Federal Reserve Chairman Jerome Powell praised the "significant progress" on inflation, although he reiterated that the Fed is not yet ready to cut interest rates. This was interpreted as dovish by the market. U.S. stocks opened lower but rebounded, accelerating towards the close, with$S&P 500 Index(.SPX.US)$closing above 5,500 for the first time ever. The S&P 500,$Nasdaq Composite Index(.IXIC.US)$,$Amazon(AMZN.US)$,$Apple(AAPL.US)$, and$Microsoft(MSFT.US)$all hit n...
Indexes advanced late Tuesday for the second day of the second half. Just after the close, the$S&P 500 Index(.SPX.US)$climbed 0.62%, the$Dow Jones Industrial Average(.DJI.US)$climbed 0.41%and the$Nasdaq Composite Index(.IXIC.US)$climbed 0.84%. There were 7100 advancers and 4500 decliners on the market overall. MACRO Tuesday morning, Fed President Jerome Powell spoke at the ECB conference, saying there was progress on inflation,...
$Crude Oil Futures(AUG4)(CLmain.US)$keep eyes on this. if breaks resistance is not going to be anything to celebrate. JP will get the pink slip when Trump takes over.
U.S. Stocks: Dow Jones up 0.13%, S&P 500 up 0.27%, Nasdaq up 0.83%. Bonds: The yield on the 10-year U.S. Treasury rose 8.31 basis points to 4.4791%. The 2-year U.S. Treasury yield rose 1.46 basis points to 4.7681%. Commodities: WTI August crude oil futures rose $1.84, or 2.26%, to $83.38 per barrel. Brent September crude oil futures rose $1.60, or 1.88%, to $86.60 per barrel. Spot gold rose 0.22% to $2331.90 per ounce. London copper fell more than 0.3%, while London tin rose ...
The U.S. June ISM Manufacturing Index contracted for the third consecutive month, with the price index posting its largest decline in over a year, reinforcing market bets on two rate cuts this year. Market attention is focused on Fed Chair Powell's speech on Tuesday and the June non-farm payrolls on Friday. The U.S. Supreme Court made a favorable ruling for Trump's presidential campaign, boosting the dollar and long-term Treasury yields. Wall Street advises preparing for the ...
Happy Monday, July 1st, the start of the year's second half and third quarter. Indexes traded higher Monday, while overall, there were more declining equities than advancing. Just after the 4 pm close, the$Dow Jones Industrial Average(.DJI.US)$climbed 0.13%, while the$S&P 500 Index(.SPX.US)$climbed 0.27% after hitting a fresh all-time high Friday at the close of the first half of the year. The$Nasdaq Composite Index(.IXIC.US)$similarly hit al...
On Friday, the U.S. May core PCE inflation increased by 2.6%, the lowest in more than three years. The short-term inflation outlook for U.S. consumers fell, temporarily lowering the dollar and U.S. Treasury yields, and boosting market bets on rate cuts. U.S. stocks fell on the last trading day of June. After hitting new highs during the session,$S&P 500 Index(.SPX.US)$and$Nasdaq Composite Index(.IXIC.US)$both closed lower along with$Dow Jones Industrial Average(.DJI.US)$, possibly ...
U.S. Stocks: Dow Jones down 0.12%, S&P 500 down 0.41%, Nasdaq down 0.71%. Bonds: The yield on the 10-year U.S. Treasury rose 9.59 basis points to 4.3823%, down 11.82 basis points for June, and up 50.32 basis points in the first half. The 2-year U.S. Treasury yield rose 2.07 basis points, hitting a daily high of 4.7327%, down 12.75 basis points in June, and up 48.28 basis points in the first half. Commodities: WTI August crude oil futures fell $0.20, or 0.24%, to $81.54 per ...
U.S. Stocks: The Dow rose 0.09%, the S&P 500 rose 0.09%, and the Nasdaq rose 0.30%. Bonds: By the end of the trading day, the yield on the U.S. 10-year Treasury was around 4.29%, down about 4 basis points for the day. The yield on the 2-year Treasury was around 4.71%, down nearly 4 basis points. Commodities: WTI August crude futures rose about 1%, closing at $81.74 per barrel. Brent August crude futures rose about 1.3%, closing at $86.39 per barrel. COMEX August gold futures...
Crude Oil Futures(AUG4) Forum
Dow Jones up 0.41%, S&P 500 up 0.62%, Nasdaq up 0.84%.
10-year U.S. Treasury yield down 3.56 basis points to 4.4257%. 2-year U.S. Treasury yield down 1.86 basis points to 4.7370%.
WTI August crude oil futures down $0.57 (0.68%) to $82.81/barrel. Brent September crude oil futures down $0.36 (0.42%) to $86.24/barrel. Spot gold down 0.11% to $2329.46/ounce. LME nickel down over 2%.
$Nasdaq Composite Index(.IXIC.US)$ $iShares Core S&P 500 ETF(IVV.US)$ $S&P 500 Index(.SPX.US)$ $Dow Jones Industrial Average(.DJI.US)$ $Bank of America(BAC.US)$ $Cboe/COMEX Gold Volatility Index(.GVX.US)$ $Crude Oil Futures(AUG4)(CLmain.US)$ $Occidental Petroleum(OXY.US)$
There were 7100 advancers and 4500 decliners on the market overall.
MACRO
Tuesday morning, Fed President Jerome Powell spoke at the ECB conference, saying there was progress on inflation,...
Dow Jones up 0.13%, S&P 500 up 0.27%, Nasdaq up 0.83%.
The yield on the 10-year U.S. Treasury rose 8.31 basis points to 4.4791%. The 2-year U.S. Treasury yield rose 1.46 basis points to 4.7681%.
WTI August crude oil futures rose $1.84, or 2.26%, to $83.38 per barrel. Brent September crude oil futures rose $1.60, or 1.88%, to $86.60 per barrel. Spot gold rose 0.22% to $2331.90 per ounce. London copper fell more than 0.3%, while London tin rose ...
Indexes traded higher Monday, while overall, there were more declining equities than advancing. Just after the 4 pm close, the $Dow Jones Industrial Average(.DJI.US)$ climbed 0.13%, while the $S&P 500 Index(.SPX.US)$ climbed 0.27% after hitting a fresh all-time high Friday at the close of the first half of the year.
The $Nasdaq Composite Index(.IXIC.US)$ similarly hit al...
U.S. stocks fell on the last trading day of June. After hitting new highs during the session, $S&P 500 Index(.SPX.US)$ and $Nasdaq Composite Index(.IXIC.US)$ both closed lower along with $Dow Jones Industrial Average(.DJI.US)$ , possibly ...
Dow Jones down 0.12%, S&P 500 down 0.41%, Nasdaq down 0.71%.
The yield on the 10-year U.S. Treasury rose 9.59 basis points to 4.3823%, down 11.82 basis points for June, and up 50.32 basis points in the first half. The 2-year U.S. Treasury yield rose 2.07 basis points, hitting a daily high of 4.7327%, down 12.75 basis points in June, and up 48.28 basis points in the first half.
WTI August crude oil futures fell $0.20, or 0.24%, to $81.54 per ...
The Dow rose 0.09%, the S&P 500 rose 0.09%, and the Nasdaq rose 0.30%.
By the end of the trading day, the yield on the U.S. 10-year Treasury was around 4.29%, down about 4 basis points for the day. The yield on the 2-year Treasury was around 4.71%, down nearly 4 basis points.
WTI August crude futures rose about 1%, closing at $81.74 per barrel. Brent August crude futures rose about 1.3%, closing at $86.39 per barrel. COMEX August gold futures...
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