Futures contract News & Breaking Stories

Dow closes above 40,000 for the first time, Nvidia set to report earnings, metals prices near record highs, Fed dominates.

Dogecoin metrics show bullish signs with increased derivatives trading volume and open interest, but price remains stagnant, worrying investors.

Inflation remains high despite avoiding recession post-pandemic. Experts predict gradual decrease in prices, uncertainty over interest rate cuts in 2024.

Cryptocurrency analyst predicts significant gains for Dogecoin, with potential to hit $1 mark, fueled by recent surge and increased interest.

Asian markets fell as US stock indexes closed in the red ahead of key inflation data. Indian GDP data to be released.

Oil prices edge down following U.S. Federal Reserve comments and Middle East tensions, with uncertainty in demand and market surplus forecasted.

Soybean and corn futures hit three-year lows due to fund selling and increased U.S. supplies, with markets down 10% this year.

Former NBA player Tony Snell's story of wanting to get health insurance for his sons has gone viral.

Prominent crypto analysts predict Ethereum could surge to over $3,000, citing its unique advantages and strategic partnerships in the market.

"Stock futures slip ahead of economic data, but Wall Street hopes for rate cuts. U.S. markets back to 12-month highs."

Hedge funds are exiting their short positions at a rapid pace, signaling a potential market resurgence and a rebalancing of US dollar longs.

Tesla, CVS Health, and Qualcomm were the top performers on the S&P 500, while Rtx Corp, JM Smucker Company, and Newell Brands were the worst performers. Rising stocks outnumbered declining ones on the NYSE and Nasdaq. Shares in Rtx Corp, JM Smucker Company, Walgreens Boots Alliance, Intel Corporation, Tenon Medical, Crinetics Pharmaceuticals, and Solowin Holdings either reached 52-week lows or all-time lows. The CBOE Volatility Index was down, while gold futures and crude oil prices fluctuated.

Global shares and the dollar rise after US consumer price inflation moderates, boosting hopes of the Fed's rate-hiking cycle nearing its end.

Financial markets rally as US Consumer Price Index (CPI) matches estimates, increasing expectations of a Fed rate pause.

Gasoline prices in the US have reached a national average of $3.732 per gallon, with analysts warning that prices may continue to rise. The increase is attributed to rising oil prices, heat-related refinery outages in Louisiana and Texas, and tight gasoline supply. The market has also seen increased buying of gasoline futures contracts by speculators ahead of the hurricane season. Higher wholesale prices are expected to lead to higher retail prices in the coming weeks, but prices may pause or reverse if the hurricane threat dissipates.

Dollar falls as Fed raises rates, leaving room for more hikes.

Wall Street sees gains, but mixed results from Netflix and Tesla.