The likelihood of a Fed interest rate hike next week just got a lot higher
Traders pushed chances for a rate increase to 70% in morning action.
310 headlines. Of the 244 with a specific market target, 113 were positive, 68 negative and 63 neutral — overall mood leaning optimistic. Most mentioned: SPY, UST10Y, AAPL.
Traders pushed chances for a rate increase to 70% in morning action.
Treasury yields moved higher on Thursday as U.S. oil prices hit $100 per barrel.
October WTI crude oil (CLV26 ) is up +5.67 (+5.90%) on Wednesday, and October RBOB gasoline (RBV26 ) is up +0.1572 (+4.90%). Crude oil and gasoline prices are sharply higher today, with crude oil posting a 3.5-month high and gasoline…
The central bank is contending with rising prices, the consequences of the U.S.-Iran war and surging government borrowing costs.
Mexico’s government is slashing financial assistance for the state energy major by as much as 70% despite Pemex’s continued struggle to pay down debt and boost production. The decision rests on expectations that the company will benefit…
October WTI crude oil (CLV26 ) closed up +6.43 (+6.69%) on Thursday, and October RBOB gasoline (RBV26 ) closed up +0.1826 (+5.69%). Crude oil and gasoline prices surged on Thursday, with crude oil posting a 3.5-month high and gasoline…
The Treasury market’s painful rout intensified Thursday, after an underwhelming auction of 30-year U.S. government debt and Treasury Secretary Scott Bessent’s first beefed-up buyback operation.
The S&P 500 Index ($SPX ) (SPY ) closed down -0.58% on Thursday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.60%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.08%. E-mini S&P futures (ESU26 ) fell -0.61%,…
The S&P 500 Index ($SPX ) (SPY ) is down -0.54% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.32%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.96%. E-mini S&P futures (ESU26 ) are down -0.50%, and September…
Live cattle futures are 37 cents higher to 20 cents at midday Cash trade has yet to get kicked off this week. The Wednesday Fed Cattle Exchange showed no sales on the 952 head offered, with $220 live bids. Feeder cattle futures are 25…
Corn futures are trading with Thursday midday gains of 3 to 4 cents, getting a bounce from the Wednesday weakness. There were 319 deliveries against September corn overnight. The CmdtyView national average Cash Corn price is up 3 1/2…
The dollar index (DXY00 ) rose by +0.26% on Thursday. The dollar moved higher on Thursday amid the +6% surge in WTI crude oil to a 3.5-month high, which boosted inflation expectations and could persuade the Fed to raise interest rates.…
U.S. President Donald Trump has undertaken the most aggressive federal intervention in the critical minerals and rare earth sectors ever since he returned to the Oval Office, announcing a flurry of deals as Washington desperately tries…
The S&P 500 Index ($SPX ) (SPY ) is down -0.42% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.43%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.69%. E-mini S&P futures (ESU26 ) are down -0.40%, and September…
“Diesel touches everything in the economy,” one analyst says.
The three major averages are heading for a losing week as higher oil prices and a surge in Treasury yields weigh on stocks.
CNBC's Jim Cramer said the 30-year Treasury yield is a key force driving stocks as it climbs to roughly 5.3%.
Cotton futures are getting spillover strength on Thursday, as WTI crude tops $100, with cotton contracts up 66 to 95 points at midday. Crude oil is rallying $5.29 per barrel higher on the session, with the US dollar index up 190 points.…
December arabica coffee (KCZ26 ) is down -2.50 (-0.86%) today, and November ICE robusta coffee (RMX26 ) is up +56 (+1.61%). Coffee prices are mixed today, with arabica falling to a 7-week low and robusta climbing to a 1-week high. The…
Soybeans are rallying 18 to 20 cents across most contracts at midday. The cmdtyView national average Cash Bean price is up 19 cents at $12.70. Soymeal futures are trading with $5.30 gains, as Soy Oil is rallying 116 points. There were…
Wireless carriers are rolling out their initial iPhone promotions, but analysts say there’s no price war just yet.
SpaceX has set an ambitious revenue target and a newly disclosed computing-power deal could get the company a bit nearer to its goal.
Lean hog futures are showing 27 cent gains to 25 cent losses at midday. USDA’s national base hog price was not reported on Thursday morning due to thin volume. The CME Lean Hog Index was down another 86 cents on September 8 at $88.79.…
The dollar index (DXY00 ) is up by +0.20% today. The dollar is moving higher today amid the +3% surge in WTI crude oil to a 3.5-month high, which is boosting inflation expectations and could persuade the Fed to raise interest rates.…
Large caps tend to outperform small caps as year’s end approaches.
