30-Day Fed Funds Apr '23 (ZQJ23)
30-Day Fed Funds Futures Market News and Commentary
The S&P 500 Index ($SPX) (SPY) is up by +0.58% today, the Dow Jones Industrial Average ($DOWI) (DIA) is up by +0.55%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up by +0.07%. E-mini S&P futures (ESU26) are up +0.61%, and September E-mini Nasdaq futures (NQU26) are up +0.05%.
Stock indices are moving higher today, with the Nasdaq 100 rebounding from a 1.5-week low. The broader market is supported today by lower US bond yields. The 10-year T-note yield dropped -6 bp to 4.64% today after the US Treasury announced that it will boost liquidity and double the size of buybacks for longer-dated nominal coupon securities to at least $4 billion. However, weakness in chipmaker and AI-infrastructure stocks continued today, limiting gains in the Nasdaq 100.
Also, on the positive side for stocks, Moderna surged more than +120% today after announcing a positive result from its personalized cancer vaccine trial with Merck & Co. In addition, the Trump administration today delayed 5... Read more
Barchart · Wed Aug 19, 10:15AM CDT
The S&P 500 Index ($SPX ) (SPY ) is up by +0.58% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.55%, and the Nasdaq 100 Index ($IUXX...
Barchart · Wed Aug 19, 9:13AM CDT
The S&P 500 Index ($SPX ) (SPY ) is up by +0.33% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.47%, and the Nasdaq 100 Index ($IUXX...
Barchart · Wed Aug 19, 9:03AM CDT
December British pound futures present a buying opportunity on more price strength.
MoneyShow · Wed Aug 19, 7:50AM CDT
Stuck holding a down-trending stock and want to make yourself feel better? Then just check out what’s happening in the housing market. The charts look...
Barchart · Wed Aug 19, 5:38AM CDT
September S&P 500 E-Mini futures (ESU26) are down -0.02% this morning, steadying after yesterday’s drop as the global bond rout eased, while investors...
Barchart · Tue Aug 18, 4:07PM CDT
The pressure is on for Warsh ahead of Jackson Hole, both from soaring long-term yields and bullish fund manager forecasts.
Barchart · 4 minutes ago
Marvell Technology prepares for its Q2 results with analysts expecting huge upside.
Barchart · 8 minutes ago
HIVE Digital Technologies is building a stronger AI-driven growth narrative, with expanding contracts adding visibility to its future revenue.
Barchart · 21 minutes ago
September WTI crude oil (CLU26) closed up +0.89 (+1.05%) on Wednesday, and September RBOB gasoline (RBU26) closed down -0.0466 (-1.41%). Crude oil and...
Barchart · 22 minutes ago
September Nymex natural gas (NGU26 ) on Wednesday closed up +0.038 (+1.37%). Nat-gas prices rallied to a 4-week high on Wednesday and settled higher. ...
Barchart · 31 minutes ago
What does Google's $94 billion stake in SpaceX really mean?
Barchart · 32 minutes ago
Rocket Lab's $12 million Space Force contract could be worth far more if Photon proves its optical communications technology, opening the door to larger...
Barchart · 34 minutes ago
Zoom stock rallies on a bullish Bank of America research note. Here’s why BofA recommends buying ZM shares at current levels.
Barchart · 34 minutes ago
SpaceX stock is still nothing more than a plaything for investors.