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S&P 500 Cons Disc Jun '24 (BIM24)

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S&P 500 Cons Disc Futures Market News and Commentary

Stocks Sink as Crude Oil Surge Rattles Markets

The S&P 500 Index ($SPX) (SPY) today is down -2.18%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -2.27%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -2.37%.  March E-mini S&P futures (ESH26) are down -2.05%, and March E-mini Nasdaq futures (NQH26) are down -2.21%.

Stock indexes are plunging today, with the S&P 500 falling to a 3.25-month low, the Dow Jones Industrial Average dropping to a 2.75-month low, and the Nasdaq 100 sliding to a 3.5-month low. 

Global stock markets are plummeting, and crude oil prices and bond yields are soaring as the war in Iran enters its fourth day with no sign of de-escalation, bolstering fears of a lengthy disruption to energy markets and a surge in inflation.

WTI crude oil (CLJ26) is up more than +8% at an 8.5-month high after an adviser to Iran’s Islamic Revolutionary Guard Corps commander told state TV that “we will set fire to any ship attempting to pass through” the Strait of Hormuz, which runs along Iran's coast and... Read more

Contract Specifications

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Contract
S&P 500 Consumer Discretionary Sector Index
Contract Size
$100 times Index
Tick Size
0.10 points ($10.00 per contract)
Trading Hours
5:00p.m. - 4:00p.m. (Sun-Fri) (Settles 3:00p.m.) CST
Exchange
CME
Point Value
$100
Expiration Date
06/21/24 (expired)

Seasonal Chart

S&P 500 Cons Disc Jun '24
Average Price Chart for 5 Prior Jun Contracts
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Price Performance

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Period Period Low Period High Performance
1-Month
1,752.20 +4.73%
on 05/31/24
1,835.80 -0.03%
on 06/17/24
+25.56 (+1.41%)
since 05/21/24
3-Month
1,719.50 +6.73%
on 04/22/24
1,888.10 -2.80%
on 03/28/24
-52.14 (-2.76%)
since 03/21/24
52-Week
1,524.80 +20.35%
on 10/26/23
1,895.20 -3.17%
on 03/21/24
+114.46 (+6.65%)
since 06/21/23

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Most Recent Stories

More News
Stocks Sink as Crude Oil Surge Rattles Markets

The S&P 500 Index ($SPX ) (SPY ) today is down -2.18%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -2.27%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.37%. March E-mini S&P futures...

ALK : 48.96 (-3.57%)
MSTR : 135.54 (-1.53%)
GOOGL : 301.06 (-1.78%)
AAPL : 262.14 (-0.97%)
HL : 21.42 (-13.03%)
CDE : 24.23 (-10.06%)
ADI : 338.11 (-3.76%)
GLXY : 20.73 (-4.60%)
MDB : 255.47 (-21.40%)
COIN : 182.40 (-1.53%)
TSLA : 392.91 (-2.58%)
STX : 360.50 (-5.01%)
Stocks Tumble as Crude Oil Soars and Bond Yields Rise

The S&P 500 Index ($SPX ) (SPY ) today is down -1.82%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -2.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.78%. March E-mini S&P futures...

ALK : 48.96 (-3.57%)
MSTR : 135.54 (-1.53%)
GOOGL : 301.06 (-1.78%)
AAPL : 262.14 (-0.97%)
ADI : 338.11 (-3.76%)
GLXY : 20.73 (-4.60%)
MDB : 255.47 (-21.40%)
COIN : 182.40 (-1.53%)
TSLA : 392.91 (-2.58%)
STX : 360.50 (-5.01%)
WDC : 254.00 (-5.95%)
AMD : 190.99 (-3.84%)
S&P Futures Plummet as Middle East Conflict Fuels Inflation Fears

March S&P 500 E-Mini futures (ESH26) are trending down -1.77% this morning as the Middle East conflict has entered its fourth day with no signs of de-escalation, driving oil prices higher and stoking inflation...

MSTR : 135.54 (-1.53%)
TGT : 118.82 (+4.99%)
MPC : 212.41 (+1.23%)
GOOGL : 301.06 (-1.78%)
NVDA : 179.37 (-1.70%)
NOC : 758.05 (-1.30%)
CRWD : 386.08 (+0.32%)
CVX : 191.04 (+0.76%)
CRDO : 95.45 (-16.43%)
COP : 120.13 (+1.60%)
MU : 385.21 (-6.65%)
MDB : 255.47 (-21.40%)
Stocks Recover as Iran War Pushes Energy and Defense Stocks Higher

The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.04%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.13%. March E-mini...

