Previous close | 0.5500 |
Open | 0.5400 |
Bid | 0.5500 |
Ask | 0.6500 |
Strike | 56.00 |
Expiry date | 2024-05-24 |
Day's range | 0.4000 - 0.8400 |
Contract range | N/A |
Volume | |
Open interest | 204 |
Shares of Tyson Foods (TSN) are trading lower at Monday's open despite reporting better-than-expected earnings for the second quarter. While the company beat revenue estimates, it did report a miss on net sales due to a consumer spending slowdown and issues stemming from the company's chicken production operations. Yahoo Finance's Seana Smith and Madison Mills break down the details. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
U.S. stock indexes extended last week's gains on Monday as investors saw a greater chance of the Federal Reserve cutting interest rates this year following softer-than-expected payrolls data on Friday. The benchmark S&P 500 and the tech-heavy Nasdaq were trading at three-week highs after data on Friday showed U.S. job growth slowed more than expected in April, taking pressure off the U.S. central bank to keep rates higher for longer.
The meat processor said that for fiscal 2024, it expects sales to be relatively flat compared with last year.