Latest news with #futures
Yahoo
2 hours ago
- Business
- Yahoo
Stocks Down Pre-Bell Ahead of Key Earnings, Fed Chair Powell's Speech
US equity futures were trending downwards on Tuesday as traders await the latest batch of corporate Sign in to access your portfolio
Yahoo
14 hours ago
- Business
- Yahoo
Crude Oil Prices Could Tick Up on Consumer Resilience. Here Are the Levels to Watch Before You Buy.
October micro crude oil futures (CLV25) present a buying opportunity on more price strength. See on the daily bar chart for October crude oil futures that prices remain in a choppy uptrend from the April low and the bulls have the overall near-term technical advantage. That means the path of least resistance for prices remains sideways to higher. More News from Barchart Array Technologies (ARRY) Just Flashed a Statistically Significant Reversal Signal for Options Traders Crude Oil Price Fall on Concern About Energy Demand Forecasts for Milder US Weather Weigh on Nat-Gas Prices Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Fundamentally, the U.S. economy and the overall global economy are fairly healthy. Despite the threats of tariffs and even trade wars, businesses and consumers have proven resilient and upbeat. That suggests still-solid demand growth for energy, including crude oil. A move in October crude oil futures above chart resistance at $65.00 would give the bulls fresh power and it would also become a buying opportunity in the WTI crude oil micro futures. The upside price objective would be $72.00, or above. Technical support, for which to place a protective sell stop just below, is located at $62.00. IMPORTANT NOTE: I am not a futures broker and do not manage any trading accounts other than my own personal account. It is my goal to point out to you potential trading opportunities. However, it is up to you to: (1) decide when and if you want to initiate any trades and (2) determine the size of any trades you may initiate. Any trades I discuss are hypothetical in nature. Here is what the Commodity Futures Trading Commission (CFTC) has said about futures trading (and I agree 100%): Trading commodity futures and options is not for everyone. IT IS A VOLATILE, COMPLEX AND RISKY BUSINESS. Before you invest any money in futures or options contracts, you should consider your financial experience, goals and financial resources, and know how much you can afford to lose above and beyond your initial payment to a broker. You should understand commodity futures and options contracts and your obligations in entering into those contracts. You should understand your exposure to risk and other aspects of trading by thoroughly reviewing the risk disclosure documents your broker is required to give you. On the date of publication, Jim Wyckoff did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
17 hours ago
- Business
- Yahoo
Gold price today, Wednesday, July 23, 2025: Gold opens at record high
Gold (GC=F) futures opened at $3,444.30 per ounce Wednesday, 0.1% higher than Tuesday's close of $3,439.20. Wednesday's opening price is a record high for the precious metal, which last peaked at $3,444 on June 13. Gold's new peak price comes as the August 1 reinstatement date for reciprocal tariffs approaches. On Tuesday, President Trump announced trade deals with Japan, the Philippines, and Indonesia with import levies ranging from 15% to 19%, plus a 40% tariff on foreign goods routed through Indonesia. The U.S. does not yet have trade deals with the EU or India. Meanwhile, the U.S. dollar (DX=F) is down 10% for the year, which can indicate global concern about the U.S. economy. Historically, a weaker dollar is associated with higher gold prices. Learn more: How the dropping dollar could scramble Trump's agenda Current price of gold The opening price of gold futures on Wednesday is 0.1% higher than Tuesday's close of $3,439.20 per ounce. Wednesday's opening price marks a gain of 3.1% over the past week, compared to the opening price of $3,341.20 on July 16. In the past month, the gold futures price has gained 2.3% compared to the opening price of $3,365.90 on June 23, 2025. In the past year, gold is up 43.8% from the opening price of $2,395.80 on July 23, 2024. Don't forget you can monitor the current price of gold on Yahoo Finance 24 hours a day, seven days a week. Want to learn more about the current top-performing companies in the gold industry? Explore a list of the top-performing companies in the gold industry using the Yahoo Finance Screener. You can create your own screeners with over 150 different screening criteria. How to invest in gold As we've been saying all week, investing in gold is a four-step process, and today, we'll explore step 3, choosing a form. Once you define your target gold allocation, you must choose a form of gold to hold. Your three options are: Physical gold Gold mining stocks Gold ETFs Physical gold pros and cons Physical gold includes jewelry, gold bars, and gold coins. The advantages of