Cotton price action is up 62 to 68 points early on Thursday, as October expires today. Futures posted Wednesday losses of 21 to 118 points at the close. Crude oil was down 50 cents per barrel on the session, with the US dollar index $0.440 higher. The Seam reported sales...
Lean hog futures saw weakness on Wednesday contracts falling $1 to $2.42 at the close. Open interest was down 2,300 contracts. USDA’s national base hog price was at $72.44 in the Wednesday PM report, down $3.30 from the day prior. The CME Lean Hog Index was down another 41 cents...
The dollar index (DXY00 ) rose by +0.41% on Wednesday, just below Monday’s 1.5-year high. Higher T-note yields on Wednesday strengthened the dollar’s interest rate differentials as the 10-year T-note yield rose to a 24-year high of 5.36%. Also, hawkish minutes from the September 15-16 FOMC meeting supported the dollar....
Corn price action is just fractionally higher on Thursday morning. Futures faded back some of the Tuesday rally, posting Wednesday losses of 2 to 6 cents across most contracts. Open interest was up 8,943 contracts on Wednesday, mainly in the March contract. The CmdtyView national average Cash Corn price was...
The dollar index (DXY00 ) rose by +0.41% on Wednesday, just below Monday’s 1.5-year high. Higher T-note yields on Wednesday strengthened the dollar’s interest rate differentials as the 10-year T-note yield rose to a 24-year high of 5.36%. Also, hawkish minutes from the September 15-16 FOMC meeting supported the dollar....
Corn price action is just fractionally higher on Thursday morning. Futures faded back some of the Tuesday rally, posting Wednesday losses of 2 to 6 cents across most contracts. Open interest was up 8,943 contracts on Wednesday, mainly in the March contract. The CmdtyView national average Cash Corn price was...
Abhijeet Dipke started the movement as a joke. But after ousting a minister over a dysfunctional college entrance exam system, India’s youth say they now want to save democracy.
On this episode of Stock Movers:
- PepsiCo (PEP) shares are lower after the company decreased its profit outlook, with its recovery in North America taking longer than expected. PepsiCo faces higher costs in North America that are weighing on margins, and will be raising some prices in the coming months after cutting prices on some marquee brands earlier this year.
- Microsoft (MSFT) shares are following news the company's Xbox unit is formalizing its film and TV foray with a new division called XP to expand its franchises into other media.
- Levi Strauss (LEVI) is lower after it posted the slowest growth in its direct-to-consumer channels since late 2022, in part due to a marketing misstep. The company expects direct-to-consumer growth for the current quarter to increase by a mid-single digit, after changing its marketing to focus on low-rise jeans. (Source: Bloomberg)
New York’s lawsuit against the company is one of more than two dozen cases brought by states accusing the social media giant of designing its platform to encourage addictive use among children.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI Brazil ETF (Symbol: EWZ) where we have detected an approximate $940.6 million dollar inflow -- that's a 9.5% increase week over week in
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI Brazil ETF (Symbol: EWZ) where we have detected an approximate $940.6 million dollar inflow -- that's a 9.5% increase week over week in
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI Brazil ETF (Symbol: EWZ) where we have detected an approximate $940.6 million dollar inflow -- that's a 9.5% increase week over week in
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI Brazil ETF (Symbol: EWZ) where we have detected an approximate $940.6 million dollar inflow -- that's a 9.5% increase week over week in