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Stan Choe | Associated Press New York – Wall Street is ticking higher Tuesday in its first trading after Washington struck a tentative deal to avoid a potentially disastrous default on its debt. The S&P 500 was 0.4% higher in early trading and near its highest level in nine months. The Dow Jones Industrial Average
Please see the attached CME Daily Bulletin PDF below for more information. LBR CME Bulletin Open Interest 6507 + 201 Volume 437 + 24 = 461 + 750 EFR’s – 24 EFP’s – 0 Block Trades were posted LBR Trade Ranges Alex Mead | Risk Management ConsultantO: 816.410.5769 | C: 816.868.0132www.stonex.com | alex.mead@stonex.com1251 NW Briarcliff | Suite 800 |
President Joe Biden (l.) and House Speaker Kevin McCarthy Drew Angerer | Getty Images News | Getty Images Stock futures rose Monday night after the Biden administration and Republican lawmakers reached a tentative deal on raising the U.S. debt ceiling. Futures tied to the Dow Jones Industrial Average added 72 points, or 0.2%, while S&P
Firefighters battle the Coastal Fire in Laguna Niguel, California, in May 2022. Photo: Wally Skalij/Los Angeles Times via Getty Images State Farm says it’s no longer accepting homeowner insurance applications in California due to “historic increases in construction costs outpacing inflation” and “rapidly growing catastrophe exposure” to extreme weather events like wildfires. Why it matters: Multiple studies show climate change is influencing the
Consumer spending increases 0.8% in April Core PCE price index rises 0.4%; up 4.7% year on year Core capital goods orders rebound 1.4%; shipments up 0.5% WASHINGTON, May 26 (Reuters) – U.S. consumer spending increased more than expected in April, boosting the economy’s growth prospects for the second quarter, and inflation picked up, which could
Log trade in the Baltic Sea region has declined for two reasons: Russia’s invasion of Ukraine, and because of investments in forest production capacity in the Baltic States The two largest log-trading regions in Europe are Central Europe (where Austria, Czech Republic, and Germany are the major importers) and Northern Europe (Finland and Sweden are
The cap on government spending in Washington’s deal to raise the federal debt limit adds a fresh headwind to a US economy already burdened by the highest interest rates in decades and reduced access to credit. The tentative deal crafted by President Joe Biden and House Speaker Kevin McCarthy over the weekend — assuming it’s
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