S&P Futures
5,887.00 -5.50 (-0.09%) Dow Futures
43,041.00 -128.00 (-0.30%) Nasdaq Futures
20,513.50 -28.50 (-0.14%) Russell 2000 Futures
2,243.20 -3.00 (-0.13%) Crude Oil
72.24 +0.15 (+0.21%) Gold
2,761.80 +2.00 (+0.07%)
CBOE Crude Oil Volatility Index (^OVX)
| Previous Close | 46.82 |
| Open | 48.92 |
| Volume |
| Day's Range | 47.05 - 49.64 |
| 52 Week Range | 22.75 - 54.59 |
| Avg. Volume | 0 |
- Yahoo Finance Video
2024 election uncertainty a factor in market volatility: Cboe
Elections are historically a catalyst for volatility in the market, and Cboe Global Markets (CBOE) head of product innovation Rob Hocking joins Catalysts to discuss the risks ahead for the market. Hocking notes two major themes from Cboe's annual Risk Management Conference: uncertainty and hedging in the market. He points to geopolitical and interest rate cut uncertainty alongside the US election giving investors some pause. "Right now, we're seeing in SPX (^SPX) options, we're seeing roughly call it a three vol [volatility] premium being priced into the November 6 options as opposed to the November 5 options kind of capturing that uncertainty in the election," he tells Yahoo Finance. "And then, previously, we had seen a drop off in the curve from there, kind of indicating that a contested election wasn't really something the market was pricing in. That since has changed, and now the curve is much more flat post-election, kind of implying that there is some risk to maybe a contested election and where we go from here." Looking at the volatility index (^VIX), Hocking explains that the market is not only unsure about the election's outcome, but also how long it may take to even get a result. However, it's not all bad news for the market: "After the market settles in, we'll move on to the next piece of information or the next data point on the horizon where people will start to price options around." Watch the video above to hear how this election compares to how the market reacted during the 2020 election. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Melanie Riehl
- Yahoo Finance Video
S&P 500, Dow notch record highs ahead of September CPI
The big three stock market indexes (^DJI, ^IXIC, ^GSPC) closed Wednesday's session in positive territory together. The Dow Jones Industrial Average rose by over 1%, notching a new record close alongside the S&P 500 as Wall Street looks ahead to September's Consumer Price Index (CPI) due out Thursday morning. Market Domination Overtime co-host Madison Mills recaps the day's moves across markets and Treasury yields (^TYX, ^TNX, ^FVX), while Yahoo Finance markets and data editor Jared Blikre examines sector gains and volatility in crude oil prices. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Luke Carberry Mogan.
