 cents in the red. USDA announced...

ZCK23 : 632-6 (+0.44%)
ZCPAUS.CM : 6.3616 (+0.39%)
ZCN23 : 611-2 (unch)
ZCU23 : 561-0 (-0.44%)
Why TikTok's security risks keep raising fears

The battle between the U.S. and China over TikTok will come into full view when the social media platform’s CEO testifies before Congressional lawmakers

$SPX : 4,012.19 (+0.23%)
$DOWI : 32,707.09 (+0.45%)
$IUXX : 12,825.08 (+0.66%)
Coffee Prices Slip on Beneficial Weather in Brazil and Ample Robusta Supplies

May arabica coffee (KCK23 ) this morning is down -2.40 (-1.33%), and May ICE robusta coffee (RMK23 ) is down -9 (-0.42%). Coffee prices this morning are moderately lower. Reduced concern about flooding...

KCK23 : 178.00s (-1.28%)
RMK23 : 2,112s (-0.85%)

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Chart of the Day

Grupo Aeroportuario ADR (OMAB)

The Chart of the Day belongs to the Mexican airport operator Grupo Aeroportuario del Centro Norte (OMAB) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal...
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Major Market Indices

Symbol Last %Chg
$SPX 4,006.77 +0.10%
S&P 500 Index
$NASX 11,895.22 +0.30%
Nasdaq Composite
$DOWI 32,650.98 +0.28%
Dow Jones Industrials Average
$ONE 1,830.90 +0.30%
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BREAKING: Federal Reserve raises benchmark rate by 25bps at today's FOMC meeting
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4 Stock Market Morning Movers: $GME $OLLI $AMC $WOOF Check out the Details 👇 https://t.co/PeeXVsFCFG
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Markets Today: Stocks Slightly Lower Ahead Of FOMC Interest Rate Decision Related Stock: $META $GME $AMC $SPOT https://t.co/LVaVirWoUS
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Updated Tesla $TSLA Trader's Cheat Sheet https://t.co/I55GEOrTKB
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Coinbase $COIN has been in the green for 7 consecutive trading days, the longest winning streak in the company's history. https://t.co/qdpSKSeEiD
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Gold could soar to a new all-time high and trade as high as $2,600 per ounce according to Tina Teng from CMC Markets https://t.co/24ANOi9Pj4
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This should put into perspective how volatile the 2-year treasury yield has been of late 👀 https://t.co/VkFraQ1EhG
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Bill Gates says that OpenAI's GPT Artificial Intelligence model is the most important advance in technology since he first saw a modern graphical desktop in 1980. Do you agree?
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Wheat Futures are down almost 23% over the last 6 months but could a rebound be in sight? https://t.co/Isn2bKC4NG
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U.S. Prosecutors argue that the JP Morgan traders involved in spoofing the precious metal markets should serve prison time https://t.co/B5og4Vz1En
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Cathie Wood sees a bright side to the $2 billion in losses that Ark Invest has suffered. She will be able to offset future capital gains taxes with those losses. 😂😂 https://t.co/o0mYvy43ZQ
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INTERESTING: Silicon Valley Bank $SIVB loans to insiders more than tripled to from the third quarter last year to $219 million in the final 3 months of 2022. https://t.co/gGHs2GIOXE
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Warren Buffett's probable successor Greg Abel purchased 55 shares of Berkshire Hathaway on Friday worth approximately $24.6 million. Abel's total $BRK.A position is now worth approximately $105 million. https://t.co/u5xTBEZ8GV
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Global central banks have chosen 'class war over financial stability' says Ann Pettifor, a British economist and frequent economic adviser https://t.co/ETvjj1UjTm
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Solid day for regional banks as the SPDR S&P Regional Banking ETF posted its largest daily gain since January 6, 2021 https://t.co/TobzYJbna4
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The Russell 2000 has moved at least 1% in either direction for each of the last 9 trading days. This is the longest such streak since February 2022. https://t.co/xcVN8i7i93
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Home prices fell in February for the first monthly decline in more than a decade https://t.co/zHnJlIrTNs
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Commercial Bank Deposits & Loans have flipped over the last 12 months https://t.co/esDUqNUMuz
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The S&P 500 $SPX is acting as though the bank crisis never happened says Guy Adami of Private Advisor Group. CNBC's Fast Money traders urge caution with the recent rally. https://t.co/uYkpV3KKd9
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Charles Schwab $SCHW - Lots of insider buying over the last week. 130,000 shares for a total value of $7.6 million https://t.co/ox1kQK3yqi
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Arista Networks $ANET lifetime chart is a thing of beauty. Shares have surged to an all-time high. https://t.co/kWbtQlXZi8
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If the Federal Reserve announces a pause tomorrow, bears will be like: https://t.co/cNirIZE03m
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