Previous close | 106.15 |
Open | 105.57 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 80.00 |
Expiry date | 2024-06-21 |
Day's range | 105.57 - 106.15 |
Contract range | N/A |
Volume | |
Open interest | 664 |
With the peak of first quarter earnings season in the rearview, stocks got back to their winning ways last week ahead of a slower calendar for corporate and economic news.
U.S. stock index futures edged higher on Monday, pointing to more gains on Wall Street, as traders priced in a higher chance of the Federal Reserve cutting interest rates this year. The benchmark S&P 500 and the blue-chip Dow closed at three-week highs on Friday after data showed U.S. job growth slowed more than expected in April, taking pressure off the U.S. central bank to keep rates higher for longer. Traders are currently pricing in rate cuts worth 48 basis points from the Fed by the end of 2024, with the first cut seen either in September or November, according to LSEG's rate probability app.
Berkshire Hathaway held its 2024 annual shareholders’ meeting on Saturday, the first without longtime vice chairman Charlie Munger. Berkshire CEO Warren Buffett held court in front of around 18,000 investors in attendance in Omaha, Neb., where he was joined by vice chairmen Greg Abel and Ajit Jain to give an update on the company’s business—and opine on questions ranging from his relationship with Munger to how Berkshire might deploy its massive $182 billion cash pile.