30-Day Fed Funds Dec '23 (ZQZ23)
30-Day Fed Funds Futures Market News and Commentary
The S&P 500 Index ($SPX) (SPY) on Wednesday closed down -1.21%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.98%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.99%. June E-mini S&P futures (ESM26) fell -1.19%, and June E-mini Nasdaq futures (NQM26) fell -0.95%.Â
Stock indexes gave up early gains on Wednesday and settled sharply lower, with the Dow Jones Industrials falling from a new all-time high, after the Fed signaled the possibility of higher interest rates later this year.  As expected, the FOMC kept interest rates unchanged following Wednesday’s meeting, but its dot-plot of interest rate projections indicates at least one more 25 bp rate hike this year. The weakness in the Magnificent Seven technology stocks and a slump in software stocks weighed on the overall market.Â
Stocks initially moved higher on Wednesday amid strength in chipmakers. Stocks also garnered support on better-than-expected US economic reports on US May retail sales, a... Read more
Barchart · Wed Jun 17, 3:35PM CDT
The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -1.21%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.98%, and the Nasdaq 100...
Barchart · Wed Jun 17, 10:44AM CDT
Mark Cuban sees some of his younger, brash, establishment-challenging self in Anthropic CEO Dario Amodei. But when it comes to OpenAI CEO Sam Altman, Cuban...
Barchart · Wed Jun 17, 10:22AM CDT
The S&P 500 Index ($SPX ) (SPY ) today is down -0.15%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.23%, and the Nasdaq 100 Index ($IUXX )...
Barchart · Wed Jun 17, 9:09AM CDT
The S&P 500 Index ($SPX ) (SPY ) today is up +0.23%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ...
TradingView · Wed Jun 17, 9:08AM CDT
Markets are pricing in the end of the conflict in the Middle East, but the damage is already done.
Barchart · Wed Jun 17, 7:00AM CDT
If the Fed fund futures forward curve is correct, then the US White House could be fuming by the end of the day.
Barchart · 10 minutes ago
Expeditors International has outperformed its industry peers recently, yet analysts remain cautious about the stock’s prospects.
Barchart · 15 minutes ago
FactSet Research Systems has lagged behind the S&P 500 Index over the past year, and analysts remain unsure about the stock’s growth prospects.
Barchart · Wed Jun 17, 10:05PM CDT
Lumentum Holdings has outperformed its sector peers recently, and analysts remain highly optimistic about the stock’s prospects.
Barchart · Wed Jun 17, 9:36PM CDT
Although Northern Trust has exceeded the Dow over the past 52 weeks, Wall Street analysts remain cautious about the stock's prospects.
Barchart · Wed Jun 17, 9:13PM CDT
Teledyne Technologies has considerably underperformed the Nasdaq recently, yet analysts remain moderately optimistic about the stock’s prospects.
Barchart · Wed Jun 17, 7:29PM CDT
Though VeriSign has lagged behind the broader Nasdaq Composite over the past year, Wall Street analysts remain moderately optimistic about the stock’s...
Barchart · Wed Jun 17, 6:30PM CDT
Citigroup's dividend yield has fallen steeply as its stock has soared over the last three years. Is the stock still a buy?
Barchart · Wed Jun 17, 4:16PM CDT
AST SpaceMobile stock rallied today on the successful launch of BlueBird 8,9, and 10 satellites. But does that warrant buying ASTS shares today?