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XLU Jun 2024 68.000 call
| Previous close | 4.11 |
| Open | 4.90 |
| Bid | 4.90 |
| Ask | 5.05 |
| Strike | 68.00 |
| Expiry date | 2024-06-21 |
| Day's range | 4.90 - 5.29 |
| Contract range | N/A |
| Volume | |
| Open interest | 14.35k |
- Yahoo Finance Video
Market trends, BOJ's yen move, 'R' dilemma: Stocks in Translation
Stocks (^GSPC, ^IXIC, ^DJI) have been on the rise as first quarter earnings boost market sentiment. Sectors such as utilities (XLU), energy (XLE), and technology (XLK), have emerged as the driving forces behind these market gains. However, the question arises: can this momentum be sustained? The Japanese yen (6J=F) has witnessed a resurgence thanks to the likely intervention of the Bank of Japan. This move by the central bank is aimed at strengthening the yen, but it raises questions about the potential implications for global markets. Additionally, a notable theme emerges: sectors and industries starting with the letter 'R' – rates, regionals, retail, and more – seem to be lagging behind their counterparts. This begs the question: what underlying factors are contributing to the underperformance of these 'R' names? Yahoo Finance's Jared Blikre is joined by Evercore ISI Head of Technical Analysis Rich Ross and Yahoo Finance Producer Sydnee Fried for the latest edition of Stocks In Translation. Together, they delve into the catalysts propelling market gains, the historical implications of the suspected yen intervention for investors, interest rate-sensitive sectors, and more. This post was written by Angel Smith
Yahoo FinanceUtility stocks are on fire — here are Wall Street analysts' top picks
Utility stocks are outperforming the broader markets. Here's a look at three top picks from analysts.
- Yahoo Finance Video
Market volatility, gold and copper, bonds: Trading Takeaways
The Dow Jones Industrial Average (^DJI) ends the day and the trading week in the green, red-hot as it blazes a trail in its eight-day winning streak. As the market recovers from a downbeat April, Yahoo Finance Senior Markets Reporter Jared Blikre reviews the biggest patterns emerging in May, including market volatility for equities, the push in metal commodities, and the fortitude of the bond market. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
