The market ratcheted higher Monday, leading to all-time highs and closing highs for two indexes. Despite Hong Kong stock pullbacks,$NVIDIA (NVDA.US)$climbed to a record closing high, and record price right before the bell. The market continued flat Monday morning, but outsized index climbers pushed the S&P 500 and Dow toward new record high closes. Just after the close, the$S&P 500 Index (.SPX.US)$climbed 77 bps to a...
Good morning, traders. Happy Monday, October 7th, the air was dark and chilly in Jersey City, and the market was falling but individual stocks were flying on the news. Last week was a volatile one, this week will see updated CPI inflation numbers and the start of the Q3 earnings season. My name is Kevin Travers; here are stonks and stories you have to know about on Wall Street today. $Hims & Hers Health (HIMS.US)$shares are trading 9...
The Federal Reserve kicked off this round of monetary easing with a significant 50 bp rate cut on Wednesday. Although the market showed a muted response that day, on Thursday, with the US initial jobless claims data reinforcing expectations of an economic soft landing, the market confidently began to revel in the rate cut, with the$S&P 500 Index (.SPX.US)$hitting its 39th new high of the year and closing above 57...
I. First Major Rate Cut (January 2001 to June 2003) – Duration: January 2001 to June 2003 – Rate Reduction: From 6.5% to 1.0% – Reasons for Rate Cut: 1) Burst of the Internet bubble. 2) Impact of the 9/11 attacks. – Russell 2000 vs. S&P 500: Russell 2000 outperformed. II. Second Major Rate Cut (September 2007 to December 2008) – Duration: September 2007 to December 2008 – Rate Reduction: From 5.25% to 0.25% – Reasons for Rate Cut: 1) ...
In the vast ocean of investments, every Federal Reserve decision acts like a lighthouse signal, guiding the flow of capital. At the September FOMC meeting, the Fed announced a "significant" rate cut of 50 basis points, marking the end of the rate-hiking cycle that began in March 2022. So, what does the Fed's first 50bp rate cut mean? How will the future rate cut path evolve? As investors, what trading strategies...
The Federal Reserve's unexpected decision to cut interest rates by half a percentage point has injected fresh optimism into the U.S. stock market, particularly benefiting small-cap and mid-cap stocks. The$Russell 2000 Index (.RUT.US)$, which tracks small-market-value companies, surged over 2% on Thursday, while mid-cap stocks also managed to secure modest gains. Market strategists had predicted that a substantia...
The Federal Reserve on Wednesday implemented its first rate cut in over four years, reducing the benchmark rate by 50 basis points to a range of 4.75%-5%. The move surpassed Wall Street's expectations. Analysts had generally anticipated a 25 basis point cut, while the futures market had priced in a 61% probability of a 50 basis point cut and a 39% probability of a 25 basis point reduction. Market Response to First Rate Cut St...
Paul 1968
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The labor market is not strong, it's election time and they want everything to look good so that they can keep the one's in power right where they are at.
Micro E-mini Russell 2000 Index Futures Current Contract Forum
The market continued flat Monday morning, but outsized index climbers pushed the S&P 500 and Dow toward new record high closes.
Just after the close, the $S&P 500 Index (.SPX.US)$ climbed 77 bps to a...
Just past 4 pm ET the $S&P 500 Index (.SPX.US)$ traded down 0.96%, the $Dow Jones Industrial Average (.DJI.US)$ fell 0.94%, and the $Nasdaq Composite Index (.IXIC.US)$ fell 1.18%.
MACRO
Last week was a volatile one, but this week, we wil...
My name is Kevin Travers; here are stonks and stories you have to know about on Wall Street today.
$Hims & Hers Health (HIMS.US)$ shares are trading 9...
– Duration: January 2001 to June 2003
– Rate Reduction: From 6.5% to 1.0%
– Reasons for Rate Cut: 1) Burst of the Internet bubble. 2) Impact of the 9/11 attacks.
– Russell 2000 vs. S&P 500: Russell 2000 outperformed.
II. Second Major Rate Cut (September 2007 to December 2008)
– Duration: September 2007 to December 2008
– Rate Reduction: From 5.25% to 0.25%
– Reasons for Rate Cut: 1) ...
So, what does the Fed's first 50bp rate cut mean? How will the future rate cut path evolve? As investors, what trading strategies...
Market strategists had predicted that a substantia...
The move surpassed Wall Street's expectations. Analysts had generally anticipated a 25 basis point cut, while the futures market had priced in a 61% probability of a 50 basis point cut and a 39% probability of a 25 basis point reduction.
Market Response to First Rate Cut
St...
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