10-Year T-Note Sep '23 (ZNU23)
10-Year T-Note Futures Market News and Commentary
The S&P 500 Index ($SPX) (SPY) on Friday closed down -2.64%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -1.35%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -4.77%. June E-mini S&P futures (ESM26) fell -2.97%, and June E-mini Nasdaq futures (NQM26) fell -5.09%.
Stock indexes sold off sharply on Friday, with the S&P 500 and Nasdaq 100 posting 2-week lows. Investors rotated out of AI-infrastructure and semiconductor companies and sold megacap technology stocks that earlier this week pushed US stock indexes to all-time highs. Technology stocks retreated amid long liquidation and profit-taking after Broadcom’s outlook for chip sales fell short of high expectations, raising concerns that the AI trade rally has been excessive.
Stock indexes added to their losses on Friday as bond yields soared on the stronger-than-expected US May payrolls report, bolstering speculation that the Fed’s next interest rate move will be a rate hike. The 10-year T-note yiel... Read more
Barchart · Sun Jun 7, 12:00PM CDT
Markets face a pivotal week marked by a significant structural shift away from richly valued AI and technology stocks toward lagging sectors, evident in...
Barchart · Sun Jun 7, 9:00AM CDT
Credit card balances remain historically high, but the approved source package points to practical moves borrowers can try this week.
Barchart · Sat Jun 6, 8:30AM CDT
The housing market can improve on paper and still feel impossible in real life.
Barchart · Fri Jun 5, 3:36PM CDT
The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -2.64%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -1.35%, and the Nasdaq 100...
Barchart · Fri Jun 5, 10:13AM CDT
The S&P 500 Index ($SPX ) (SPY ) today is down -1.00%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.26%, and the Nasdaq 100 Index ($IUXX...
Barchart · Fri Jun 5, 9:54AM CDT
A new auto debt analysis says longer loans are hiding thousands in interest for drivers who need cars to work and live.
Barchart · Sun Jun 7, 2:00PM CDT
Netflix is rolling out generative AI tools like voice search and mood-based picks to help subscribers beat content overload and find shows faster.
Barchart · Sun Jun 7, 1:00PM CDT
Netflix's stock has been underperforming for a year now. The company needs to come up with a new story to win over markets.
Barchart · Sun Jun 7, 12:00PM CDT
GitLab's AI ambitions and strong enterprise demand have analysts forecasting massive upside ahead.
Barchart · Sun Jun 7, 12:00PM CDT
Markets face a pivotal week marked by a significant structural shift away from richly valued AI and technology stocks toward lagging sectors, evident in...
Barchart · Sun Jun 7, 11:00AM CDT
Lumentum is benefitting after Nvidia's CEO complimented Marvell in the networking space.
Barchart · Sun Jun 7, 10:30AM CDT
Rumble partners with Nvidia with a $270 million commitment for their Blackwell GPUs.
Barchart · Sun Jun 7, 10:00AM CDT
The AI race is getting more expensive, and Alphabet’s latest fundraising plan proved it. Still, Berkshire Hathaway’s $10 billion bet offers investors...
Barchart · Sun Jun 7, 9:31AM CDT
As spring turns to summer, US beef headlines have announced the return of the New World Screwworm.
