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30-Day Fed Funds Aug '24 (ZQQ24)

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30-Day Fed Funds Prices for [[ item.sessionDateDisplayLong ]]
Find the latest 30-Day Fed Funds prices and 30-Day Fed Funds futures quotes for all active contracts below.
[[ timeframe ]] futures price quotes as of Thu, Jul 18th, 2024.
Latest price quotes as of [[ snapshotDate ]].
[[ timeframe ]] futures price quotes, based on [[ timeframe ]] data.
Looking for expired contracts? Check out our 30-Day Fed Funds Historical Prices page.

30-Day Fed Funds Futures Market News and Commentary

Stocks Finish Lower on Slump in Mega-Cap Tech Stocks and Banks

The S&P 500 Index ($SPX) (SPY) Thursday closed down -0.78%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -1.29%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.48%.

Stock indexes Thursday gave up an early advance and retreated, with the S&P 500 posting a 2-week low and the Nasdaq 100 dropping to a 3-week low.  A slump in mega-cap technology stocks and money-center banks weighed on the overall market.  Stocks on Thursday initially opened higher, with the Dow Jones Industrials posting a new record high, on a rebound in chip stocks after Taiwan Semiconductor Manufacturing Co, provider of chips to Apple and Nvidia, reported better-than-expected Q2 results and lifted projections for 2024 revenue growth.

Thursday’s US economic news was mixed for stocks after weekly continuing unemployment claims rose to a 2-1/2 year high, and the July Philadelphia Fed business outlook survey rose more than expected.

Dovish comments today from Chicago Fed President Goo... Read more

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