physical gold include: Readily accessible for use. If you keep your physical gold at home, it is easily available for you to use as a medium of exchange in an economic emergency. No added volatility or ongoing fees. Gold mining stocks tend to rise and fall with gold prices, and business-related factors enhance their volatility. Gold ETFs charge administrative fees in the form of expense ratios. Learn more: Take a deeper dive into the gold sector The disadvantages of physical gold include: Risk of theft or loss. Physical gold must be properly secured. Whether you store it in your home or with a depository, gold can be stolen. Lower liquidity. Physical gold is less liquid than stocks or ETFs. If you are not using the gold as a medium of exchange, you may need to locate a dealer and pay a markup on the sale. Gold mining stocks pros and cons Owning shares in gold mining stocks provides indirect gold exposure. The advantages of mining stocks over physical gold include: Greater liquidity. Large-cap gold mining stocks like Barrick Gold Corporation (GOLD) and Franco-Nevada Corporation (FNV) generally enjoy a narrow bid-ask spread, which is a sign of liquidity. The bid-ask spread is the difference between what buyers will pay and what sellers will accept. Easy to store. Stocks live in your brokerage account and do not consume physical space. In normal times, this is an advantage. In an economic catastrophe, this could be a disadvantage if brokers or the stock market are temporarily shut down. Learn more: The top performing companies in the gold industry The disadvantages of owning gold mining stocks include: Greater volatility. Since 2000, gold mining stocks have risen and fallen faster than gold spot prices. And in recent years, gold mining stocks have trended down even as gold has gained value. No utility as a medium of exchange. Gold mining stocks can appreciate, but they have no direct utility as a medium of exchange. Gold ETFs pros and cons Gold ETFs are funds that invest in gold mining stocks or physical gold. Their advantages include: Easy to store. Like gold mining stocks, ETF shares are essentially digital assets with no storage requirements. Greater liquidity. Shares of the most popular gold ETFs, like SPDR Gold Shares ($GLD), are heavily traded which implies good liquidity. Tied directly to gold prices. ETFs backed by physical gold can be less volatile than gold mining stocks or gold mining ETFs. The disadvantages of gold ETFs include: Fund fees. Funds charge fees, which dilute returns over time. For context, the expense ratio of SPDR Gold Shares is 0.40%. This translates to $4 in fees annually for every $1,000 invested. No utility as a medium of exchange. As with gold mining stocks, you probably cannot use ETF shares to trade for food in an economic emergency. Up Next Up Next Price-of-gold chart Whether you're tracking the price of gold since last month or last year, the price-of-gold chart below shows the precious metal's steady upward climb in value. Historic price of gold Historically, gold has shown extended up cycles and down cycles. The precious metal was in a growth phase from 2009 to 2011. It then trended down, failing to set a new high for nine years. In those lackluster years for gold, your position will negatively impact your overall investment returns. If that feels problematic, a lower allocation percentage is more appropriate. On the other hand, you may be willing to accept gold's underperforming years so you can benefit more in the good years. In this case, you can target a higher percentage. The precious metal has been in the news lately, and many analysts are bullish on gold. In May, Goldman Sachs Research predicted gold would reach $3,700 a troy ounce by year-end 2025. That would equate to a 40% increase for the year, based on gold's January 2 opening price of $2,633. Rising demand from central banks, along with uncertainty related to changing U.S. tariff policy, are the factors driving the increase. If you are interested in learning more about gold's historical value, Yahoo Finance has been tracking the historical price of gold since 2000.
Yahoo
18 hours ago
- Business
- Yahoo
Stock Index Futures Climb as U.S. Reaches Trade Deal With Japan, Tesla and Alphabet Earnings Awaited
