COMP May 2024 1.000 call
| Previous close | 2.3000 |
| Open | 2.3000 |
| Bid | 2.2000 |
| Ask | 2.3500 |
| Strike | 1.00 |
| Expiry date | 2024-05-17 |
| Day's range | 2.3000 - 2.3000 |
| Contract range | N/A |
| Volume | |
| Open interest | 484 |
- Reuters
US STOCKS-S&P 500 pauses after recent gains as investors assess rate path
The benchmark S&P 500 was broadly unchanged on Wednesday, pausing after a recent rally as investors assessed the outlook for U.S. monetary policy, while Uber's shares dropped on a downbeat forecast. Uber shed nearly 9%, becoming the biggest decliner on the S&P 500, after the ride-hailing platform forecast second-quarter gross bookings below expectations and posted a surprise first-quarter loss.
- Reuters
GLOBAL MARKETS-Stocks ease, dollar edges higher as market awaits CPI data
A gauge of global equity performance faltered on Wednesday as investors await new inflation data to assess the course of potential Federal Reserve interest rate cuts, while the dollar edged higher on expectations of U.S. economic out-performance. The main concern among traders and investors is whether inflation is on course to reach the U.S. central bank's 2% target and when Fed Chair Jerome Powell might cut rates. "The takeaway from last week was that Powell was not quite as hawkish as many investors were setting him up to be."
- Reuters
US STOCKS-Wall St dips as higher bond yields drag megacaps
U.S. stock indexes fell on Wednesday, dragged by losses in Tesla and Uber, while a rebound in bond yields further pressured megacap stocks as investors sought clarity on the Federal Reserve's rate path. Tesla fell 3.1% after Reuters reported that U.S. prosecutors were examining whether the company committed securities or wire fraud by misleading investors and consumers about its electric vehicles' self-driving capabilities. The day's losses come after the S&P 500 closed higher for a fourth straight session on Tuesday, its best winning run since March, while the blue-chip Dow scored a fifth session of gain in its longest positive run since December 2023.
