Cotton futures posted a 3 cent limit gain in the July contract on Wednesday, with other contracts up 68 to 220 points. ICE did expand limits to 4 cents for the Thursday session. The outside market factors are again not supportive, with crude oil $1.32 lower and the US dollar...
Corn futures ended the Wednesday session with contracts showing fractional to 3 ¼ cent gains. June serial options expire against the July contract on Friday. The weekly EIA petroleum report showed 1.019 million barrels per day in ethanol production during the week that ended on May 17, a 19,000 bpd...
Soybeans turned back higher on Wednesday, with contracts up 4 to 10 cents across most months led by the nearbys. Soymeal futures were up $2 to $5.90/ton across most contracts on the midweek session. Soy Oil saw marginal gains of 2 to 7 points in the front months, with deferred...
The wheat complex posted early strength on Wednesday, but quickly faded off for losses at the close. Chicago contracts hit a 10-month high in the front month continuation chart overnight, but posted losses of 4 ½ to 7 ¾ cents. Kansas City futures were down 2 to 4 ½ cents...
Live cattle ended the Wednesday session with contracts up $1 to $1.50 across the borad. Cash trade this week has been quiet so far, with a few light trades of $192 in the north and $187 in the South, though nothing to establish a trend. The Wednesday Fed Cattle Exchange...
In trading on Wednesday, shares of AvidXchange Holdings Inc (Symbol: AVDX) crossed below their 200 day moving average of $10.92, changing hands as low as $10.89 per share. AvidXchange Holdings Inc shares are currently trading off about 0.5% on the day. The chart below shows th
The most recent trading session ended with Byrna Technologies Inc. (BYRN) standing at $10.98, reflecting a -1.7% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily loss of 0
The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -0.27%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.51%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.05%. US stock indexes on Wednesday closed moderately lower, with the Dow Jones Industrials falling...
Wednesday, May 22nd, 2024Markets closed in negative territory across the board today. After a rather uneventful morning that saw major indices tread water at the breakeven point with yesterday’s close, the FOMC minutes from the Ap
In the latest market close, Pure Storage (PSTG) reached $60.31, with a +0.67% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.27%. Meanwhile, the Dow experienced a
The latest trading session saw Prologis (PLD) ending at $109.22, denoting a -1.25% adjustment from its last day's close. This change lagged the S&P 500's 0.27% loss on the day. At the same time, the Dow lost 0.51%, and the tec
The most recent trading session ended with Lockheed Martin (LMT) standing at $469.71, reflecting a +0.3% shift from the previouse trading day's closing. The stock outperformed the S&P 500, which registered a daily loss of 0.27
Snowflake Inc. (SNOW) came out with quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.15 per share a year ago. These figures are adjusted for non-recurr
E.l.f. Beauty (ELF) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.42 per share a year ago. These figures are adjusted for non-recurrin
The dollar index (DXY00 ) Wednesday rose by +0.28% and posted a 1-week high. Higher T-note yields Wednesday supported moderate gains in the dollar. Also, the weakness in stocks on Wednesday boosted some liquidity demand for the dollar. The dollar extended its gains Wednesday afternoon on the hawkish minutes of...
Earlier this month, Zeekr went public and joined the long list of publicly traded Chinese EV companies. What's the forecast for ZK stock amid the ongoing price war in the Chinese EV industry?
July WTI crude oil (CLN24 ) Wednesday closed down -1.09 (-1.39%), and July RBOB gasoline (RBN24 ) closed down -3.95 (-1.58%). Crude oil and gasoline prices Wednesday fell to 1-week lows and closed moderately lower. Wednesday's rally in the dollar index (DXY00 ) to a 1-week high was negative for...
June Nymex natural gas (NGM24 ) on Wednesday closed up +0.171 (+6.40%). June nat-gas prices Wednesday rallied to a new 4-month nearest-futures high and closed sharply higher. Nat-gas prices surged Wednesday on forecasts for hot temperatures later this week in Texas, the US Midwest, and the Northeast, which will boost...