Services are about 75% of the economy, and this report was for November, which means it is the most wide-ranging and current datapoint we have at the moment.
Small-cap stocks powered higher Wednesday as expectations for a rate cut next week strengthened after weaker-than-expected private employment data. The Russell 2000 climbed more than 1% by midday in New York, lifted by rising odds of a 25-basis-point cut at the Fed's Dec. 10 meeting. The CME FedWatch tool shows a 90% chance of a move, with odds of another cut in January near 30%.
Oil prices are higher this morning after the API's report showed crude inventories fell last week, while negotiations to end Russia's war on Ukraine failed to reach an agreement.
Five hours of diplomatic talks between Russian President Vladimir Putin and US envoys ended without progress on Tuesday, sending ripple effects through digital asset markets as geopolitical risk premiums resurface heading into year end.
Hims & Hers agrees to acquire YourBio Health, adding painless microneedle blood-sampling tech and expanding its at-home testing capabilities ahead of an early-2026 close.
March NY world sugar #11 (SBH26 ) today is down -0.03 (-0.20%), and March London ICE white sugar #5 (SWH26 ) is down -2.90 (-0.68%). Sugar prices are moving lower today amid an outlook for larger sugar supplies from India. On Monday, sugar prices fe...
Soybeans are slipping back at midday, with losses of 4 to 6 cents. The cmdtyView national average Cash Bean price was 4 1/2 cents lower at $10.49 1/2. Soymeal futures are up 20 cents to $1.30, with Soy Oil futures 75 points higher. There were 3 deliv...
Lean hog futures are up 25 cents to $1 so far on Wednesday. USDA’s national base hog price was reported at $69.01 on Wednesday morning, down $1.05 from the day prior. The CME Lean Hog Index was down another 6 cents on December 1 at $81.61. CFTC data...
The wheat complex is trading with midday losses on Wednesday. Chicago SRW futures are steady to 2 cents in the red so far on the day. KC HRW futures are down 3 to 4 cents on Wednesday. MPLS spring wheat is fractionally lower so far at midday. There w...
Cotton prices are back down 6 to 10 points in the nearby contracts on Wednesday, fading back from early gains. Crude oil futures are up 73 cents per barrel at $59.37 on the day, with the US dollar index $0.436 lower to $98.860. Commitment of Traders...
Live cattle futures are up $1.50 to $2 so far on Wednesday. Cash trade has yet to take place this week. The Wednesday Fed Cattle Exchange online auction showed no sales on the 1,508 head offered, with bids of $217.5-220 live and $325-326 in the beef....
Corn futures are showing losses of 5 to 6 cents across most contracts on Wednesday. The CmdtyView national average Cash Corn price is down 5 1/2 cents at $3.99 3/4. Weekly EIA data from this morning showed a record ethanol production total in the we...
Stay updated with the movements of the S&P500 index in the middle of the day on Wednesday. Discover which stocks are leading as top gainers and losers in today's session.
Although not published by the federal government itself, the Fed’s measure of industrial production relies on some federal data, and thus it was not updated during the government shutdown
Looking for insights into the US markets in the middle of the day on Wednesday? Delve into the top gainers and losers of today's session and gain valuable market intelligence.
Microsoft lowers AI software sales targets as clients hesitate to buy, highlighting tension between spending and usage. Nadella dismisses fully autonomous AI companies and emphasizes human agency. Stock falls despite strong performance and aggressive investments in AI and cloud infrastructure.
UK invites pharma executives to help design a new drug-pricing system following a fresh US–UK agreement that raises NHS costs but protects medicine exports.
March ICE NY cocoa (CCH26 ) today is up +29 (+0.53%), and March ICE London cocoa #7 (CAH26 ) is down -28 (-0.69%). Cocoa prices are mixed today. Currency fluctuations today are affecting cocoa prices. NY cocoa is higher today amid a weaker dollar,...
