S&P 500 Index Cash (SPY00)
S&P 500 Index Futures Market News and Commentary
The S&P 500 Index ($SPX) (SPY) on Thursday closed up +1.08%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.14%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +2.48%. September E-mini S&P futures (ESU26) rose +1.15%, and September E-mini Nasdaq futures (NQU26) rose +2.44%.Â
Stock indexes settled sharply higher on Thursday as the US-Iran peace deal stoked optimism that the reopening of the Strait of Hormuz will ease inflation risks.  President Trump on Wednesday night signed a preliminary deal to end the US-Iran war, which sent crude oil prices to a 3.5-month low, eased inflation expectations, and sparked risk-on sentiment in asset markets. The slump in crude prices has also pushed bond yields lower, as the 10-year T-note yield fell -4 bp to 4.45%.Â
Chipmakers rallied on Thursday to lead the broader market higher, as Intel jumped more than +10% after President Trump said the chipmaker will work alongside Apple to design and produce semiconductors domesti... Read more
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Strait of Hormuz already closed again
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Barchart · Sat Jun 20, 11:00AM CDT
Strategy investors are closely watching the July 4 CLARITY Act deadline, which could reshape crypto regulation and influence bitcoin-linked stocks.
Barchart · Sat Jun 20, 11:00AM CDT
Applied Materials is trading at a higher valuation than its late-1990s dot-com era peak as investors price in its central role in AI chip manufacturing....
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