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Dollar Falls on Dovish Fed Comments

3 weeks 2 days ago
The dollar index (DXY00 ) fell by -0.40% on Tuesday. The dollar was under pressure on Tuesday from dovish Fed comments. Fed Governor Christopher Waller said the recent surge in long-term bond yields is doing some of the Fed's work to tighten monetary policy, suggesting he favors holding policy steady...

Stocks Retreat on Sticky US Price Pressures

3 weeks 2 days ago
The S&P 500 Index ($SPX ) (SPY ) is down by -0.42% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.70%. December E-mini S&P futures (ESZ26 ) are down -0.61%, and December E-mini...

Dollar Advances and Gold Falls on a Hot US CPI Report

3 weeks 2 days ago
The dollar index (DXY00 ) rallied to a 1.5-year high today and is up by +0.61%. The dollar is advancing today on the stronger-than-expected US Sep CPI report, which bolsters speculation that the Fed will keep interest rates higher for longer. The CPI report boosted the chance of a Fed...

Marvell's New $18 Billion Revenue Target Could be a Game-Changer

3 weeks 3 days ago
Marvell (NASDAQ: MRVL) is turning custom AI chip wins into a larger growth platform, with hyperscalers, optical connectivity, and a $18 billion fiscal 2028 revenue target strengthening the long-term story. The key question is whether that opportunity can grow fast enough to justi

Stocks Finish Lower Ahead of Wednesday’s CPI Report

3 weeks 3 days ago
The S&P 500 Index ($SPX ) (SPY ) closed down by -0.02% on Tuesday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down by -0.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.31%. December E-mini S&P futures (ESZ26 ) fell -0.02%, and December E-mini...

Cotton Rallying on Wednesday Morning

3 weeks 3 days ago
Cotton price action is up 109 to 120 points on Wednesday morning. Futures closed the Tuesday session with contracts 9 points lower to 6 points higher. Crude oil was up $1.05 per barrel on the session, with the US dollar index $0.375 lower. The weekly Crop Progress report showed 82%...
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