Previous close | 1.6800 |
Open | 1.6800 |
Bid | 1.5700 |
Ask | 1.5900 |
Strike | 442.00 |
Expiry date | 2024-10-18 |
Day's range | 1.6800 - 1.6800 |
Contract range | N/A |
Volume | |
Open interest | 81 |
The S&P 500 crosses the 5,400 level for the first time after hitting the 5,300 threshold last month. While many stocks have powered the ETF this year, we have highlighted five that have been at the forefront of the rally.
"We saw today's CPI report as progress and building confidence, but it does not warrant changing policy at this time."
A lower-than-expected inflation report for May ignited a bullish frenzy on Wall Street, with investors increasing their bets on rate cuts, bolstered by growing confidence that the Federal Reserve will ease its policy stance later this year as price pressures trend towards the 2% target. The Consumer Price Index (CPI) data revealed cooler-than-anticipated monthly and annual inflation rates for both headline and core items. This report arrives just ahead of the highly anticipated Federal Open Mark