Tag: Derivative Securities

Bitcoin Rose on Rumors in 2023. How to Predict What Comes Next.
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Bitcoin Rose on Rumors in 2023. How to Predict What Comes Next.

Bitcoin may be a relatively new technology. It can still follow some pretty old market maxims.Back in October postings on X, formerly known as Twitter, suggested that the U.S. Securities and Exchange Commission had finally approved the listing of a BlackRock exchange-traded fund that would directly track the price of bitcoin. It was quickly clear that this wasn’t correct. The SEC has delayed decisions on so-called spot ETFs, with some key deadlines now in 2024.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
OPEC Is Losing Its Mojo on Wall Street
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OPEC Is Losing Its Mojo on Wall Street

Throttling back on oil production hasn’t helped OPEC and its allies to push up crude prices lately.At least four times in the past 15 months, members of the alliance known as OPEC+ have slashed oil output, only for prices to soon retreat anyway. A surge near $100 a barrel petered out earlier this year, and crude futures tumbled 10% in the two weeks after the coalition announced a roughly 5% reduction on Nov. 30.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
The Adrenaline-Fueled Trades Sweeping the Market
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The Adrenaline-Fueled Trades Sweeping the Market

Oodles of risk. Bold bets on artificial intelligence. Round-the-clock activity. The options market is booming like never before. About 44 million options contracts have changed hands on an average day in 2023, on track for an annual record based on Options Clearing Corp. data going back to 1973 and more than double the figure from five years ago.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
The Adrenaline-Fueled Trades Sweeping the Market
World

The Adrenaline-Fueled Trades Sweeping the Market

Oodles of risk. Bold bets on artificial intelligence. Round-the-clock activity. The options market is booming like never before. About 44 million options contracts have changed hands on an average day in 2023, on track for an annual record based on Options Clearing Corp. data going back to 1973 and more than double the figure from five years ago.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
How a $13.99 Snoopy Sparked a Gen-Z Craze
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How a $13.99 Snoopy Sparked a Gen-Z Craze

When Snoopy first appeared in the “Peanuts” comic strip in 1950, his creator Charles M. Schulz couldn’t have guessed that his hand-drawn beagle would spawn one of the hottest toys of 2023.The latest Gen-Z obsession is a $13.99 stuffed Snoopy toy wearing a little blue puffer and a striped hat. A CVS exclusive, the toy is sold out at the pharmacy chain’s locations all over the country. Online, it’s being resold on sites like eBay and Mercari for anywhere between $40 to $70. On Reddit, CVS employees swap stories about receiving dozens of daily phone calls asking if they still have the toy in stock. And on TikTok, young consumers are documenting their quests to get their hands on the stuffed beagle. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1...
Energy & Utilities Roundup: Market Talk
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Energy & Utilities Roundup: Market Talk

The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.0121 GMT – Oil rises in the morning Asian session. There seems to be technical-related buying after oil’s recent sell-off sent it into oversold territory, ANZ Research analysts say in a research note. OPEC’s recent announcement of deeper production cuts should also support physical balances but market participants will likely need to be convinced before any of these reductions are priced in, the analysts add. Front-month WTI crude oil futures and Brent crude oil futures are each 0.4% higher at $69.63/bbl and $74.36/bbl, respectively. (ronnie.harui@wsj.com)Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 ...
Treasury Yields Fall to Lowest Levels Since Summer
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Treasury Yields Fall to Lowest Levels Since Summer

Updated Dec. 5, 2023 5:38 pm ETThe bond rally resumed Tuesday, driving yields on benchmark 10-year U.S. notes to their lowest level since summer and lifting technology shares on an otherwise downbeat day for stocks. The technology-heavy Nasdaq Composite added 0.3%. In the S&P 500, technology and consumer-discretionary shares failed to offset declines in utilities, energy, materials and real-estate stocks, and the broad index shed less than 0.1%. The Dow Jones Industrial Average fell 0.2%, or about 80 points.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Hong Kong Exchange Starts Consultation to Allow Trading on Stormy Days
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Hong Kong Exchange Starts Consultation to Allow Trading on Stormy Days

Hong Kong’s stock market, notorious for shutting down on typhoon days, is moving toward allowing trades in bad weather.Hong Kong Exchanges & Clearing, the exchange operator, said on Thursday that it is taking feedback from the public until Jan. 26 on the proposal to let securities and derivatives trades continue as usual during severe weather conditions. Unlike other major exchanges, storms and heavy rains have closed down the Hong Kong market.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8