30-Day Fed Funds Jun '21 (ZQM21)
30-Day Fed Funds Futures Market News and Commentary
The S&P 500 Index ($SPX) (SPY) on Tuesday closed down -0.16%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.11%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.87%. June E-mini S&P futures (ESM26) fell -0.16%, and June E-mini Nasdaq futures (NQM26) fell -0.90%.
Stock indexes settled mixed on Tuesday. The broader market was under pressure amid weakness in technology stocks, following Monday’s rally that pushed the S&P 500 and Nasdaq 100 to new record highs. The ongoing stalemate in the Middle East between the US and Iran is keeping the Strait of Hormuz closed, weighing on market sentiment, and pushing crude oil prices and bond yields higher. The 10-year T-note yield rose +5 bp to 4.46%.
Stock indexes added to their losses on Tuesday amid signs of accelerating inflation after the US Apr CPI rose 3.8% y/y, stronger than the 3.7% y/y expected and the largest increase in almost 3 years. Also, Apr core CPI rose +2.8% y/y, stronger than expectations of... Read more
Barchart · Tue May 12, 3:37PM CDT
The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.16%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.11%, and the Nasdaq 100 Index...
Barchart · Tue May 12, 2:38PM CDT
Tuesday's session brought to mind an old saying, “Even the sun shines on a cockroach some days”.
Barchart · Tue May 12, 10:16AM CDT
The S&P 500 Index ($SPX ) (SPY ) today is down -0.74%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.55%, and the Nasdaq 100 Index ($IUXX...
Barchart · Tue May 12, 9:44AM CDT
September Australian dollar futures present a buying opportunity on more price strength.
Barchart · Tue May 12, 9:08AM CDT
The S&P 500 Index ($SPX ) (SPY ) today is down -0.44%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.74%, and the Nasdaq 100 Index ($IUXX...
WealthUp · Tue May 12, 8:09AM CDT
Energy costs continued to spike amid America's war with Iran, pushing April's CPI well ahead of economists' expectations.
Barchart · 17 minutes ago
McDonald's stock is trading near its 52-week lows and has a dividend yield of aroudn 2.7%. However, the stock does not look like a compelling buy yet.
Barchart · 1 hour ago
Cotton futures closed the Tuesday session with front months down 105 to 145 points. The US dollar index was $0.366 higher at $98.190. Crude oil was up...
Barchart · 1 hour ago
Live cattle futures posted $1.70 to $2.80 losses across most front months. Cash trade has been quiet this week, with a few bids of $260. Last week settled...
Barchart · 1 hour ago
Lean hog futures posted losses of 75 cents to $1.80 across most contracts on Tuesday, with May up a nickel. USDA’s national base hog price was reported...
Barchart · 1 hour ago
Soybeans were in rally mode on Tuesday, with contracts up 10 1/4 to 13 3/4 cents at the close. The cmdtyView national average Cash Bean price was up 14...
Barchart · 1 hour ago
Corn futures held on Tuesday, with contracts up 4 to 5 cents at the close. A limit rally in the wheat market was supportive. The CmdtyView national average...
Barchart · 1 hour ago
The wheat complex was in rally mode on Tuesday, hitting the limit in a few contracts. Chicago SRW was up as little as 13 ½ cents in the deferreds to the...
Barchart · Tue May 12, 4:07PM CDT
SanDisk stock sank today amid a broader selloff in memory and semiconductor names. But should you buy the dip in SNDK shares today?
