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Dow Futures Mini Jun '24 (YMM24)

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Dow Futures Mini Futures Market News and Commentary

Stocks Settle Mixed as Indexes Consolidate Below Record Highs

The S&P 500 Index ($SPX) (SPY) Friday closed up +0.12%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.34%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.06%. 

US stock indexes settled mixed on Friday as they consolidated just below this week’s all-time highs.  Stocks garnered some support Friday on dovish comments made Thursday evening from Atlanta Fed President Bostic, who said if the outlook unfolds as he expects, referring to slowly moderating inflation and continued economic momentum, "then it could be appropriate for us to reduce rates toward the end of the year."

Higher T-note yields on Friday weighed on chip stocks and kept the Nasdaq 100 in negative territory.  Hawkish comments from Fed Governor Bowman pushed T-note yields higher when she said, "With average core CPI this year through April running at an annualized rate of 4.3%, well above average inflation in the second half of last year, I expect inflation to remain elevated for some time."... Read more

Contract Specifications

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Contract
E-Mini Dow Jones Industrial Average
Contract Size
$5 times Index
Tick Size
1 point ($5.00 per contract)
Trading Hours
5:00p.m. - 4:00p.m. (Sun-Fri) CST (Settles 3:00p.m.) CST
Exchange
CBOT
Point Value
$5
Margin/Maintenance
$9,240/8,400
First Notice Date
06/21/24 (35 days)
Expiration Date
06/21/24 (35 days)

Seasonal Chart

Dow Futures Mini Jun '24
Average Price Chart for 5 Prior Jun Contracts

Commitment of Traders Positions as of May 14, 2024

View Chart Details
Commercials - Long / Short
57,006 (-55)
76,183 (+8,275)
Non-Commercials - Long / Short
24,739 (+5,434)
8,966 (-1,675)
Dealers / Intermediary - Long / Short
36,328 (-3,441)
63,201 (+5,276)
Asset / Manager - Long / Short
19,671 (+3,397)
5,344 (-557)
Leveraged Funds - Long / Short
23,760 (+6,304)
12,670 (+3,009)
Other Reportables - Long / Short
200 (-76)
2,148 (-323)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
37,463 +7.13%
on 04/19/24
40,191 -0.14%
on 05/16/24
+2,144 (+5.64%)
since 04/17/24
3-Month
37,463 +7.13%
on 04/19/24
40,358 -0.56%
on 04/01/24
+1,029 (+2.63%)
since 02/16/24

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Most Recent Stories

More News
Stocks Settle Mixed as Indexes Consolidate Below Record Highs

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.12%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.34%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.06%. US stock indexes...

$SPX : 5,303.27 (+0.12%)
SPY : 529.45 (+0.14%)
$DOWI : 40,003.59 (+0.34%)
DIA : 399.95 (+0.19%)
$IUXX : 18,546.23 (-0.06%)
QQQ : 451.75 (-0.05%)
ZNM24 : 109-050 (-0.30%)
FCX : 54.23 (+4.21%)
CB : 274.28 (+3.55%)
DD : 79.91 (+3.02%)
DOCS : 28.03 (+18.07%)
RDDT : 62.04 (+10.04%)
3 Airline Stocks That Analysts Like Better Than Southwest

With Southwest Airlines shares taking a major blow amid Boeing’s ongoing safety concerns, here are three airline stocks that analysts favor.

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LUV : 27.86 (-0.43%)
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AAL : 14.73 (-0.37%)
EADSY : 43.2200 (+0.58%)
ALK : 43.29 (+0.02%)
Shopify Looks Cheap Based on Its FCF, and Shorting OTM Puts is a Good Way to Buy In

Shopify Inc. reported higher revenue and strong FCF margins on May 8. But SHOP stock is down on market disappointment. That gives a cheap entry point for value investors, especially with a short put strategy....

SHOP : 58.53 (+1.25%)
BlackRock Retains Major $7B Oklahoma Pension Contract as Anti-ESG Law Faces Legal Challenge

BlackRock (BLK) has successfully retained its $7.3 billion investment contract with the Oklahoma Public Employees Retirement System (Opers), following a state judge’s decision to pause the enforcement...

BLK : 812.22 (+0.56%)
Surge in Electronic Trading Transforms Private Debt Market Dynamics

The rise of electronic trading and the growing popularity of portfolio trading have had an unexpected consequence for the U.S. corporate bond market: making private credit more attractive. Portfolio trading,...

JPM : 204.79 (+1.15%)
BCS : 11.12 (+1.65%)
Are Wall Street Analysts Predicting Newmont Mining Stock Will Climb or Sink?

Newmont Mining has underperformed the broader market over the past year, but Wall Street analysts remain optimistic about the company’s prospects.

NEM : 43.74 (+2.10%)
$SPX : 5,303.27 (+0.12%)
RING : 29.50 (+3.15%)
Up 88% in 2023, Can Wayfair Stock Repeat The Feat in 2024?

Most Wall Street analysts have a very optimistic outlook for this consumer stock, expecting it to soar more than 60% from current levels.

W : 67.10 (-2.29%)
$SPX : 5,303.27 (+0.12%)
Devon Energy Stock: Is Wall Street Bullish or Bearish?

Devon Energy has underperformed the broader market over the past year, but Wall Street analysts are still bullish about the stock’s prospects.

DVN : 49.62 (+0.77%)
$SPX : 5,303.27 (+0.12%)
IEO : 104.46 (+1.62%)
Elon Musk Pushes Plan for China Data Center to Enhance Tesla's AI Ambitions

Tesla is advancing plans to harness data from its vehicles in China to drive the global development of its self-driving system, according to sources familiar with the strategy. Elon Musk’s company is...

TSLA : 177.46 (+1.50%)
NVDA : 924.79 (-1.99%)
BIDU : 110.57 (-1.79%)
TM : 219.76 (+1.92%)
AI Data Centers to Create Competitive Disparities for Europe, Says BlackRock's Fink

The substantial power supply required by data centers to support artificial intelligence (AI) technologies will create competitive issues among countries and place Europe at a disadvantage, BlackRock CEO...

BLK : 812.22 (+0.56%)

Barchart Trading Guide

The Barchart Trading Guide is a Buy Signal with a Maximum Signal Strength.

Key Turning Points

3rd Resistance Point 40,353
2nd Resistance Point 40,272
1st Resistance Point 40,141
Last Price 40,133
1st Support Level 39,929
2nd Support Level 39,848
3rd Support Level 39,717

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52-Week High 40,358
Last Price 40,133
Fibonacci 61.8% 37,570
Fibonacci 50% 36,709
Fibonacci 38.2% 35,847
52-Week Low 33,059

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