| Previous close | 186.90 |
| Open | 186.90 |
| Bid | 216.60 |
| Ask | 231.80 |
| Strike | 10,700.00 |
| Expiry date | 2024-09-20 |
| Day's range | 186.90 - 186.90 |
| Contract range | N/A |
| Volume | |
| Open interest | 3 |
- Yahoo Finance Video
Are investors, stocks too eager for rate cuts in early 2024?
Investors chase the narrative that interest rate cuts will be appearing sooner rather than later in 2024, despite Federal Reserve Chair Jerome Powell's comments underlining the contrary. Rockland Trust SVP and Director of Research Doug Butler highlights investor sentiment on recent market rallies and Fed commentary. "I think we could end the year next year at 5,000, up 10% or so from here," Butler tells Yahoo Finance on his S&P 500 (^GSPC) outlook. "But, my guess is we have some sort of 20 to 30% pullback at some point — by the way, could happen after we hit 5,000 in March..." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
- Yahoo Finance Video
Stocks close November higher after strong rally
November has come and gone but the equity gains may be here to stay. Yahoo Finance Markets Reporter Jared Blikre examines market indexes (^GSPC, ^DJI, ^IXIC) as an early Santa Claus rally pushes nearly all sectors higher to close out the month. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
- Yahoo Finance Video
2024 election is 'not a reason to be worried' for markets
Carson Group Chief Market Strategist Ryan Detrick foresees a rally in bond and equity markets despite economic uncertainties. With the snapback off correction lows, Detrick notes broad participation as productivity strengthens, jobs growth persists, and earnings forecasts brighten for 2024. Though admitting all is not perfect, Detrick’s bullish posture stays intact with an "Overweight" stance on stocks amid no signs of imminent recession risks in areas like small caps — which he believes is favorable for investors. If the Fed pivots dovishly, Detrick expects smaller companies to outperform as valuations grow increasingly attractive relative to lagging defensive sectors like consumer staples, utilities, and real estate. As the 2024 presidential election approaches, Detrick does believe slight market changes will occur across policies, Federal Reserve decisions, and other factors. However, Detrick believes political shifts alone seem unlikely to derail markets. "There's a lot of other factors, we're aware of that," Detrick tells Yahoo Finance, adding: "But when the fundamentals are there, it is what it is." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
