Cotton Extends Gains on Wednesday
Cotton futures saw gains of 42 to 91 points across most contracts on Wednesday session. Crude oil is up another $2.14 per barrel, with the US dollar index down 0.061.
Markets
Stocks Settle Lower as Crude Oil Prices Jump
The S&P 500 Index ($SPX) (SPY) on Wednesday closed down -0.14%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.01%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.54%. September E-mini S&P futures …
Improved Monsoon Rains in India Undercut Sugar Prices
Sugar prices settled lower on Wednesday as India’s monsoon rains continue to improve. India’s Meteorological Department reported on Wednesday that India’s cumulative monsoon rainfall was 19% below normal as of July 22, …
Brazil Coffee Harvest Pressures Weigh on Prices
September arabica coffee (KCU26) on Wednesday closed down -5.45 (-1.69%), and September ICE robusta coffee (RMU26) closed down -22 (-0.58%).
Dollar Eases on Euro and Yen Strength
The dollar index (DXY00) fell by -0.04% on Wednesday. The dollar posted modest losses on Wednesday amid a mild recovery in the euro and the yen. The euro rose ahead of Thursday's ECB meeting, and the yen recovered sligh…
Coffee Prices Ease on the Outlook for Brazil’s Coffee Harvest to Accelerate
September arabica coffee (KCU26) today is down -7.65 (-2.38%), and September ICE robusta coffee (RMU26) is down -62 (-1.62%).
Stock Indexes Mixed Ahead of Alphabet’s Earnings
The S&P 500 Index ($SPX) (SPY) today is down -0.09%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.10%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.29%. September E-mini S&P futures (ESU26) are down -0.0…
Canopy Growth Corporation (CGC) Dips More Than Broader Market: What You Should Know
Canopy Growth Corporation (CGC) closed at $0.91 in the latest trading session, marking a -2.67% move from the prior day. The stock fell short of the S&P 500, which registered a loss of 0.14% for the day. Meanwhile, the …
U.S. signs nuclear power agreement with Saudi Arabia
The U.S. signed an agreement with Saudi Arabia on Wednesday to develop a civilian nuclear program in the kingdom.
IBM lowers full-year forecast after earnings warning
IBM on Wednesday lowered its 2026 forecast and delivered thinner quarterly profits than analysts had projected, even after the technology vendor issued an earnings warning last week. IBM said it aims to widen its full-y…
Southwest Airlines' third-quarter forecast falls short as fuel bill climbs
Southwest Airlines reported a more than 9% increase in second-quarter profit from last year as higher fares are increasingly helping the airline cover its fuel tab, but its outlook for the summer fell below Wall Street …
IBM just cut its outlook. Why its stock is bouncing higher anyway.
Paypal and Cintas were among the best-performing stocks, while semiconductor stocks SanDisk, Marvell Technologies dropped.
John Paulson says we are in the early stages of a long-term bull market for gold
John Paulson, the hedge fund manager who made billions betting against the U.S. housing market before turning bullish on gold, said he believes the precious metal is only in the early stages of a long-term rally.
Improved Monsoon Rains in India Undercut Sugar Prices
Sugar prices settled lower on Wednesday as India’s monsoon rains continue to improve. India’s Meteorological Department reported on Wednesday that India’s cumulative monsoon rainfall was 19% below normal as of July 22, …
Cocoa Prices Slump Amid Weak Demand and Abundant Supplies
September ICE NY cocoa (CCU26) on Wednesday closed down -279 (-4.98%), and September ICE London cocoa #7 (CAU26) closed down -202 (-4.84%).
Stock Indexes Retreat as Crude Oil and Bond Yields Climb
The S&P 500 Index ($SPX) (SPY) today is down -0.13%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.15%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.48%. September E-mini S&P futures (ESU26) are down -0.1…
Brazil Coffee Harvest Pressures Weigh on Prices
September arabica coffee (KCU26) on Wednesday closed down -5.45 (-1.69%), and September ICE robusta coffee (RMU26) closed down -22 (-0.58%).
iShares California Muni Bond Getting Very Oversold
In trading on Friday, shares of the iShares California Muni Bond ETF (Symbol: CMF) entered into oversold territory, changing hands as low as $60.57 per share. We define oversold territory using the Relative Strength Ind…
CGMU Crosses Critical Technical Indicator
In the case of CGMU, the RSI reading has hit 28.3 — by comparison, the RSI reading for the S&P 500 is currently 59.6. A bullish investor could look at CGMU's 28.3 reading as a sign that the recent heavy selling is in th…
EVIM Crosses Critical Technical Indicator
In the case of Eaton Vance Intermediate Municipal Income, the RSI reading has hit 29.2 — by comparison, the RSI reading for the S&P 500 is currently 49.0. A bullish investor could look at EVIM's 29.2 reading as a sign t…
TDC Makes Notable Cross Below Critical Moving Average
In trading on Wednesday, shares of Teradata Corp (Symbol: TDC) crossed below their 200 day moving average of $48.84, changing hands as low as $48.67 per share. Teradata Corp shares are currently trading up about 1.1% on…
Digital Bank Revolut Is Valued At $115 Billion
Revolut, a digital bank that deals in cryptocurrencies, has been valued at $115 billion U.S. as part of a secondary share sale.
Senate crypto bill would ban federal officials — including presidents — from issuing digital assets
Presidents and other federal officials would be banned from issuing or sponsoring cryptocurrency and other digital assets under newly updated legislation the Senate is considering.
This ‘intrinsic value’ small-cap stock strategy keeps benefiting from deep research
On this week’s episode of The Morning Filter, Dave Sekera and Susan Dziubinski catch up on Federal Reserve Chair Jerome Powell’s remarks from Jackson Hole, Wyoming, and the latest tariff news. A couple of economic repor…