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Stocks Climb on a Strong Forecast from Micron

1 month ago
The S&P 500 Index ($SPX ) (SPY ) is up by +0.17% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.40%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.15%. December E-mini S&P futures (ESZ26 ) are up +0.13%, and December E-mini...

Stocks Climb on a Strong Forecast from Micron

1 month ago
The S&P 500 Index ($SPX ) (SPY ) is up by +0.17% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.40%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.15%. December E-mini S&P futures (ESZ26 ) are up +0.13%, and December E-mini...

Dollar Rallies on Higher T-note Yields and US Economic Strength

1 month ago
The dollar index (DXY00 ) rallied to a near 1.5-year high today, up +0.34%. Soaring T-note yields are strengthening the dollar’s interest rate differentials after the 10-year T-note yield rose to a 24-year high of 5.34% today. Also, signs of strength in the US labor market are hawkish for Fed...

Cattle Look to Thursday After Wednesday Rally

1 month ago
Live cattle futures saw gains of $1.30 to $2.15 across the board on Wednesday. Open interest was up 1,377 contracts. Cash trade saw some light $348-350 dressed action in the North so far this week as reported by USDA, with live sales at $219-219.50. The Wednesday Fed Cattle Exchange online...

Hogs Look to Thursday Trade

1 month ago
Lean hog futures saw weakness on Wednesday, with contracts 7 to 65 cents lower across the board. Open interest was down 942 contracts. USDA’s national base hog price was tallied at $77.72 in the Wednesday PM report, down $1.02 from the day prior. The CME Lean Hog Index was down...

Wheat Pushing Higher on Thursday

1 month ago
Wheat bulls are trying to battle back on Thursday morning, with 4 to 7 cent gains. The wheat complex ignored USDA Grain Stocks report showing tighter stocks on Wednesday, posting losses across the three exchanges. Chicago SRW closed the day with contracts down 5 ½ to 17 cents to lead...

Corn Starting Thursday on the Steadier Side

1 month ago
Corn price action is up 1 to 2 cents so far on Thursday. Futures were under pressure on Wednesday following USDA’s quarterly stocks report with front months down 18 ¼ to 21 ¼ cents and 2027 crop contracts steady to 9 ¼ cents lower. New short interest was noted, with...
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