NIKKEI 225
38,102.44 -712.12 (-1.83%) HANG SENG
17,936.12 -5.66 (-0.03%) CRUDE OIL
80.62 +2.17 (+2.77%) GOLD FUTURES
2,333.60 -15.50 (-0.66%) DOW
38,778.10 +188.94 (+0.49%) Bitcoin GBP
52,449.86 +168.05 (+0.32%)
DIS Dec 2024 125.000 call
| Previous close | 1.3800 |
| Open | 1.6500 |
| Bid | 1.6600 |
| Ask | 1.7300 |
| Strike | 125.00 |
| Expiry date | 2024-12-20 |
| Day's range | 1.6300 - 1.6600 |
| Contract range | N/A |
| Volume | |
| Open interest | 387 |
- Yahoo Finance Video
Bullish S&P 500 calls, weak China industrial output: Morning Brief
On today's episode of Morning Brief, Yahoo Finance's Seana Smith and Madison Mills cover some of the biggest stories as the holiday-shortened trading week gets underway. The major US indexes (^DJI, ^IXIC, ^GSPC) started Monday's trading session mixed, as the S&P 500 and Nasdaq Composite hold near their record highs achieved last week. As the tech sector continues to push the market to new heights, Evercore ISI has raised its year-end target of the S&P 500 to 6,000, while Goldman Sachs has raised it to 5,600. Miller Tabak Managing Director and Chief Market Strategist Matt Maley says that the market rally signals that "investors aren't all that confident about anything outside of the AI phenomenon. And we haven't seen the big broadening out of earnings outside of the AI phenomenon." Minneapolis Federal Reserve President Neel Kashkari has indicated optimism about potential interest rate cuts, stating that one cut in December is "reasonable." However, Wells Fargo Global Investment Strategist Veronica Willis believes that two rate cuts in 2024 are still possible, noting that more economic data showing disinflation would give the Federal Reserve enough "confidence" to enact more than one cut. China's housing market continues to struggle as industrial output growth slowed to 5.6% in May, a decline of over 1% from the previous month's figure. Crude oil prices (CL=F, BZ=F) are climbing higher after China also reported weakening demand and oil refinery outputs. Energy Aspects Oil Analyst Christopher Haines explains that China is "transitioning to more of a consumer-based economy rather than an industrial-based economy... it's trying to decrease energy intensity. So actually, I think you can read [that] demand, or... some of that data that came out today is relatively constructive." This post was written by Melanie Riehl
- Yahoo Finance Video
'Inside Out 2' sees $155M box office debut
Walt Disney's (DIS) latest animated film, "Inside Out 2," has taken the box office by storm with a strong debut, raking in $155 million domestically during its opening weekend. Yahoo Finance's Alexandra Canal delves into the details, providing insights on what this successful debut signifies for both the box office and the entertainment giant. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
BenzingaDisney Goes Back To What It Does Best- Putting Emotions Into Motion Pictures
The Walt Disney Company (NYSE: DIS) is officially back on track with its newest animation hit, Inside Out 2. For its debut weekend, Disney’s newest theatrical release sold almost $300 million in total ticket sales across the globe, easing concerns that its storytelling magic is gone. Disney Finally Delivers A Much-Needed Hit With $155 million in domestic ticket sales, the only animated feature film that had a stronger opening was Incredibles 2 that made $183 million during its 2018 debut. Inside
