Previous Close | 2.5600 |
Open | 1.2000 |
Bid | 1.0000 |
Ask | 1.1500 |
Strike | 1,990.00 |
Expire Date | 2023-06-16 |
Day's Range | 1.1000 - 1.4200 |
Contract Range | N/A |
Volume | |
Open Interest | 159 |
Are small cap stocks the new pain trade or could they cash in on the tech rally stemming from the AI hype bubble? F.L.Putnam Chief Market Strategist Ellen Hazen joins Yahoo Finance Live to detail cautious outlooks on artificial intelligence stocks or investors and the consumer staples the firm is trimming from its portfolio.
The Russell 2000 and small cap stocks are having a moment, and investors need to figure out whether it's a good idea to climb aboard or to avoid them — depending on whether they see a recession on the horizon or not.
(Bloomberg) -- For all the frenzy around AI, there’s a quiet investor backlash building against the tech oligarchy’s recent stock market run.Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsLeaving New York for Miami Can Save Nearly $200,000S&P 500 Enters Bull Market as Tech Rally Resumes: Markets WrapBonds Everywhere Suffer as Rate-Hike Fears Swamp TradersT Rowe Price Group Inc., Bank of America Cor
The S&P 500 and Nasdaq were set to open slightly higher on Thursday as Treasury yields slipped after data showed weekly jobless claims rose more than expected, countering some concerns about further interest rate hikes. The two-year Treasury yield, which tends to move in step with short-term rate expectations, slipped from one-week highs to 4.50% after a big jump in weekly jobless claims signaled a softening labor market.
U.S. stock index futures were largely flat on Thursday as government bond yields hovered near recent highs on worries that major central banks could keep raising interest rates. The benchmark S&P 500 and the tech-heavy Nasdaq closed lower on Wednesday, with megacap stocks leading declines as U.S. bond yields rose after the Bank of Canada (BoC) surprised markets with an interest rate hike. Microsoft Corp slipped marginally in premarket trading, while Apple Inc and Amazon.com Inc inched up after Wednesday's declines.
The Bank of Canada's resumption of interest rate rises after a four-month pause blurred the horizon for Federal Reserve policy somewhat too, reminding markets that central banks still see inflation as way too high and rate hikes are not done yet. It was enough to nudge borrowing rates back up slightly across the maturity spectrum and served a shot across the bow to otherwise buoyant stock markets and subdued risk gauges.
Small-cap stocks are playing catch up with the megacap tech rally. Yahoo Finance markets reporter Jared Blikre breaks down the market movement.
With U.S. stock market volatility back at pre-pandemic lows, you'd be forgiven for wondering where the market angst had gone. A widely expected pause in the Federal Reserve's brutal rate rise campaign next week is clearly helping the mood, with futures now showing only a one-in-five chance of another tightening on June 14.
With U.S. stock market volatility back at pre-pandemic lows, you'd be forgiven for wondering where the market angst had gone. A widely expected pause in the Federal Reserve's brutal rate rise campaign next week is clearly helping the mood, with futures now showing only a one-in-five chance of another tightening on June 14.
Apparently, what's potentially bad for the crypto market can be a boon for equities -- especially of the small-cap variety.
U.S. stocks closed up on Tuesday, helped by some advances in economically sensitive sectors, as investors awaited inflation data and the Federal Reserve's policy meet next week. Inflation data is expected to show consumer prices cooled slightly on a month-over-month basis in May but core prices are likely to have remained elevated, and the Fed is widely expected to hold interest rates.
The S&P 500 and Nasdaq rose on Tuesday as banks led a rally in economically sensitive sectors, while investors awaited inflation data and the Federal Reserve's policy meet next week. Inflation data is expected to show consumer prices cooled slightly on a month-over-month basis in May but core prices are likely to have remained elevated, while the Fed is widely expected to hold interest rates.
Binance shares sold off -9.5% directly following the lawsuit registered against the company by the SEC.
Though small-cap stocks underperformed the mega-cap stocks this year, things could turn in favor of the pint-sized stocks now.
World markets retained a warm afterglow from Friday's shining U.S. employment reading, with only minor gains in crude oil prices on Saudi Arabia's output cut clouding the picture. With the Federal Reserve moving into a blackout period ahead of a June 14 policy decision, futures markets only see just over a one-in-four chance of another rate hike this month - though one final quarter point rise in July is still largely priced.
Tomorrow morning's Employment Situation brings us the biggest economic report of the week, and arguably of the month.
While JOLTS illustrated a still-warm labor market, tech and retail companies reported Q1 earnings late.
(Bloomberg) -- The prospect of Apple Inc.’s first new product category in nearly a decade could hardly be attracting less of a fanfare on Wall Street.At a time when investors have been whipped into a frenzy over artificial intelligence, analysts are using words like “modest” and “lackluster” to describe projections for initial sales of a mixed reality headset that the iPhone maker is expected to unveil on June 5.The muted expectations are a stark contrast to the last time Apple entered a new mar
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Case-Shiller Home Price Index numbers are also out this morning, widely considered the strongest housing data in the industry.