SOL Futures Oct '25 (SAV25)
SOL Futures Futures Market News and Commentary
The S&P 500 Index ($SPX) (SPY) today is up +0.81%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.10%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.74%. June E-mini S&P futures (ESM26) are up +0.77%, and June E-mini Nasdaq futures (NQM26) are up +1.71%.
Stock indexes are mostly rallying today, with the S&P 500 and Nasdaq 100 posting new all-time highs. Stocks are finding support as a drop in crude oil prices and bond yields fuels a rally in technology stocks after officials signaled the US was nearing a deal with Iran to reopen the Strait of Hormuz and restore oil flows. According to the Washington Post, the US and Iran have developed a memorandum that would extend the ceasefire by 60 days as the two sides seek a permanent deal, and if agreed, the Strait of Hormuz would be de-mined and reopened in the meantime. Secretary of State Rubio said negotiations will still "take a few days" as both sides discuss language in an initial document. WTI crude oil fell to... Read more
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