September S&P 500 E-Mini futures (ESU25) are up +0.39%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.19% this morning as sentiment got a boost after the U.S. announced a trade deal with Japan. U.S. President Donald Trump said in a post on Truth Social late Tuesday that the U.S. will impose a 15% tariff on Japanese goods, including autos, which is lower than the 25% rate he had previously threatened in a letter to the Japanese government. The deal will also see Japan invest $550 billion into the U.S. The U.S. also struck a deal with the Philippines, setting a 19% tariff on the nation's exports. In addition, President Trump unveiled further details about a pact with Indonesia. More News from Barchart Nvidia Stock Warning: This NVDA Challenger Just Scored a Major Customer This High-Yield Dividend Stock (8.3%) Has Analysts Saying 'Strong Buy' — Should You? Should You Buy the Post-Earnings Dip in Lockheed Martin Stock? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Investors now gear up for a deluge of corporate earnings reports, with a particular focus on results from 'Magnificent Seven' companies Tesla and Alphabet. In yesterday's trading session, Wall Street's major indexes closed mixed. IQVIA Holdings (IQV) surged over +17% and was the top percentage gainer on the S&P 500 after the company reported stronger-than-expected Q2 results. Also, Paccar (PCAR) climbed more than +6% and was the top percentage gainer on the Nasdaq 100 after the company posted better-than-expected Q2 results. In addition, D.R. Horton (DHI) jumped over +16% after the homebuilder reported upbeat FQ3 results. On the bearish side, Lockheed Martin (LMT) slumped over -10% and was the top percentage loser on the S&P 500 after the defense contractor posted weaker-than-expected Q2 revenue and cut its full-year EPS guidance. Economic data released on Tuesday showed that the U.S. Richmond Fed manufacturing index unexpectedly fell to an 11-month low of -20 in July, weaker than expectations of -2. Second-quarter corporate earnings season is in full swing, with all eyes today on reports from two of this year's laggards among the Magnificent Seven — Tesla (TSLA) and Alphabet (GOOGL). Investors will also monitor earnings reports from other prominent companies such as T-Mobile US (TMUS), International Business Machines (IBM), ServiceNow (NOW), AT&T (T), Thermo Fisher Scientific (TMO), and Chipotle Mexican Grill (CMG). According to Bloomberg Intelligence, companies in the S&P 500 are expected to post an average +3.2% increase in quarterly earnings for Q2 compared to the previous year, slightly above the pre-season forecast of +2.8%. On the economic data front, investors will focus on U.S. Existing Home Sales data, which is set to be released in a couple of hours. Economists, on average, forecast that June Existing Home Sales will stand at 4.00M, compared to 4.03M in May. U.S. Crude Oil Inventories data will be released today as well. Economists expect this figure to be -1.400M, compared to last week's value of -3.859M. U.S. rate futures have priced in a 95.3% chance of no rate change and a 4.7% chance of a 25 basis point rate cut at next week's policy meeting. In the bond market, the yield on the benchmark 10-year U.S. Treasury note is at 4.381%, up +1.04%. The Euro Stoxx 50 Index is up +1.55% this morning as the trade pact between the U.S. and Japan boosted investor optimism that a U.S.-EU agreement could follow. Automobile stocks led the gains on Wednesday after the U.S.-Japan trade deal boosted investor sentiment on the sector. Healthcare stocks, which are also in the crosshairs of Trump's tariff offensive, climbed as well, receiving an additional boost from upbeat Lonza earnings. Meanwhile, the prospects of an EU-U.S. trade agreement improved after Trump said on Tuesday that EU representatives were scheduled to arrive for trade negotiations on Wednesday. Investors now await the Eurozone's preliminary consumer confidence data for July, due later in the session. Investor focus is also on the European Central Bank's rate-setting meeting on Thursday, with the central bank widely expected to keep the deposit rate unchanged at 2.00% following seven straight cuts. In corporate news, Temenos AG ( surged over +20% after the banking software company lifted its annual earnings guidance. At the same time, Nokia Oyj ( slid more than -6% after cutting its 2025 comparable operating profit guidance. Asian stock markets today closed in the green. China's Shanghai Composite Index (SHCOMP) closed up +0.01%, and Japan's Nikkei 225 Stock Index (NIK) closed up +3.51%. China's Shanghai Composite Index closed just above the flatline today. The benchmark index initially moved sharply higher on trade optimism after the U.S. scheduled a new round of talks with China next week and reached a deal with Japan, but pared most of its gains by the close as investors opted to take profits following the recent rally. Technology stocks, which are closely tied to China-U.S. relations, outperformed on Wednesday. The gains came after U.S. Treasury Secretary Scott Bessent said on Tuesday he would meet his Chinese counterparts in Stockholm next week for talks aimed at extending a tariff truce, signaling continued stabilization in relations after the U.S. recently relaxed chip restrictions and China resumed rare earths exports. Meanwhile, China's Ministry of Commerce said on Wednesday that Minister Wang Wentao and European Union trade commissioner Maros Sefcovic held a 'candid and in-depth' discussion on economic and trade cooperation, along with other issues both sides are facing. Investors are also looking to the country's July Politburo meeting, where policymakers will deliberate on economic