10-Year T-Note Sep '21 (ZNU21)
10-Year T-Note Futures Market News and Commentary
The S&P 500 Index ($SPX) (SPY) on Thursday closed up +1.66%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +1.19%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +3.36%. September E-mini S&P futures (ESU26) rose +1.65%, and September E-mini Nasdaq futures (NQU26) rose +3.28%.
Stock indexes settled sharply higher on Thursday after strong growth at Microsoft reassured investors that massive spending on artificial intelligence is starting to pay off. Microsoft surged more than +15% after reporting that Q4 Azure and other cloud services revenue ex-forex rose +43%, better than the consensus of +39.3% and the fastest quarterly growth in four years. Microsoft's positive earnings also eased AI spending concerns and fueled a sharp rally in chipmakers and AI-infrastructure stocks, pushing the overall market even higher. The markets will get another look at megacap earnings when Amazon.com and Apple report after Thursday’s close.
On the negative side, Meta Platform... Read more
Barchart · Thu Jul 30, 3:36PM CDT
The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +1.66%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +1.19%, and the Nasdaq 100 Index...
Barchart · Thu Jul 30, 12:56PM CDT
In today's interview on Markets Now, I discussed how Black Sea export disruptions, Midwest weather forecasts, macroeconomic uncertainty around the Federal...
Barchart · Thu Jul 30, 10:21AM CDT
The S&P 500 Index ($SPX ) (SPY ) today is up +0.86%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.29%, and the Nasdaq 100 Index ($IUXX ) (QQQ...
Barchart · Thu Jul 30, 9:06AM CDT
The S&P 500 Index ($SPX ) (SPY ) today is up +1.12%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.64%, and the Nasdaq 100 Index ($IUXX ) (QQQ...
Barchart · Thu Jul 30, 6:27AM CDT
Recent articles of US farmers turning down extraordinary offers for their farm land reminded me of a story, and raises and important question as to what...
Barchart · Thu Jul 30, 5:39AM CDT
September S&P 500 E-Mini futures (ESU26) are up +0.48%, and September Nasdaq 100 E-Mini futures (NQU26) are up +1.02% this morning as investors cheered...
Barchart · 59 minutes ago
Cotton futures were 81 to 139 points in the green at Thursday’s close. Crude oil was back down just 50 cents per barrel, with the US dollar index falling...
Barchart · 59 minutes ago
Live cattle futures posted $1.42 to $3.47 gains across the board at Thursday’s close. USDA picked up cash trade at $232-233 on Thursday. The Thursday...
Barchart · 59 minutes ago
Soybeans posted weaker trade late on Thursday, with contracts down fractionally to 4 cents across most contracts. The cmdtyView national average Cash Bean...
Barchart · 59 minutes ago
Corn futures closed with weakness on Thursday, as front months were down 2 to 3 ¼ cents, with deferreds fractionally to 1 ¼ cents higher. The CmdtyView...
Barchart · 59 minutes ago
Lean hog futures were down $2.05 to $3 across the board on Thursday. USDA’s national base hog price was reported at $101.05 on Thursday afternoon, down...
Barchart · 59 minutes ago
The wheat complex posted gains across the three exchanges on Thursday, following increased Black Sea tensions. Chicago SRW contracts were 2 ¾ to 7 ½...
Barchart · 1 hour ago
While Tesla and Elon Musk proved critics wrong with the success of electric cars, the company's AI pivot will be a lot more challenging given the competition....
Barchart · Thu Jul 30, 3:58PM CDT
After a solid Q4 result, analysts have turned more bullish on Seagate. Should investors follow suit?