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30-Day Fed Funds Apr '24 (ZQJ24)
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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 Fri, Feb 23rd, 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 Rally as AI Demand Fuels Record Earnings for Nvidia

The S&P 500 Index ($SPX) (SPY) Thursday closed up +2.11%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +1.18%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +3.01%.

Stock indexes on Thursday rallied sharply, with the S&P 500 and Dow Jones Industrials posting new record highs and the Nasdaq 100 posting a 1-1/2 week high.  Nvidia surged more than +16% Thursday to a record high to lead a rally in chip stocks after its quarterly earnings results late Wednesday showed demand for its artificial intelligence computing hardware is exploding.

U.S. stocks had carryover support from strength in global equity markets as Japan’s Nikkei Stock Index climbed to a record high Thursday, and the Euro Stoxx 50 rose to a 23-year high.

U.S. weekly initial unemployment claims unexpectedly fell -12,000 to a 5-week low of 201,000, showing a stronger labor market than expectations of an increase to 216,000.

The U.S. Jan Chicago Fed national activity index fell -0.32 to -... Read more

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