policies for the second half of the year. Market participants expect China to introduce additional measures to reduce excess capacity in certain emerging industries, ramping up the so-called anti-involution campaign. In corporate news, WuXi XDC Cayman surged over +8% after the company provided a strong H1 net profit forecast. Japan's Nikkei 225 Stock Index closed sharply higher and hit a one-year high today as the country struck a long-awaited trade deal with the U.S. Automobile stocks rallied on Wednesday after U.S. President Donald Trump announced a deal to set a lower-than-feared 15% tariff on imports from Japan. Industry and government officials familiar with the agreement said the deal also reduces the tariff on Japanese cars and auto parts to 15% from 25%, with autos making up more than a quarter of the country's exports to the U.S. 'We were the first in the world to achieve tariff reductions on autos and auto parts with no quantity limits,' Tokyo's top trade negotiator Ryosei Akazawa said after the latest round of trade talks in Washington. Meanwhile, Capital Economics' Marcel Thieliant said the U.S.-Japan trade deal suggests the Bank of Japan may resume its tightening cycle this year, as it eliminates a key downside risk to Japan's economy. BOJ Deputy Governor Shinichi Uchida said on Wednesday that the central bank will continue pursuing further interest rate hikes, reinforcing rate-hike expectations sparked by news of the trade deal with the U.S. In other news, Japanese daily Mainichi reported on Wednesday that Prime Minister Shigeru Ishiba plans to announce his resignation by the end of August, following the ruling coalition's defeat in Sunday's parliamentary elections. However, Ishiba has denied the report. The Nikkei Volatility Index, which takes into account the implied volatility of Nikkei 225 options, closed down -0.83% to 22.73. Pre-Market U.S. Stock Movers Cal-Maine Foods (CALM) climbed more than +5% in pre-market trading after the company posted upbeat FQ4 results. Texas Instruments (TXN) plunged over -12% in pre-market trading after the semiconductor company issued disappointing Q3 earnings guidance. Enphase Energy (ENPH) slumped more than -7% in pre-market trading after the maker of solar-power inverters provided a tepid Q3 revenue forecast. You can see more pre-market stock movers here Today's U.S. Earnings Spotlight: Wednesday - July 23rd Alphabet (GOOGL), Tesla (TSLA), T-Mobile US (TMUS), IBM (IBM), ServiceNow (NOW), AT&T (T), Thermo Fisher Scientific (TMO), NextEra Energy (NEE), Boston Scientific (BSX), GE Vernova LLC (GEV), Amphenol (APH), CME Group (CME), Fiserv (FI), Moody's (MCO), O'Reilly Automotive (ORLY), General Dynamics (GD), Chipotle Mexican Grill (CMG), Freeport-McMoran (FCX), CSX (CSX), Hilton Worldwide (HLT), TE Connectivity (TEL), United Rentals (URI), Waste Connections (WCN), Crown Castle (CCI), Otis Worldwide (OTIS), Raymond James Financial (RJF), Las Vegas Sands (LVS), Rollins (ROL), Teledyne Technologies (TDY), Northern Trust (NTRS), NVR (NVR), Lennox (LII), SS&Cs (SSNC), Rogers Communications (RCI), Packaging America (PKG), Reliance Steel&Aluminum (RS), Graco (GGG), Annaly Capital Management (NLY), Renaissancere (RNR), SEI (SEIC), Hasbro (HAS), Mr. Cooper (COOP), Globe Life (GL), Molina Healthcare (MOH), EastGroup Properties (EGP), Popular (BPOP), Churchill Downs (CHDN), Quantumscape (QS), Knight-Swift Trans (KNX), Prosperity Bancshares (PB), Lamb Weston Holdings (LW), Taylor Morrison Home (TMHC), Wyndham Hotels (WH), Cadence Bancorp (CADE), Mattel (MAT), Alaska Air (ALK), Essential Properties (EPRT), First American (FAF), Selective (SIGI), Wex (WEX), Meritage (MTH), Sonoco Products (SON), Robert Half (RHI), United Community Banks (UCB), Goosehead Insurance (GSHD), Travel + Leisure Co (TNL), Plexus (PLXS), Viking Therapeutics Inc (VKTX), M/I Homes (MHO), BankUnited (BKU), Banc of California (BANC), ASGN (ASGN), Empire State Realty (ESRT), Oceaneering International (OII), Century Communities (CCS), Solaris Oilfield (SEI), Oxford Lane (OXLC), Stewart Info Services (STC), Getty (GTY), Netstreit (NTST), Veris Residential (VRE), Kaiser (KALU), Live Oak Bancshares Inc (LOB), MaxLinear (MXL), QCR (QCRH), Origin Bancorp (OBK), PROG Holdings (PRG). On the date of publication, Oleksandr Pylypenko did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
a day ago
- Business
- Bloomberg
FTSE 100 Live: UK Stocks Set to Rise to Another Record on Trade Optimism
The rise in FTSE 100 futures is lagging behind a bigger move for European markets, continuing a very familiar trend for the UK index. Yesterday, when many benchmarks in Europe were sinking, the FTSE 100 eked out a gain and finished at another record closing high, above 9,000 points for the second day in a row. Today, as European stocks benefit more from the optimism that the US-Japan deal will create for the trade outlook, the FTSE 100 is set to miss out on the more exuberant moves higher. Euro Stoxx 50 futures are up 1.2%.
