Jerome Powell, futures and s&p 500
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S&P 500 futures are down 0.3%. Dow Jones Industrial Average futures are dipping 0.3%. Nasdaq 100 futures are slipping 0.4%. On Tuesday, the Dow Jones Industrial Average rose 10 points, or 0.02%, to 44922,
Futures for the main stock indexes were mostly pointing down after the so-called Magnificent Seven stocks slid for a second day on Wednesday. The group of highly valued technology stocks–Amazon, Apple,
Stock futures are pointing to a slightly lower open for major indexes on Wednesday as investors respond to a slew of earnings reports from retailers and brace for a big speech later in the week by Federal Reserve Chair Jerome Powell.
Bitcoin surged off key support after Powell hinted at rate cuts, triggering $375M in liquidations as ETH led gains with a 10% rally.
BEIJING, Aug 22 (Reuters) - Prices of lithium carbonate futures in China slid by more than 3% on Friday to hit their lowest in two weeks. The most active lithium carbonate futures on the Guangzhou Futures Exchange touched the lowest level since August 8 at 78,720 yuan ($10,957) per metric ton.
Traders appeared more certain that the Federal Reserve will cut interest rates at its monetary-policy meeting next month as Fed Chair Jerome Powell delivered remarks Friday at the annual Jackson Hole Economic Policy Symposium in Wyoming.
Prices this month have risen more than 30 per cent to above US$12,530, before paring monthly gains to around 21 per cent as of Thursday.
22hon MSN
In niche wheat futures market, rebooted legacy contract fends off new offering from giant rival
By Julie Ingwersen and Karl Plume CHICAGO (Reuters) -In a head-to-head contest in a small corner of agricultural futures markets, a legacy spring wheat contract that has traded for more than 140 years is fending off a challenge from a competing contract launched this spring by CME Group,