Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading.Information presented by DailyFX Limited should be construed as market commentary, merely observing economical, political and market conditions. This information is made available for informational purposes only. It is not a solicitation or a recommendation to trade derivatives contracts or securities and should not be construed or interpreted as financial advice.
Treasury yields slip as Israeli military goes on high alert, investors await U.S. data this week
The FactSet consensus calls for earnings per share to rise 1.8% to $4.53, sales to grow 0.9% to $42.57 billion and for same-store sales to decline by 2.2%. Home Depot is scheduled to report fiscal second-quarter results early Tuesday, like around 6 a.m. Pace said he is leaning toward the view that the U.S. economy is relatively healthy. The yield curve between the 2-year Treasury and 10-year Treasury has been flattening and could uninvert as the Federal Reserve starts cutting interest rates, Pace said. The inverted yield curve has been pointing to a recession, while spreads — or the difference in yields — between high-yield bonds and U.S.
Dow Jones Industrial Average Index
The Dow Jones Industrial Average fell 160 points, or 0.4%, to around 39,342 on Monday afternoon, while the Nasdaq Composite edged up 0.2%. Where stocks may be headed after a wild week, according to the options market. Why U.S. stocks face a bumpy road to recovery with inflation and earnings updates on the horizon.
- The Dow Jones Industrial Average (DJIA), Dow Jones or the Dow for short tracks the performance of 30 of the biggest companies in the US including Boeing, Intel, and Dow.
- Home Depot is scheduled to report fiscal second-quarter results early Tuesday, like around 6 a.m.
- It’s often used as a barometer for the overall performance of the country’s equity markets.
Stock market still digesting extreme volatility last week, Navellier says
The release of CPI data and retail earnings, particularly from Walmart, “will be crucial in determining the direction of investor sentiment.” Qualcomm Inc.’s stock was one of the few major chip stocks in the red on Monday following an analyst downgrade. Geopolitics threatened to deal a fresh blow to investor confidence on Monday just as stocks appeared to be shaking off the most chaotic stretch of the year. The VIX rose 1.6% on Monday to around 20.7, according to FactSet data. Last week, the index soared above 65 at one point at its intraday high.
Dow falls 180 points as stocks trade mixed
One- through 30-year yields on U.S. government debt were broadly lower Monday afternoon as traders eyed the latest developments in the Middle East and looked ahead to a busy week of U.S. economic updates. “The impact on equities from an Iran attack is just not something we can model ahead of the event. And this means investors need to be wary and mindful that this will be a ‘high velocity’ impact on markets,” Lee said in a report shared with MarketWatch on Monday.
Dow Jones Industrial Average (DJI)
The pricing of “straddles” on Home Depot’s stock is showing that the options market is prepared for a much bigger than usual move on Tuesday after earnings are reported. One- through 30-year yields were broadly lower in New York afternoon trading, with the benchmark 10-year yield down about 4 basis points at 3.9%. The shares included in it are weighted according to price; the index level represents the average of the shares included in it. “Investors are confused about the macro backdrop, vacillating between expectations of a soft landing, a recession, and back to a soft landing in the course of seven trading sessions,” Hackett wrote in an email.
The Dow Jones Industrial Average (DJIA), Dow Jones or the Dow for short tracks the performance of 30 of the biggest companies in the US including Boeing, Intel, and Dow. It’s often used as a barometer for the overall performance of the country’s equity markets. Follow the Dow Jones live with the real-time chart and view the latest Dow forecasts, news and analysis. Key pivot points and support and resistance will help you trade the Dow Jones today and into the future. U.S. stocks ended mixed on Monday, as investors continued to digest extreme volatility from last week.
The reason for the increased expected move, the 30-day implied volatility for the stock was at 33.0%, compared with historical volatility of 23.1% over the past 90 days. The inclusion of a company in the Dow Jones Industrial Average does not depend on defined criteria. Instead, an independent Wall Street Journal commission decides whether a share is to be included or excluded. There are no fixed times for reviewing the composition of the index, since changes are only made by the commission as and when they are needed. He also worries that growth in premium Androids has come back down to earth. Caso and his team are “less optimistic about the prospect for an Android AI upgrade cycle, since we don’t believe Android has the power to force users to upgrade, as Apple is doing.”
Any examples given are provided for illustrative purposes only and no representation is being made that any person will, or is likely to, achieve profits or losses similar to those examples. DailyFX Limited is not responsible for any trading decisions taken by persons not intended to view this material. Financial-market participants face a big week of potentially market-moving catalysts, such as Wednesday’s consumer-price index for July and Thursday’s earnings report from Walmart Inc., that will determine whether last week’s wild swings persist. Qualcomm shares were down 1.4% in afternoon action and among only five laggards in the PHLX Semiconductor Index on the day.
Treasuries remain fairly narrow, indicating that the economy is healthy, Pace said in a call. U.S. government debt rallied further on Monday as tensions in the Middle East came into focus, with Israel’s military on high alert for the possibility of action by Iran and Hezbollah. “Our downgrade reflects our expectation for a weaker operating environment coupled with the loyalty financing, leading to significantly weaker credit metrics,” S&P said. Stocks jumped after a cool PPI reading for July, setting the stage for consumer price inflation to show improvement when CPI is released Wednesday.
Trump media dropped 5% yesterday after the former president returned to X, and dipped almost 4% Tuesday after Trump’s interview with Elon Musk.