Natural Gas Mar 31 (NGH31.NYM)
| Pre. Settlement | N/A |
| Settlement date | 2031-02-26 |
| Open | 3.4510 |
| Bid | N/A |
| Last price | 3.5390 |
| Day's range | 3.4510 - 3.4510 |
| Volume | |
| Ask | N/A |
FX EmpireThe Upcoming Fed’s Rate Decision and Its Impact on Gold, Oil, and Natural Gas
The Federal Reserve is all set to cut its September 18th meeting. The meeting can bring fresh impetus to commodity prices, with gold being the biggest beneficiary.
- Yahoo Finance Video
Chip stocks soar, housing market struggles: Morning Brief
On today's episode of Morning Brief, Hosts Brad Smith and Madison Mills break down the market open and some of the trading day's biggest stories. The S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) opened Thursday's trading session higher, while the Dow Jones Industrial Average (^DJI) hovered below its flat line. The tech sector continues to push the markets to new heights, as Nvidia (NVDA) has become the most valuable publicly traded company on the New York Stock Exchange. Meanwhile, Dell Technologies (DELL) has announced a new partnership with Nvidia to construct an AI factory for xAI, Elon Musk's artificial intelligence venture. In a parallel development, Musk indicated that xAI will also explore utilizing Super Micro Computer's (SMCI) server solutions. Meanwhile, new economic data releases painted a mixed picture of the labor market and housing sector in the United States. On the employment front, the number of initial jobless claims fell to 238,000 for the week ending June 15, coming in hotter than economists' expectations of 235,000. The housing sector also showed signs of strain, with both housing starts and building permits falling more than expected in May. Pulte Capital CEO Bill Pulte calls the print "a little bit of a speed bump" in an overall strong housing market. As the Swiss National Bank initiated its second interest rate cut this year, all eyes are on when the Federal Reserve will cut rates. JPMorgan US Head of Investment Strategy Jake Manoukian explains: "The Fed's going to join the party probably at some point this year. We're 90 days away from the September Fed meeting, traders are pricing in a 67% chance that that's the first cut." He adds that if a rate cut does not come in September, it will most likely come in December. This post was written by Melanie Riehl
- Yahoo Finance Video
Summer heat to crank up electricity bills, gas prices: EIA
Summer heat is forecasted to show in the outdoor thermometer and Americans' electricity bills, the Energy Information Administration (EIA) expected costs to rise by up to $173 per month from June to August. Yahoo Finance Senior Energy Reporter Ines Ferré breaks down the regional trends anticipated for electricity and natural gas prices (NG=F) over the summer months. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
