Previous close | 7.92 |
Open | 8.97 |
Bid | 8.86 |
Ask | 8.97 |
Strike | 425.00 |
Expiry date | 2024-05-24 |
Day's range | 5.45 - 9.77 |
Contract range | N/A |
Volume | |
Open interest | 3.57k |
The Fed is expected to keep interest rates at a 23-year high Wednesday, but investors will be listening for any signs of how long they will have to wait before cuts can begin.
Rising Treasury yields are once again a headwind for stocks. Strategists don't see relief coming unless Fed Chair Jerome Powell is surprisingly dovish in his press conference on Wednesday.
After a bounceback week for stocks, a Fed meeting, jobs report, and a busy week of corporate earnings are set to greet investors.