Negative session but closing off its lows 6 May 2016
- -40.66
- open 16212.67
- high 16271.61
- low 15989.35
- USDJPY 107.22 still range-bound
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Wall Street warns 2 popular stocks may plummet 54-74% by 2026. Traders eye risk & valuation.
NY sugar dips 0.78% on profit-taking; Brazil's 2026/27 output forecast to fall -3.91%. India's production surge adds bearish pressure.
SIDU rockets 218% on defense contract! Retail investors stay bullish despite valuation concerns.
Cocoa futures see liquidation pressure, but index buying & low inventories offer support. Global deficit narrows.
Coffee futures rally on Brazil heatwave fears & tight ICE inventories, but Vietnam's robusta surge caps gains.
Dow, Nasdaq, S&P500 dip slightly; SOX gains 0.045%. Traders eye mixed signals, low volatility.
Retirement dreams dim: 48% fear not hitting $1M goal. Rising costs push many back to work in '26.
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