30-Year T-Bond Sep '23 (ZBU23)
30-Year T-Bond Futures Market News and Commentary
The S&P 500 Index ($SPX) (SPY) is up +0.57%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.04%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.22%. September E-mini S&P futures (ESU26) are up +0.58%, and September E-mini Nasdaq futures (NQU26) are up +1.22%.
Stocks are seeing support as today’s favorable PPI report caused a -7 bp decline in the 10-year T-note yield and a drop in expectations for a Fed rate hike to 35% from 40% on Wednesday. Stocks are also seeing support from today’s drop of more than -1% in crude oil prices, amid a lack of reports of fresh US or Iranian attacks in the Persian Gulf.
US tech stocks were undercut today by a -8% drop in Cisco Systems after disappointing guidance, and a drop of more than -13% in Cerebras Systems (CBRS) due to a decline in sales at its hardware business. US tech stocks have some carry-over support from an overnight +3.6% rally in the South Korean Kospi index, driven in part by a more than +5% rally in Samsung E... Read more
Barchart · Thu Aug 13, 10:45AM CDT
The S&P 500 Index ($SPX ) (SPY ) is up +0.57%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ )...
Barchart · Thu Aug 13, 8:58AM CDT
The S&P 500 Index ($SPX ) (SPY ) is up +0.31%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ )...
Barchart · Thu Aug 13, 5:37AM CDT
September S&P 500 E-Mini futures (ESU26) are up +0.19%, and September Nasdaq 100 E-Mini futures (NQU26) are up +0.10% this morning, buoyed by a drop in...
Barchart · Wed Aug 12, 3:46PM CDT
The S&P 500 Index ($SPX ) (SPY ) on Wednesday rose +0.26%, the Dow Jones Industrial Average ($DOWI ) (DIA ) fell -0.04%, and the Nasdaq 100 Index ($IUXX...
Barchart · Wed Aug 12, 11:05AM CDT
Electricity bills are rising, but how much of the AI-fueled demand surge for power is real? As it turns out, we don't really know.
Barchart · Wed Aug 12, 10:02AM CDT
The S&P 500 Index ($SPX ) (SPY ) is up +0.25%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ )...
Barchart · 6 minutes ago
Microsoft stock extends gains on a bullish JPMorgan research note. Here’s why the firm recommends buying MSFT shares at current levels.
Barchart · 6 minutes ago
A new lawsuit against President Donald Trump raises serious questions about Trump Media’s business model. So, what’s at stake for DJT stock?
Barchart · 11 minutes ago
The new model is focused on visual work but also handles coding tasks quite well.
Barchart · 19 minutes ago
While Caterpillar has outperformed the broader market over the past year, Wall Street analysts are cautiously optimistic about the stock’s prospects....
Barchart · 25 minutes ago
JPMorgan says Salesforce stock is inexpensive to own at current levels. Here’s why the firm is bullish on CRM shares.
Barchart · 26 minutes ago
The company more than doubled revenues and narrowed losses in the quarter.
Barchart · 39 minutes ago
Worried about buying momentum stocks at the top? Married puts pair share ownership with downside protection. Three of yesterday’s stocks with unusually...
Barchart · 54 minutes ago
Quantinuum is putting its Helios quantum computer inside Oracle Cloud, pairing quantum power with AI as revenue and bookings surge in Q2.