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30-Day Fed Funds Sep '16 (ZQU16)

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30-Day Fed Funds Futures Market News and Commentary

Stocks Give Up Early Gains and are Now in the Red

The S&P 500 Index ($SPX) (SPY) is down -0.24%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.05%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.42%. 

US stock indexes are moderately lower.  Earlier this morning, better-than-expected US economic reports showed economic strength, bolstering the prospects for a soft landing, which pushed the market higher.  Also, today's better-than-expected quarterly earnings from Elevance Health and DR Horton boosted health insurance stocks and homebuilders, respectively. 

However, since then indexes have been pulled lower from weakness in chip stocks.  Stocks are also being undercut by rising T-note yields and hawkish comments from NY Fed President Williams. 

Geopolitical risks in the Middle East continue to be a negative factor for stocks on concern Israel will retaliate after Iran fired a barrage of missiles and drones into Israel this past weekend.

US weekly initial unemployment claims were unchanged at 212,... Read more

Contract Specifications

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Contract
30-Day Fed Funds
Contract Size
$5,000,000
Tick Size
0.0025 points ($10.4175 per contract)
Trading Hours
5:00p.m. - 4:00p.m. (Sun-Fri) (Settles 2:00p.m.) CST
Exchange
CBOT
Point Value
$4,167
Margin/Maintenance
$275/250
First Notice Date
09/30/16
Expiration Date
09/30/16 (expired)

Seasonal Chart

30-Day Fed Funds Sep '16
Average Price Chart for 5 Prior Sep Contracts

Commitment of Traders Positions as of Apr 9, 2024

View Chart Details
Commercials - Long / Short
1,262,667 (+38,639)
1,222,880 (+72,688)
Non-Commercials - Long / Short
330,432 (+102,567)
361,128 (+60,048)
Dealers / Intermediary - Long / Short
339,524 (-36,120)
216,603 (+19,995)
Asset / Manager - Long / Short
12,166 (+803)
19,792 (+6,008)
Leveraged Funds - Long / Short
381,524 (+108,661)
504,724 (+40,033)
Other Reportables - Long / Short
57,318 (+3,783)
40,322 (+2,621)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
99.5750 +0.03%
on 09/09/16
99.6050 unch
on 09/30/16
+0.0215 (+0.02%)
since 08/30/16
3-Month
99.5700 +0.03%
on 08/29/16
99.6300 -0.03%
on 07/06/16
-0.0260 (-0.03%)
since 06/30/16
52-Week
99.2650 +0.34%
on 12/30/15
99.6900 -0.09%
on 06/24/16
+0.1140 (+0.11%)
since 09/30/15

More 30-Day Fed Funds Quotes

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Most Recent Stories

More News
Stocks Give Up Early Gains and are Now in the Red

The S&P 500 Index ($SPX ) (SPY ) is down -0.24%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.42%. US stock indexes are moderately...

$SPX : 5,015.16 (-0.14%)
SPY : 499.39 (-0.23%)
$DOWI : 37,777.23 (+0.06%)
DIA : 377.71 (+0.07%)
$IUXX : 17,426.61 (-0.38%)
QQQ : 423.53 (-0.54%)
ZNM24 : 107-235 (-0.39%)
UNH : 496.81 (+3.72%)
ELV : 529.32 (+4.00%)
CNC : 73.56 (+2.17%)
WEC : 80.23 (+0.75%)
LEN : 153.12 (+0.82%)
The ES can't hold a bid, this correction isn't over

In the big picture, stocks are expensive and bonds are cheap

Stocks Pressured by Higher Bond Yields and Chip Stock Weakness

The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.14%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.33%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.43%. US stock indexes this...

$SPX : 5,015.16 (-0.14%)
SPY : 499.39 (-0.23%)
$DOWI : 37,777.23 (+0.06%)
DIA : 377.71 (+0.07%)
$IUXX : 17,426.61 (-0.38%)
QQQ : 423.53 (-0.54%)
ZNM24 : 107-235 (-0.39%)
UNH : 496.81 (+3.72%)
WEC : 80.23 (+0.75%)
LEN : 153.12 (+0.82%)
BLDR : 182.03 (+1.52%)
PHM : 106.46 (+0.29%)
Gold/Silver: Metals Snap-Back After Broad Based Liquidation – Metals Minute w/ Phil Streible

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Manpower: Q1 Earnings Snapshot

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NOK : 3.44 (+3.30%)
Stocks Post Moderate Losses as Chip Stocks Retreat

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -0.58%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.12% and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.24%. US stock...

$SPX : 5,015.16 (-0.14%)
SPY : 499.39 (-0.23%)
$DOWI : 37,777.23 (+0.06%)
DIA : 377.71 (+0.07%)
$IUXX : 17,426.61 (-0.38%)
QQQ : 423.53 (-0.54%)
ZNM24 : 107-235 (-0.39%)
JBHT : 165.20 (-1.74%)
TRV : 209.32 (+1.33%)
ASML : 889.16 (-2.03%)
AMD : 154.40 (+0.25%)
LRCX : 887.57 (-2.71%)
Stocks Give Up Early Gains on Weakness in Chip Stocks

The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.22%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.55%. US stock indexes...

$SPX : 5,015.16 (-0.14%)
SPY : 499.39 (-0.23%)
$DOWI : 37,777.23 (+0.06%)
DIA : 377.71 (+0.07%)
$IUXX : 17,426.61 (-0.38%)
QQQ : 423.53 (-0.54%)
ZNM24 : 107-235 (-0.39%)
JBHT : 165.20 (-1.74%)
TRV : 209.32 (+1.33%)
ADSK : 210.65 (-1.99%)
ASML : 889.16 (-2.03%)
AMAT : 194.22 (-2.84%)
Stocks Rebound on Positive Q1 Earnings Results and Lower Bond Yields

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.42%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.33%. US stock indexes this morning...

$SPX : 5,015.16 (-0.14%)
SPY : 499.39 (-0.23%)
$DOWI : 37,777.23 (+0.06%)
DIA : 377.71 (+0.07%)
$IUXX : 17,426.61 (-0.38%)
QQQ : 423.53 (-0.54%)
ZNM24 : 107-235 (-0.39%)
UAL : 51.32 (+5.29%)
AAL : 14.05 (+1.15%)
DAL : 47.92 (+0.08%)
LUV : 29.04 (+0.90%)
AA : 35.35 (-0.56%)
Treasury Cash Market Penetration (TCMP): Shifting from Primary Dealer to TRACE Data

Learn how CME Group's Treasury cash market penetration assessment methodology has shifted from a primary dealer survey to FINRA’s Trade Reporting and Compliance Engine (TRACE) data.

Key Turning Points

3rd Resistance Point N/A
2nd Resistance Point 99.6063
1st Resistance Point 99.6052
Last Price 99.6040s
1st Support Level 99.6027
2nd Support Level 99.6013
3rd Support Level N/A

See More

52-Week High 99.6900
Last Price 99.6040s
Fibonacci 61.8% 99.5276
Fibonacci 50% 99.4775
Fibonacci 38.2% 99.4273
52-Week Low 99.2650

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