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Nasdaq 100 E-Mini Sep '24 (NQU24)

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Nasdaq 100 E-Mini Futures Market News and Commentary

Stocks Erase Early Gains and End Lower on Rising Bond Yields

The S&P 500 Index ($SPX) (SPY) Friday closed down -0.41%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.12%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.54%.

Stock indexes Friday gave up early gains and settled moderately lower, with the S&P 500 and Nasdaq 100 retreating from all-time highs.  Stocks came under pressure Friday after stronger-than-expected US economic reports on Jun MNI Chicago PMI and the University of Michigan Jun consumer sentiment index pushed the 10-year T-note yield to a 2-week high. 

Comments Friday from Richmond Fed President Barkin were slightly hawkish and negative for stocks when he said, "Given the remarkable strength we are seeing in the economy," he is open to the idea that the longer run rate that keeps supply and demand in balance "has shifted up somewhat" and that policy may not be as restrictive as perceived.

On Friday, stocks initially moved higher as easing US price pressures briefly knocked T-note yields... Read more

Contract Specifications

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Contract
E-Mini Nasdaq 100
Contract Size
$20 times Index
Tick Size
0.25 points ($5.00 per contact)
Trading Hours
5:00p.m. - 4:00p.m. (Sun-Fri) (Settles 3:00p.m.) CST
Exchange
CME
Point Value
$20
Margin/Maintenance
$19,470/17,700
First Notice Date
09/20/24 (83 days)
Expiration Date
09/20/24 (83 days)

Seasonal Chart

Nasdaq 100 E-Mini Sep '24
Average Price Chart for 5 Prior Sep Contracts

Commitment of Traders Positions as of Jun 25, 2024

View Chart Details
Commercials - Long / Short
129,886 (-69,744)
148,146 (-55,656)
Non-Commercials - Long / Short
67,869 (+2,767)
60,474 (-8,453)
Dealers / Intermediary - Long / Short
27,331 (-9,158)
82,955 (+16,910)
Asset / Manager - Long / Short
108,644 (+7,750)
20,811 (-4,014)
Leveraged Funds - Long / Short
41,822 (-429)
82,230 (-17,634)
Other Reportables - Long / Short
8,411 (-8,259)
11,077 (-2,490)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
18,482.75 +7.82%
on 05/31/24
20,371.00 -2.18%
on 06/20/24
+742.50 (+3.87%)
since 05/28/24
3-Month
17,333.50 +14.96%
on 04/19/24
20,371.00 -2.18%
on 06/20/24
+1,222.50 (+6.54%)
since 03/28/24
52-Week
14,750.00 +35.10%
on 10/26/23
20,371.00 -2.18%
on 06/20/24
+4,073.25 (+25.69%)
since 06/28/23

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Stocks Erase Early Gains and End Lower on Rising Bond Yields

The S&P 500 Index ($SPX ) (SPY ) Friday closed down -0.41%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.12%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.54%. Stock indexes...

$SPX : 5,460.48 (-0.41%)
SPY : 544.22 (-0.39%)
$DOWI : 39,118.86 (-0.12%)
DIA : 391.13 (-0.11%)
$IUXX : 19,682.87 (-0.54%)
QQQ : 479.11 (-0.52%)
ZNU24 : 109-315s (-0.24%)
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Is LyondellBasell Industries Stock Underperforming the S&P 500?

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How Is Dow's Stock Performance Compared to Other Basic Materials Stocks?

Dow has recently underperformed other basic materials stocks, but Wall Street analysts anticipate a modest upside for the stock.

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Is Super Micro Computer Stock Outperforming the Dow?

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SMCI : 819.35 (-7.98%)
$DOWI : 39,118.86 (-0.12%)
HPE : 21.17 (+0.62%)

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 20,531.92
2nd Resistance Point 20,402.58
1st Resistance Point 20,164.92
Last Price 19,927.25s
1st Support Level 19,797.92
2nd Support Level 19,668.58
3rd Support Level 19,430.92

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52-Week High 20,371.00
Last Price 19,927.25s
Fibonacci 61.8% 18,223.78
Fibonacci 50% 17,560.50
Fibonacci 38.2% 16,897.22
52-Week Low 14,750.00

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