30-Day Fed Funds Apr '25 (ZQJ25)
30-Day Fed Funds Futures Market News and Commentary
The S&P 500 Index ($SPX) (SPY) on Friday fell by -0.17%, the Dow Jones Industrial Average ($DOWI) (DIA) fell by -0.20%, and the Nasdaq 100 Index ($IUXX) (QQQ) fell by -0.13%. E-mini S&P futures (ESU26) fell -0.27%, and September E-mini Nasdaq futures (NQU26) fell -0.16%.
Stocks ended Friday lower on weak US retail sales and consumer sentiment reports. The weak US economic reports slightly reduced the odds of a September Fed rate hike to 32% from 35% but also sparked worries about a weaker US economy and weaker corporate earnings. The stock market was also concerned that the 10-year T-note yield rose by +5 bp despite the weak US economic reports, as inflation worries continue.
US tech stocks saw carry-over support from an overnight rally of more than +2% in the South Korean Kospi index, with Samsung Electronics and chip-maker SK Hynix rallying by more than +15% this week. However, US chip stocks were weak on Friday on poor momentum and higher T-note yields, with the i... Read more
Barchart · Fri Aug 14, 3:25PM CDT
The S&P 500 Index ($SPX ) (SPY ) on Friday fell by -0.17%, the Dow Jones Industrial Average ($DOWI ) (DIA ) fell by -0.20%, and the Nasdaq 100 Index ($IUXX...
Barchart · Fri Aug 14, 11:55AM CDT
One of the Fed’s policy hawks explains why traders shouldn’t get too excited about this week’s favorable economic data.
Barchart · Fri Aug 14, 10:29AM CDT
The S&P 500 Index ($SPX ) (SPY ) is down -0.05%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ...
Barchart · Fri Aug 14, 9:11AM CDT
The S&P 500 Index ($SPX ) (SPY ) is up +0.02%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ...
Barchart · Fri Aug 14, 8:57AM CDT
December Canada dollar futures present a buying opportunity on more price strength.
Barchart · Fri Aug 14, 5:35AM CDT
September S&P 500 E-Mini futures (ESU26) are up +0.10% this morning, putting the benchmark index on track to end the week at a new record high, while investors...
Barchart · Fri Aug 14, 6:00PM CDT
Intuit is one of three cheap, dividend-paying tech stocks flying under the radar, with Wall Street price targets suggesting up to 151% upside for the software...
Barchart · Fri Aug 14, 4:53PM CDT
Lean hog futures slipped lower on Friday, with contracts down 7 to 62 cents, as October was down just 47 cents on the week. USDA’s national base hog...
Barchart · Fri Aug 14, 4:53PM CDT
The wheat complex led the grain rally on Friday, following more Black Sea news. Chicago SRW contracts were up 11 3/4 to 22 cents on Friday, with a weekly...
Barchart · Fri Aug 14, 4:53PM CDT
Corn futures rounded out the week in rally mode, as contracts were up 5 to 11 ¼ cents across the board on Friday September rallied 20 cents on the week...
Barchart · Fri Aug 14, 4:53PM CDT
Soybeans posted gains of 5 ½ to 11 ¾ cents across most contracts on Friday, with September up 18 ¾ cents on the week. November was up 16 ¼ cents. The...
Barchart · Fri Aug 14, 4:53PM CDT
Cotton futures were back to rally mode on Friday, with front month up 116 to 130 points at the close. December was 40 points higher on the week. Crude...
Barchart · Fri Aug 14, 4:53PM CDT
Live cattle futures faced Friday pressure, but bounced off the lows to close with contracts 85 cents to $2.60 lower. August was $8.07 lower on the week....
Barchart · Fri Aug 14, 3:25PM CDT
The S&P 500 Index ($SPX ) (SPY ) on Friday fell by -0.17%, the Dow Jones Industrial Average ($DOWI ) (DIA ) fell by -0.20%, and the Nasdaq 100 Index ($IUXX...