I:RUT Dec 2024 2600.000 put
| Previous Close | 574.60 |
| Open | 574.60 |
| Bid | 456.30 |
| Ask | 463.00 |
| Strike | 2,600.00 |
| Expire Date | 2024-12-20 |
| Day's Range | 574.60 - 574.60 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 14 |
- Reuters
GLOBAL MARKETS-Stocks jump, yields drop as Fed cut hopes bloom
A gauge of global stocks rallied while Treasury yields fell on Friday after a U.S. payrolls report was softer than anticipated, easing concerns the Federal Reserve would keep interest rates higher for longer. Nonfarm payrolls rose by 175,000 last month, the lowest since October 2023, and short of the 243,000 estimate of economists polled by Reuters. Recent data on inflation and the labor market had fueled concerns the Fed could would be forced to keep rates higher for longer than the market was anticipating, or even raise rates again.
Investor's Business DailyDow Soars On Jobs Surprise, Apple's Earnings And Record Buyback; Warren Buffett's Berkshire Hathaway Next
Stocks soared after April's jobs data was not as strong as expected. Apple rocketed after big buyback plans while Warren Buffett's Berkshire Hathaway heads into earnings.
ReutersUS small caps struggle as elevated interest rates take a toll
The prospect of interest rates remaining elevated as the Federal Reserve battles inflation is further clouding the outlook for shares of smaller U.S. companies, which have lagged broader markets this year. Small cap stocks surged at the end of 2023, as expectations grew that the Fed was done raising interest rates and would soon begin easing monetary policy. But stubbornly strong inflation has eroded prospects of rate cuts this year, and small cap stocks have suffered as a result.