MSTR : 135.54 (-1.53%)
MPC : 212.41 (+1.23%)
GLXY : 20.73 (-4.60%)
LITE : 722.18 (-7.80%)
COIN : 182.40 (-1.53%)
ELV : 289.83 (-1.44%)
OXY : 54.89 (+1.25%)
FANG : 180.61 (+0.92%)
STX : 360.50 (-5.01%)
WDC : 254.00 (-5.95%)
AMD : 190.99 (-3.84%)
^BTCUSD : 68,844.77 (-0.84%)
Markets Rebound After Initial Selloff Triggered by Middle East Tensions

The S&P 500 Index ($SPX ) (SPY ) today isup +.07%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.06%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.44%. Stocks initially retreated today...

MSTR : 135.54 (-1.53%)
MPC : 212.41 (+1.23%)
GLXY : 20.73 (-4.60%)
COIN : 182.40 (-1.53%)
ELV : 289.83 (-1.44%)
OXY : 54.89 (+1.25%)
FANG : 180.61 (+0.92%)
STX : 360.50 (-5.01%)
AMD : 190.99 (-3.84%)
^BTCUSD : 68,844.77 (-0.84%)
SPY : 675.84 (-1.54%)
NOC : 758.05 (-1.30%)
Stocks Retreat as the US Attacks Iran

The S&P 500 Index ($SPX ) (SPY ) today is down -0.69%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.74%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.65%. March E-mini S&P futures...

ALK : 48.96 (-3.57%)
UAL : 100.75 (-2.38%)
MPC : 212.41 (+1.23%)
$IUXX : 24,534.28 (-1.83%)
ELV : 289.83 (-1.44%)
ZNM26 : 112-290 (-0.15%)
OXY : 54.89 (+1.25%)
ESH26 : 6,781.75 (-1.55%)
FANG : 180.61 (+0.92%)
NCLH : 20.80 (-6.22%)
RTX : 209.19 (-1.40%)
VLO : 218.63 (+1.73%)
Were There Any Surprises in Markets Monday Morning?

Given what we saw over the weekend, did markets do what was expected when this week's opening bells rang out like air raid sirens Sunday?

$DXY : 99.24 (+0.87%)
YMH26 : 48,098 (-1.73%)
CLJ26 : 76.85 (+7.89%)
HGK26 : 5.8505 (-1.64%)
NQH26 : 24,609.75 (-1.66%)
GCJ26 : 5,116.1 (-3.68%)
SIK26 : 83.470 (-6.06%)
QAK26 : 83.61 (+7.55%)
HOJ26 : 3.2852 (+13.27%)
RBJ26 : 2.4894 (+5.01%)
ESH26 : 6,781.75 (-1.55%)
Stock Index Futures Plunge Amid Middle East Conflict

March S&P 500 E-Mini futures (ESH26) are down -1.05%, and March Nasdaq 100 E-Mini futures (NQH26) are down -1.44% this morning as sentiment took a hit after the U.S. and Israel exchanged deadly strikes...

TGT : 118.82 (+4.99%)
GOOGL : 301.06 (-1.78%)
UAL : 100.75 (-2.38%)
AVGO : 312.08 (-2.11%)
CVX : 191.04 (+0.76%)
DDOG : 110.26 (-0.77%)
OXY : 54.89 (+1.25%)
COST : 1,002.35 (-0.04%)
TSLA : 392.91 (-2.58%)
RTX : 209.19 (-1.40%)
NQH26 : 24,609.75 (-1.66%)
BBY : 64.28 (+4.37%)
Jobs, Geopolitics and Other Key Things to Watch this Week

Markets enter March following another losing week that saw airline stocks hammered after President Trump's threats against Iran escalated Middle East tensions, while a surprisingly hot inflation reading...

TGT : 118.82 (+4.99%)
PBR : 17.23 (-0.52%)
COST : 1,002.35 (-0.04%)
AVGO : 312.08 (-2.11%)
CRWD : 386.08 (+0.32%)
MRVL : 78.61 (-2.78%)
Stocks Settle Lower as Bank Shares Tumble and Tech Stocks Fall

The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -0.43%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -1.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.30%. March E-mini...

ALK : 48.96 (-3.57%)
APO : 103.72 (-2.56%)
TRI : 102.72 (+3.25%)
DUOL : 98.51 (-2.29%)
CRWV : 72.57 (-7.02%)
PSKY : 12.41 (-6.97%)
AMD : 190.99 (-3.84%)
SPY : 675.84 (-1.54%)
SYF : 67.86 (-1.14%)
ADSK : 249.71 (+1.12%)
MS : 162.98 (-2.41%)
ORCL : 147.81 (-0.96%)

Barchart Trading Guide

The Barchart Trading Guide is a Buy Signal with a Average Signal Strength.

Key Turning Points

3rd Resistance Point 1,835.16
2nd Resistance Point 1,835.16
1st Resistance Point 1,835.16
Last Price 1,835.16s
1st Support Level 1,835.16
2nd Support Level 1,835.16
3rd Support Level 1,835.16

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52-Week High 1,895.20
Last Price 1,835.16s
Fibonacci 61.8% 1,753.71
Fibonacci 50% 1,710.00
Fibonacci 38.2% 1,666.29
52-Week Low 1,524.80

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