30-Day Fed Funds Aug '23 (ZQQ23)
30-Day Fed Funds Futures Market News and Commentary
The S&P 500 Index ($SPX) (SPY) on Thursday closed unchanged, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +1.14%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.61%. September E-mini S&P futures (ESU26) fell -0.25%, and September E-mini Nasdaq futures (NQU26) fell -1.82%.Â
Stock indexes erased early gains on Thursday and settled mixed, with the S&P 500 posting a 2-week high and the Dow Jones Industrial Average hitting a new all-time high. Chipmakers sold off for a second day on Thursday, weighing on the broader market and dragging the Nasdaq 100 sharply lower.  Chipmakers opened lower on Thursday after South Korea’s Kospi Index fell more than -7% to a 3-week low, led by a plunge in SK Hynix and Samsung Electronics on renewed doubts over the sustainability of the AI buildout boom. Chipmakers also had some negative carryover from Wednesday, when Meta Platforms said it plans to sell computing power, raising questions about excess AI capacity.
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Barchart · Thu Jul 2, 3:34PM CDT
The S&P 500 Index ($SPX ) (SPY ) on Thursday closed unchanged, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +1.14%, and the Nasdaq 100 Index...
Barchart · Thu Jul 2, 10:18AM CDT
The S&P 500 Index ($SPX ) (SPY ) is up +0.10% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.85%, and the Nasdaq 100 Index ($IUXX ) (QQQ...
Barchart · Thu Jul 2, 9:05AM CDT
The S&P 500 Index ($SPX ) (SPY ) today is up +0.67%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.85%, and the Nasdaq 100 Index ($IUXX ) (QQQ...
WealthUp · Thu Jul 2, 8:03AM CDT
A string of healthy jobs reports was dashed by a sluggish June nonfarm payrolls report, which showed job creation come in at roughly half of what economists...
Barchart · Thu Jul 2, 5:39AM CDT
September Nasdaq 100 E-Mini futures (NQU26) are down -0.30% this morning, pointing to further losses after semiconductor stocks led Wall Street lower in...
Barchart · Wed Jul 1, 3:33PM CDT
The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -0.22%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.03%, and the Nasdaq 100...
Barchart · 13 minutes ago
Invesco is expected to announce its second-quarter results later this month, and analysts predict a double-digit growth in the company’s bottom-line...
Barchart · 30 minutes ago
While the operational narrative is very convincing, CVNA stock is priced for perfection, making it a difficult bullish trading prospect.
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Chubb Limited is set to report its second-quarter results this month, and analysts expect a single-digit earnings rise.
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Rocket Lab could likely soar 50% from this level even though the competition heats up.
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F5, Inc. is expected to announce its third-quarter earnings soon, and Wall Street expects the company’s EPS to decline by double digits.
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David Ricks is betting big on Adobe as the company tries to shrug off AI fears.
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OpenAI is not just seeking an IPO for cash, but for a $1 trillion valuation to buy chips more cheaply.
Barchart · 1 hour ago
Bloom Energy expanded its partnership with Brookfield Asset Management to a $25 billion financing framework to support rapid fuel-cell-based power deployment...