SPDR S&P 500 ETF Trust (SPY) option implied volatility
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- US stocks close down as oil spikes 12%, job market weakens
- U.S. nonfarm payroll employment unexpectedly falls in February
- Oracle stock falls on report of scrapped Texas data center plans
- Kuwait cuts oil output as storage fills up
- Boeing reportedly nearing 500-aircraft deal with China ahead of Trump visit
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JPMorgan Strategist Marko Kolanovic: 'stocks are set to weaken for the remainder of the year'
May 8, 2023 12:47 PM UTCJPMorgan Strategist Marko Kolanovic: "stocks are set to weaken for the remainder of the year"
The strategist comments "Leadership is turning Defensive and we think this rotation continues into/around the last hike on the back of our view that US bond yields will be flat/down,... More
Citi sees 2 more rate hikes in June and July
May 4, 2023 9:25 AM UTCCiti continues to expect two more 25bps rate hikes, analyst Andrew Hollenhorst said Thursday after the US Federal Reserve voted to raise rates to a 16-year high on Wednesday.
The Fed increased its key interest rate by 0.25 percentage points to between 5% and 5.25%.
Hollenhorst said in a... More
