XLU Jun 2024 59.000 put
| Previous Close | 0.0400 |
| Open | N/A |
| Bid | 0.0100 |
| Ask | 0.2300 |
| Strike | 59.00 |
| Expire Date | 2024-06-07 |
| Day's Range | 0.0400 - 0.0400 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 450 |
Yahoo FinanceWall Street's biggest bear flips, raises S&P 500 price target by 20%
Morgan Stanley chief investment officer Mike Wilson believes an improving growth outlook and an earnings rebound will drive the S&P 500 higher over the next year.
- Yahoo Finance Video
Market trends, BOJ's yen move, 'R' dilemma: Stocks in Translation
Stocks (^GSPC, ^IXIC, ^DJI) have been on the rise as first quarter earnings boost market sentiment. Sectors such as utilities (XLU), energy (XLE), and technology (XLK), have emerged as the driving forces behind these market gains. However, the question arises: can this momentum be sustained? The Japanese yen (6J=F) has witnessed a resurgence thanks to the likely intervention of the Bank of Japan. This move by the central bank is aimed at strengthening the yen, but it raises questions about the potential implications for global markets. Additionally, a notable theme emerges: sectors and industries starting with the letter 'R' – rates, regionals, retail, and more – seem to be lagging behind their counterparts. This begs the question: what underlying factors are contributing to the underperformance of these 'R' names? Yahoo Finance's Jared Blikre is joined by Evercore ISI Head of Technical Analysis Rich Ross and Yahoo Finance Producer Sydnee Fried for the latest edition of Stocks In Translation. Together, they delve into the catalysts propelling market gains, the historical implications of the suspected yen intervention for investors, interest rate-sensitive sectors, and more. This post was written by Angel Smith
Yahoo FinanceUtility stocks are on fire — here are Wall Street analysts' top picks
Utility stocks are outperforming the broader markets. Here's a look at three top picks from analysts.
