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Stocks Sharply Higher as Democrats Retake Congress

2 days 22 hours ago
The S&P 500 Index ($SPX ) (SPY ) is up +1.44% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +2.42%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.15%. December E-mini S&P futures (ESZ26 ) are up +1.56%, and December E-mini Nasdaq futures...

NY Cocoa Prices Rebound on Dollar Weakness

2 days 22 hours ago
December ICE NY cocoa (CCZ26 ) is up +17 (+0.31%) today, and ICE London cocoa #7 (CAZ26 ) is down -41 (-1.00%). Cocoa prices fell to fresh 5-week lows today but rebounded and are trading mixed. Rising ICE cocoa inventories are easing supply concerns and weighing on prices. ICE cocoa...

Stocks Surge as Democrats Sweep Congress

2 days 22 hours ago
The S&P 500 Index ($SPX ) (SPY ) is up +1.56% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +2.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.41%. December E-mini S&P futures (ESZ26 ) are up +1.73%, and December E-mini Nasdaq futures...

Stocks Surge as Democrats Sweep Congress

2 days 22 hours ago
The S&P 500 Index ($SPX ) (SPY ) is up +1.56% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +2.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.41%. December E-mini S&P futures (ESZ26 ) are up +1.73%, and December E-mini Nasdaq futures...

Stocks Surge as Democrats Sweep Congress

2 days 22 hours ago
The S&P 500 Index ($SPX ) (SPY ) is up +1.56% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +2.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.41%. December E-mini S&P futures (ESZ26 ) are up +1.73%, and December E-mini Nasdaq futures...

Wheat Holding on the Higher Side on Wednesday Morning

2 days 22 hours ago
Wheat is trading with fractional to 2 cent gains on Wednesday morning across the three markets. The wheat complex was lower on the Tuesday session, led by the HRW contracts. Chicago SRW contracts saw Tuesday losses of 6 ¼ to 8 ¾ cents across the board. Open interest was up...

Stocks Surge as Democrats Sweep Congress

2 days 22 hours ago
The S&P 500 Index ($SPX ) (SPY ) is up +1.56% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +2.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.41%. December E-mini S&P futures (ESZ26 ) are up +1.73%, and December E-mini Nasdaq futures...

The midterms were a thumping rebuke of the US-Israel relationship

2 days 22 hours ago

Even Trump seems to recognize that the relationship has become a political liability, and may never be the same

On the eve of a midterm election that ended in an unequivocal rejection of his brand of politics, even Donald Trump seemed to recognize that the US-Israel relationship had become a political liability.

Trump’s 11th-hour suggestion, on election morning, that he would cut military aid to Israel at the end of the year because, as he put it, “they don’t need it”, was condemned across the board – with pro-Palestinian advocates dismissing it as “desperate” and pro-Israel ones as “unserious”.

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Stocks Surge as Democrats Sweep Congress

2 days 22 hours ago
The S&P 500 Index ($SPX ) (SPY ) is up +1.56% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +2.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.41%. December E-mini S&P futures (ESZ26 ) are up +1.73%, and December E-mini Nasdaq futures...

Stocks Sharply Higher as Democrats Retake Congress

2 days 22 hours ago
The S&P 500 Index ($SPX ) (SPY ) is up +1.44% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +2.42%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.15%. December E-mini S&P futures (ESZ26 ) are up +1.56%, and December E-mini Nasdaq futures...

Wheat Holding on the Higher Side on Wednesday Morning

2 days 22 hours ago
Wheat is trading with fractional to 2 cent gains on Wednesday morning across the three markets. The wheat complex was lower on the Tuesday session, led by the HRW contracts. Chicago SRW contracts saw Tuesday losses of 6 ¼ to 8 ¾ cents across the board. Open interest was up...

Stocks Surge as Democrats Sweep Congress

2 days 22 hours ago
The S&P 500 Index ($SPX ) (SPY ) is up +1.56% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +2.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.41%. December E-mini S&P futures (ESZ26 ) are up +1.73%, and December E-mini Nasdaq futures...

Stocks Sharply Higher as Democrats Retake Congress

2 days 22 hours ago
The S&P 500 Index ($SPX ) (SPY ) is up +1.44% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +2.42%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.15%. December E-mini S&P futures (ESZ26 ) are up +1.56%, and December E-mini Nasdaq futures...

Expectations of Larger Brazil Coffee Exports Weigh on Prices

2 days 22 hours ago
December arabica coffee (KCZ26 ) is down -4.40 (-1.55%) today, and January ICE robusta coffee (RMF27 ) is unchanged. Coffee prices are under pressure today, with arabica falling to a 5-week low. Expectations that coffee exports out of Brazil will increase are weighing on prices after ICE reported that 55,396...

NY Cocoa Prices Rebound on Dollar Weakness

2 days 22 hours ago
December ICE NY cocoa (CCZ26 ) is up +17 (+0.31%) today, and ICE London cocoa #7 (CAZ26 ) is down -41 (-1.00%). Cocoa prices fell to fresh 5-week lows today but rebounded and are trading mixed. Rising ICE cocoa inventories are easing supply concerns and weighing on prices. ICE cocoa...

Sugar Prices Pressured by Weakness in Crude Oil

2 days 22 hours ago
March NY world sugar #11 (SBH27 ) is up +0.13 (+0.71%) today, and December London ICE white sugar #5 (SWZ26 ) is down -1.20 (-0.24%). Sugar prices recovered from early losses today and are trading mixed. Today’s -7% plunge in WTI crude oil (CLZ26 ) to a 4-week low is...

US voters rebuke Trump as Democrats win control of Congress in ‘blue wave’

2 days 22 hours ago

President’s party stripped of control after he spent weeks pleading with Americans to pretend he was on ballot

The United States woke up to a radically altered political landscape on Wednesday after Donald Trump was dealt a devastating blow in the midterm elections, in which his Republican party was stripped of control of the Senate and the House as his handpicked “Maga” candidates were swept away by a blue tsunami.

With counting still going on in a couple of Senate races, and with 68 House seats as yet undeclared, Democrats were assured of a congressional majority far more comfortable than most pundits had predicted. They had flipped at least seven Senate seats, in such deep-red states as Texas and Kansas, which hadn’t sent a Democrat to the upper chamber for 94 years, along with more than two dozen House districts.

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