First Look
Stocks are relatively quiet Monday morning. Bonds are falling as markets seem to be coming around to the idea that strong economic data likely means the Federal Reserve will feel less pressure to lower interest rates. Current positioning suggests two cuts this year, down from three as recently as last week. Inflation data will be released later this week and earnings season starts on Friday. The Nasdaq is up 0.011%, the S&P is up 0.01%, and the Dow Jones is up 0.009%.
Today's Sentiment
NeutralQuote of the Day
What keeps you going isn't some fine destination but just the road you're on, and the fact that you know how to drive.
Barbara Kingsolver
Daily Action Trade
Stocks on the Move
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Lower
Upgrades & Downgrades
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Losers
International Markets
Stocks in Asia are mixed. The Nikkei 225 is up 0.91%, the Australia ASX All Ordinaries is up 0.2%, the Mumbai Sensex (S&P BSE SENSEX) is up 0.03%, the Hang Seng is down 0.01%, and the Shanghai SE Composite Index is down 0.18%. In Europe, stocks are up. The CAC 40 is up 0.6%, the DAX is up 0.53%, the Euro Stox 50 is up 0.45%, and the FTSE 100 is up 0.3%.
Futures & Currencies
Energy futures are down today. The price for West Texas Intermediate crude oil is down $0.44 at $86.21 per barrel. Brent crude is down $0.15 at $90.42 per barrel. Natural Gas is down $0.01 at $1.78. Precious metals are up this morning. Gold is up $6.64 at $2336.4 per ounce. Platinum is up $11 at $940.5, while silver is up $0.31 at $27.82. The dollar is up compared to the major currencies today. The greenback is up against the euro, up against the Yen, and up against the Pound. Bitcoin is up 4.32% to $72,207.55, while Ethereum is up 6.89% to $3,620.52.
Put/Call Ratio
Yesterday, 4,448,413 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 5,286,795 put contracts. The single-session put/call ratio was 1.19.
Today's Economic Calendar
| No. | What's Happening? | Period | Release Time |
|---|---|---|---|
| 1 | Nothing Scheduled | ||
| 2 | |||
| 3 |