Mexico’s government is slashing financial assistance for the state energy major by as much as 70% despite Pemex’s continued struggle to pay down debt and boost production. The decision rests on expectations that the company will benefit…
The company saw its backlog grow even more in the latest quarter.
October Nymex natural gas (NGV26 ) on Thursday closed up +0.012 (+0.43%). Nat-gas prices rebounded from a 2-week low on Thursday and settled higher. Short covering emerged in nat-gas on Thursday, supported by carryover from a rally in…
December arabica coffee (KCZ26 ) closed down -3.90 (-1.34%) on Thursday, and November ICE robusta coffee (RMX26 ) closed up +82 (+2.36%). Coffee prices are mixed today, with arabica falling to a 7-week low and robusta climbing to a…
October NY world sugar #11 (SBV26 ) closed up +0.33 (+1.79%) on Thursday, and October London ICE white sugar #5 (SWV26 ) closed up +4.00 (+0.75%). Sugar prices rallied on Thursday, with NY sugar posting a 1-week high and London sugar…
October WTI crude oil (CLV26 ) closed up +6.43 (+6.69%) on Thursday, and October RBOB gasoline (RBV26 ) closed up +0.1826 (+5.69%). Crude oil and gasoline prices surged on Thursday, with crude oil posting a 3.5-month high and gasoline…
Oracle's results for the quarter came in stronger than expected, as did its revenue backlog.
October NY world sugar #11 (SBV26 ) is up +0.35 (+1.90%) today, and October London ICE white sugar #5 (SWV26 ) is up +4.30 (+0.80%). Sugar prices are climbing today, with NY sugar posting a 1-week high and London sugar posting a…
Anthropic released a report saying it blocked attempts to use its chatbot Claude to conduct activity that could have led to the use of biological weapons.
OPEC now expects global oil demand growth to jump from just 380,000 barrels per day this year to 2.36 million bpd in 2027—a more than sixfold increase in the space of a year. The cartel trimmed its 2026 demand-growth forecast in its…
Nvidia CEO Jensen Huang, Uber CEO Dara Khosrowshahi, and SpaceX CFO Bret Johnsen are set to speak at the Goldman Sachs Communacopia + Technology Conference.
December ICE NY cocoa (CCZ26 ) closed up +11 (+0.18%) on Thursday, and December ICE London cocoa #7 (CAZ26 ) closed up +29 (+0.67%). Cocoa prices settled higher for a second day on Thursday amid carryover support from Wednesday when…
More Top Reads From Oilprice.com Diesel Crunch Set to Worsen as Refining Capacity Falls Short, Industry Warns Russia Strikes Moldova Border as Ukraine Hits Black Sea Port Permian Gas Has Been Worth Less Than Nothing for 118 Days This Year
Here are some of the companies making headlines in extended trading.
“In this environment you can’t just meet” expectations, an analyst says
Ford Motor on Thursday announced a $1 billion investment to build a new paint shop at its crucial truck plant in Kentucky.
Soybeans are trading 8 to 9 cents higher early on Thursday. Futures were weaker on Wednesday, with contracts down 3 to 7 ¼ cents. Open interest rose 16,832 contracts on Wednesday, mainly in July (+10,803). The cmdtyView national average…
Health policy experts said the refunds are unlikely to defray steep premium increases following the lapse of enhanced ACA subsidies.
In trading on Thursday, shares of the Invesco China Technology ETF (Symbol: CQQQ) entered into oversold territory, changing hands as low as $46.02 per share. We define oversold territory using the Relative Strength Index, or RSI, which…
In trading on Thursday, shares of the Global X MSCI China Consumer Discretionary ETF (Symbol: CHIQ) entered into oversold territory, changing hands as low as $16.22 per share. We define oversold territory using the Relative Strength…
In trading on Thursday, shares of the Capital Group Short Duration Municipal Income ETF (Symbol: CGSM) entered into oversold territory, changing hands as low as $26.04 per share. We define oversold territory using the Relative Strength…
The company raised prices on its phone but might still have to eat costs itself, analysts say.
Generation Z and young millennials are navigating major shifts in the economy that have made it harder to build wealth the way Americans did in the past.
Rising healthcare costs have been a major issue for lawmakers and patients in recent years.
Stocks dropped Thursday after U.S. oil prices topped $100 a barrel.