Previous Close | 2.8100 |
Open | 2.8100 |
Bid | 1.6900 |
Ask | 4.7500 |
Strike | 3.00 |
Expire Date | 2024-06-14 |
Day's Range | 2.8100 - 2.8100 |
Contract Range | N/A |
Volume | |
Open Interest | 6 |
On today's episode of Catalysts, co-hosts Seana Smith and Madison Mills delve into various pivotal market developments, dissecting the ISM's manufacturing PMI data for the month of May, oil price dynamics (CL=F, BZ=F), and the top trending stocks. The Institute for Supply Management's (ISM) manufacturing Purchasing Managers' Index report revealed a slight decline in May. Saxo Bank Chief Global Equity Strategist Peter Garnry joins the show to provide insights on how markets are digesting this print and its implications for future interest rate cuts by the Federal Reserve. Meanwhile, OPEC+ extended its oil production cuts until 2025. Bob McNally, the founder and president of Rapidan Energy, joins the show to discuss the impact of this decision and delve into the macroeconomic factors currently influencing oil prices. Shifting gears, the show dives into the stock reactions of Yahoo Finance's top trending stocks, including tech titan Nvidia (NVDA), music streaming platform Spotify (SPOT), and aviation giant JetBlue (JBLU). This post was written by Angel Smith
JetBlue (JBLU) shares are climbing after the airline lifted the bottom end of its second quarter revenue guidance, citing healthy travel demand. Yahoo Finance's Seana Smith and Madison Mills break down the latest earnings as the travel industry faces increased demand. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl
American Airlines told an appeals court Monday would consider a new arrangement with JetBlue Airways if it wins a ruling reversing a May 2023 decision requiring it to end an alliance. U.S. District Judge Leo Sorokin ruled in the airlines' "Northeast Alliance" (NEA) that allowed the two carriers to coordinate flights and pool revenue violated antitrust law.