30-Day Fed Funds Apr '22 (ZQJ22)
30-Day Fed Funds Futures Market News and Commentary
The S&P 500 Index ($SPX) (SPY) closed up +0.62% on Friday, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.28%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.19%. September E-mini S&P futures (ESU26) rose +0.55%, and September E-mini Nasdaq futures (NQU26) rose +1.17%.
Stock indices settled higher on Friday amid strength in corporate earnings results and reduced Fed rate hike fears. Stock indices found support on Friday as bond yields fell after US July nonfarm payrolls unexpectedly declined and average hourly earnings rose less than expected, bolstering speculation that the Fed won’t be forced to raise interest rates any time soon. The 10-year T-note yield fell -3 bp to 4.65%. The payroll report cut the chances of a Fed rate hike at next month’s FOMC meeting to 44% from 58% before the report.
Atlassian surged more than +36% to lead software stocks higher today after forecasting stronger-than-expected Q1 revenue. Cybersecurity stocks also rallied o... Read more
Barchart · Sun Aug 9, 12:00PM CDT
Markets enter a data-heavy week pivoting toward inflation assessment with Wednesday's July CPI report at 8:30am and Thursday's PPI establishing critical...
WealthUp · Sat Aug 8, 8:00AM CDT
Budgeting doesn't mean you have to kill your discretionary spending -- you just have to be smarter about it. This set of questions can help you stave off...
Barchart · Sat Aug 8, 8:00AM CDT
Home Depot's upcoming earnings could determine HD stock's next move as Wall Street looks for another beat and signs of improving demand.
Barchart · Fri Aug 7, 5:00PM CDT
Here's what the Citadel boss said about the ugly side of making money, and the psychological lessons for everyday investors.
Barchart · Fri Aug 7, 3:37PM CDT
The S&P 500 Index ($SPX ) (SPY ) closed up +0.62% on Friday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.28%, and the Nasdaq 100 Index...
Barchart · Fri Aug 7, 10:54AM CDT
Compound interest is still king and the real key to wealth, but maintaining a consistent rate of return is much harder said than done in reality.
Barchart · 10 minutes ago
Global Payments has trailed the S&P 500 over the past year, but Wall Street remains cautiously optimistic about the stock’s outlook.
Barchart · 13 minutes ago
Stanley Black & Decker has outpaced the broader market over the past year, while Wall Street remains cautiously optimistic about the stock’s outlook....
Barchart · 17 minutes ago
As Ventas has outperformed the broader market over the past 52 weeks, Wall Street analysts maintain a highly optimistic outlook about the stock’s prospects....
Barchart · 20 minutes ago
Despite American Express’ underperformance relative to the S&P 500 over the past 52 weeks, Wall Street analysts remain moderately optimistic about the...
Barchart · Sun Aug 9, 4:06PM CDT
Rising memory demand has shifted pricing power away from Apple, giving Micron and other memory makers a stronger negotiating position.
Barchart · Sun Aug 9, 3:11PM CDT
SpaceX’s exclusive commitment to Nvidia signals the chipmaker’s AI leadership is expanding into entirely new markets.
Barchart · Sun Aug 9, 2:46PM CDT
Gold just woke up, and a complacent market may be caught off guard.A 7-week breakout, a supportive seasonal window, and cooling rate-hike expectations...
Barchart · Sun Aug 9, 2:30PM CDT
Management has revealed that Arc Mainnet will be launched next month.