30-Day Fed Funds Oct '24 (ZQV24)
30-Day Fed Funds Futures Market News and Commentary
The S&P 500 Index ($SPX) (SPY) is down by -0.50% today, the Dow Jones Industrial Average ($DOWI) (DIA) is down by -0.67%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down by -0.29%. E-mini S&P futures (ESU26) are down -0.48%, and September E-mini Nasdaq futures (NQU26) are down -0.30%.
Stock indices are under pressure today, with the Dow Jones Industrial Average falling to a 1-week low on a flare-up in geopolitical risks. Renewed Middle East tensions are boosting crude oil prices, raising inflation expectations, bond yields, and complicating the US inflation outlook. WTI crude oil is up more than +2% today after the US and Iran exchanged strikes for the first time in about a month. The 10-year T-note yield jumped to a 19-month high today at 4.76%.
Stocks also have some negative carryover from last Friday when Fed Chair Warsh vowed to bring inflation back to target and said financial conditions aren’t restrictive, bolstering the chance of a Fed rate hike next month. Th... Read more
Barchart · Mon Aug 31, 1:06PM CDT
By combining a core ladder of cash-generating fixed income with a right-sized overlay of TLT put spreads or specialized rate-hedge ETFs, investors can...
Barchart · Mon Aug 31, 10:11AM CDT
The S&P 500 Index ($SPX ) (SPY ) is down by -0.50% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.67%, and the Nasdaq 100 Index...
Barchart · Mon Aug 31, 9:01AM CDT
The S&P 500 Index ($SPX ) (SPY ) is down by -0.42% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.55%, and the Nasdaq 100 Index...
Barchart · Mon Aug 31, 8:58AM CDT
December Euro currency futures present a selling opportunity on more price weakness.
Barchart · Mon Aug 31, 6:10AM CDT
A look at the headlines Monday morning gives us more fighting in the Middle East, threats in Europe, and continuing debate over Chairman Warsh's comments....
Barchart · Mon Aug 31, 5:35AM CDT
September S&P 500 E-Mini futures (ESU26) are down -0.23%, and September Nasdaq 100 E-Mini futures (NQU26) are down -0.17% this morning, pointing to a lower...
Barchart · 6 minutes ago
AMD stock gains after launching a new AI platform in Saudi Arabia in collaboration with Cisco. But does that warrant buying AMD shares? Let’s find out!...
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How to play NVDA after Q2, and what investors should be watching.
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The dollar index (DXY00 ) fell by -0.28% on Monday. The dollar settled lower on Monday, consolidating below last Friday’s 2-week high. Comments from...
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Multiple long-term catalysts underscore NVDA stock. How should investors view Nvidia?