Previous close | 11.15 |
Open | 11.55 |
Bid | 11.40 |
Ask | 11.85 |
Strike | 270.00 |
Expiry date | 2024-12-20 |
Day's range | 11.25 - 11.65 |
Contract range | N/A |
Volume | |
Open interest | 245 |
A highly anticipated interest-rate decision by the Federal Reserve will be this week’s highlight. Retail sales and housing market data, corporate earnings, and a Bank of Japan policy meeting will also be of interest. Policymakers have signaled they will cut rates at the Fed’s September meeting, which ends on Wednesday afternoon.
A pivotal week will revolve around the Fed's expected rate cut, but Salesforce, FedEx and Lennar will also make news.
Federal Reserve officials will be convening in Washington next week for their September policy meeting where the central bank is expected to issue its first interest rate cut. A US appeals court will hear challenges to the Biden administration's law that could ban the popular app TikTok unless its parent company ByteDance sells it to a non-Chinese entity on Monday, September 16. While August's retail sales are due out Tuesday, September 17, companies such as FedEx (FDX), Lennar (LEN), and General Mills (GIS) are expected to report earnings throughout the week. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.