US Stock market open 8 February 2016
- S&P -17pts to 1863
- Dow -103pts to 16101
- Nasdaq -73pts to 4290
US 10 year yields 1.78% -5bp
The opening levels look to be near the highs of the day
US 10 year yields 1.78% -5bp
The opening levels look to be near the highs of the day
Most Popular
Gold & silver rebound 10%+ after historic drop, luring dip buyers. Watch for continued volatility!
Investor views on a potential Warsh-led Fed remain mixed, with rate futures still pricing two cuts this year. While some see scope for a dovish productivity-led narrative, others remain cautious, leaving pricing steady but conviction limited.
Cotton futures dip 36 pts as ICE stocks rise. Coffee prices tumble on Brazil rains, while oil jumps $1.76 on geopolitical tensions.
Live cattle futures jump $2.10-$2.40 on strong cash trade; feeder cattle up $1.57-$2.05. Boxed beef mixed.
Lean hog futures rally $1.55 on strong USDA hog price; pork cutout up $1.67. Watch slaughter numbers!
Corn futures climb 2-3 cents on record ethanol use & South Korean import. Traders eye EIA data for output shifts.
Wheat futures mixed; SRW steady, HRW fractionally mixed, spring wheat down. Coffee rebounds on short covering.
Must Read