Think interest rates are high now? These charts offer a different perspective.
Also in Weekend Reads: 10 remarkable housing markets, stock picks, and health-insurance battles.
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Stocks Supported as Bond Yields Slide on Weak CPI Report
The S&P 500 Index ($SPX) (SPY) today is up +0.38%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.07%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.97%. September E-mini S&P futures (ESU26) are up +0.30%, and September E-mini Nasdaq futures (NQU26) are up +0.97%. Stock indexes are moving higher today as bond yields fell on a…
Stocks Pressured by Worries About US Economy
The S&P 500 Index ($SPX) (SPY) is down -0.05%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.15%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.06%. September E-mini S&P futures (ESU26) are down -0.11%, and September E-mini Nasdaq futures (NQU26) are down -0.12%. Stocks fell back from early gains on the weak US retail sales and…
US dollar sinks on shock contraction in jobs
The US non-farm payrolls report pointed to an economy significantly worse than believed. The data showed the economy shedding 23K jobs in July, far worse than +80K expected and below any estimates in the survey of economists. Worse yet, the prior two reports were revised lower by a combined 103K jobs dropping the three-month average…
New York Times Asks Judge to Block Subpoenas Over Air Force One Report
The New York Times on Wednesday asked a federal judge to quash Justice Department subpoenas to journalists who reported on security flaws in President Donald Trump’s new Air Force One plane. David McCraw, the paper’s top lawyer, called the subpoenas “abusive” and “improper” in a statement. “As we set out in our motion, these subpoenas…
New TV guidelines could change how women athletes are shown during live sports
From Michael Phelps breaking records to Alysa Liu’s emotive gold medal ice skating performance, broadcast television has allowed athletes to bring their remarkable talents to a global audience. But for some, particularly women athletes, broadcast may also become a stage for compromising camera angles—and some are looking to change that. The European Broadcasting Union (EBU)…
Cotton Trading with Thursday AM Strength
Cotton price action is up 38 to 63 points on Thursday morning. Futures saw gains of 42 to 91 points across most contracts on Wednesday session. Crude oil is up another $2.14 per barrel, with the US dollar index down 0.061. The NOAA 7-day QPF shows very limited precipitation across much of TX and the…
