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COMP May 2024 2.500 call
| Previous close | 0.7900 |
| Open | 1.0500 |
| Bid | 0.2000 |
| Ask | 0.9500 |
| Strike | 2.50 |
| Expiry date | 2024-05-17 |
| Day's range | 0.8500 - 1.0500 |
| Contract range | N/A |
| Volume | |
| Open interest | 484 |
- Reuters
GLOBAL MARKETS-Stocks jump, yields drop as Fed cut hopes bloom
A gauge of global stocks rallied while Treasury yields fell on Friday after a U.S. payrolls report was softer than anticipated, easing concerns the Federal Reserve would keep interest rates higher for longer. Nonfarm payrolls rose by 175,000 last month, the lowest since October 2023, and short of the 243,000 estimate of economists polled by Reuters. Recent data on inflation and the labor market had fueled concerns the Fed could would be forced to keep rates higher for longer than the market was anticipating, or even raise rates again.
- Reuters
US STOCKS-Wall St ends sharply higher, jobs data strengthens case for rate cuts
Wall Street surged to a higher close on Friday as a softer-than-expected employment report bolstered the case for rate cuts from the Federal Reserve while also providing evidence of U.S. economic resilience. The tech-heavy Nasdaq led the pack, rising 2% with an assist from Apple shares following the iPhone maker's record share buyback announcement. All three indexes notched their second straight Friday-to-Friday gains, capping a week in which markets were encouraged by Fed Chair Jerome Powell's more dovish-than-expected statements following Wednesday's rate decision.
Barrons.comStocks Roared to Climb Out of Hole
Stocks roared higher again on Friday to climb out of this week’s early hole with some gains thanks to a “just right” jobs report. The Nasdaq Composite inched 2% higher. The 10-year yield marked its largest one-week decline since mid-December, according to Dow Jones Market Data and snapped a four-week streak of rising yields.
