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Stocks Plunge on a Rout in Chipmakers and a Hawkish Fed Hold

The S&P 500 Index ($SPX) (SPY) on Wednesday closed down -1.52%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -2.19%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -2.06%. September E-mini S&P futures …

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Cattle Look to Thursday After Bouncing on Wednesday

Live cattle futures closed the Wednesday session, with contracts continuing to bounce from Monday’s weakness, up 42 cents to $2.07 higher. Open interest was down 2,472 contracts on Wednesday, implying shorts were coveri…

Sports

Dry Weather Forecast for Brazil Weighs on Arabica Coffee Prices

Coffee prices are mixed today. Arabica coffee is under pressure today on forecasts for mostly dry weather in Brazil’s coffee-growing regions over the next week, which should allow for the pace of the country’s coffee ha…

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Ample Global Supplies Undercut Cocoa Prices

Cocoa prices are moving lower today and are just above Tuesday’s 3.5-week lows. Cocoa prices have been under pressure over the past two weeks and posted 3.5-week lows on Tuesday on signs of larger global cocoa supplies …

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IXN, IBM, STX, CRM: Large Outflows Detected at ETF

Looking at the chart above, IXN's low point in its 52 week range is $93.27 per share, with $149.83 as the 52 week high point — that compares with a last trade of $132.51. Comparing the most recent share price to the 200…

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Hogs Look to Thursday Following Wednesday Weakness

Lean hog futures faced weakness on Wednesday, with contracts $1.37 to $2.57 lower. Open interest was down 1,898 contracts, mainly in nearby August. USDA’s national base hog price was reported at $101.79 on Wednesday aft…

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Notable ETF Outflow Detected - OEF, V, WMT, CAT

Looking at the chart above, OEF's low point in its 52 week range is $306.18 per share, with $379.02 as the 52 week high point — that compares with a last trade of $363.98. Comparing the most recent share price to the 20…

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Sumitomo Mitsui Trust Group Q1 Net Income Rises

(RTTNews) - Sumitomo Mitsui Trust Group, Inc. (MIU.F, 8309.T) reported first quarter net income attributable to owners of the parent of 142.2 billion yen, up 56.6% from 90.8 billion yen in the corresponding period last …

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Corn Getting a Thursday Morning Bounce

Corn price action is 1 to 2 cents higher so far on Thursday morning. Futures gave back the bounce from Tuesday, with contracts closing the Wednesday session down 2 to 9 ½ cents, led by the nearbys. Open interest was up …

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Cotton Rallying Back on Thursday Morning

Cotton prices are up 78 to 123 points early on Thursday. Futures were weaker on Wednesday, with contracts 67 to 119 points lower. Crude oil was back up $5.34 per barrel, with the US dollar index was 0.586. The Fed left …

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Noteworthy ETF Inflows: TLT

Looking at the chart above, TLT's low point in its 52 week range is $83.295 per share, with $101.64 as the 52 week high point — that compares with a last trade of $85.21. Comparing the most recent share price to the 200…

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Yum! Brands Q2 Profit Surges, Backs Long-term View - Update

(RTTNews) - Yum! Brands Inc. (YUM), which operates Pizza Hut, KFC, and Taco Bell brands, reported Thursday significantly higher profit in its second quarter, benefited mainly by positive tax impacts from the planned sal…

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Asian Shares Retreat On Iran War, Fed Outlook Concerns

(RTTNews) - Asian stocks fell broadly on Thursday, reversing early gains as investors reacted to escalating Middle East tensions, mixed tech earnings and a sell-off in U.S. bond markets amid uncertainty over where U.S. …