Jackson Hole, Jerome Powell and futures
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U.S. stock futures were barely changed Thursday in Europe after lingering concerns about the AI-fueled boom knocked the tech sector again in Wednesday’s session. Fed Chair Jerome Powell, under pressure to cut rates in September,
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In niche wheat futures market, rebooted legacy contract fends off new offering from giant rival
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,
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,
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 and forex markets are both popular options for investors looking to trade financial assets, but they differ in key ways. Futures involve standardized contracts to buy or sell assets at a set price on a future date,
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.
Managed-futures performance comes in fits and starts. Its protracted falls and sharp rises mean that managed futures have seen long stretches of subpar returns punctuated by bursts of outperformance.
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.