SOXX Jun 2024 171.670 call
| Previous Close | 56.00 |
| Open | 56.00 |
| Bid | 42.00 |
| Ask | 51.80 |
| Strike | 171.67 |
| Expire Date | 2024-06-21 |
| Day's Range | 56.00 - 56.00 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 39 |
- Yahoo Finance Video
Short-term market dynamics are 'relatively narrow': Strategist
Chip stocks have captured the attention of investors after becoming the heaviest-weighted sector within the S&P 500 (^GSPC) for the first time in history. BMO Wealth Management US Chief Investment Officer Yung-Yu Ma joins Morning Brief to share his insights on the market outlook. Ma suggests that "the enthusiasm for AI is going to come and go in waves," acknowledging the unpredictable nature of sentiment shifts in the sector. He notes that it's "difficult to predict" exactly when and what developments will influence investor sentiment. While Ma believes that the "productivity gains and benefits from AI" will be enough to sustain continued gains in companies that contribute to the technology, he anticipates "a choppy path forward." Regarding market rotation, Ma expresses concern about the current trend, stating: "It's certainly concerning in the short-term that we're seeing a relatively narrow market, and that narrowness has been increasing recently and really driven by fewer stocks... that's not what you want to see for market health." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
- Yahoo Finance Video
Stocks hover above flatlines to kick off June trading
The three major market averages (^DJI, ^IXIC, ^GSPC) open Monday — the first trading session of June — slightly above their flatlines. Morning Brief Hosts Seana Smith and Brad Smith monitor the market action after the opening bell, while Yahoo Finance Senior Markets Reporter Jared Blikre observes movements across sectors and within the 10-year Treasury yield (^TNX) and the semiconductor space. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Dow opens lower by over 300 points, stocks eye rate outlook
The Dow Jones Industrial Average (^DJI) sinks by over 300 points at the get-go after Thursday's market open, the Nasdaq Composite (^IXIC) and the S&P 500 (^GSPC) are also slipping lower. The Morning Brief's Brad Smith and Seana Smith monitor the market action following the opening bell, including Treasury yield (^TYX, ^TNX, ^FVX) movements on the latest GDP (Gross Domestic Product) print. Yahoo Finance Senior Markets Reporter Jared Blikre compares the weekly average so far of the market indexes. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
