Options traders focus on inflation concerns, expect Federal Reserve rate decision to impact the market
ChainCatcher news, according to Golden Ten Data, Wall Street traders expect a strong jobs report to be released on Friday, but oil price fluctuations are shifting more attention toward inflation concerns. Crude oil prices continue to climb, while the stock market remains steady. Traders are worried about the persistence of inflationary pressures and the Federal Reserve's response, anticipating that the Fed's interest rate decision in June will be the most significant event for the S&P 500 index over the next month. According to Citigroup, the options market expects the index to fluctuate up or down by 0.6% on Friday.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AT&T and OpenAI reach a flagship partnership agreement and establish an internal legal design collaboration.
AT&T (T.US) and OpenAI have launched a flagship partnership agreement, establishing a collaborative internal legal design partnership between the two parties.
Spot gold breaks through $4130/ounce, up 0.47% intraday
Spot gold has just surpassed the $4,130.00 per ounce mark, with the latest price at $4,130.19 per ounce, up 0.47% on the day; COMEX gold futures main contract is now quoted at $4,155.00 per ounce, up 0.35% on the day.
U.S. stocks fluctuation | Optical communication concept stocks generally fall; Applied Optoelectronics (AAOI.US) drops over 5%
According to Zhitong Finance APP, on Thursday, fiber optic communication concept stocks broadly declined. Applied Optoelectronics (AAOI.US) fell over 5%, Coherent (COHR.US) dropped 4%, POET Technologies (POET.US) and Corning (GLW.US) both declined more than 3%, Marvell Technology (MRVL.US) and Nokia (NOK.US) slid nearly 3%, Lumentum (LITE.US) was down over 2%, and Credo Technology (CRDO.US) fell more than 1%.
【US Stock Movement】Mexican Grill surged on October 8: plans to launch group meals and Halloween marketing
Crypto prices
More
