Futures https://www.benzinga.com/views/taxonomy/term/86 en History Suggests Record 50-Day Stock Market Rally May Be Just The Beginning https://www.benzinga.com/analyst-ratings/analyst-color/20/06/16182262/history-suggests-record-50-day-stock-market-rally-may-be-just-the-beginning <p>The S&amp;P 500 has gained a record 39.6% since it hit its 2020 low back on March 23. Not only has that rally erased much of the year&rsquo;s COVID-19-related losses, it&#39;s also the best 50-day stretch in the history of the market.</p> <p>After such a strong rally, traders are understandably getting uneasy&nbsp;the market is overbought and due for a pullback. However, from a purely historical perspective, the strongest 50-day periods have generally led to even more gains over the year that follows, according to LPL Financial Senior Market Strategist Ryan Detrick.</p> <h3><strong>A Closer Look</strong></h3> <p>On Thursday, <a href="https://lplresearch.com/2020/06/04/best-50-day-rally-ever/">Detrick looked</a> at the seven other times since the S&amp;P 500 ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/20/06/16182262/history-suggests-record-50-day-stock-market-rally-may-be-just-the-beginning alt=History Suggests Record 50-Day Stock Market Rally May Be Just The Beginning>Full story available on Benzinga.com</a></p> Analyst Color Long Ideas LPL Financial Ryan Detrick SPX SPY Futures Top Stories Markets Analyst Ratings Trading Ideas SPY US78462F1030 SPX Long Ideas Analyst Color Futures Top Stories Markets Analyst Ratings Trading Ideas Benzinga Thu, 04 Jun 2020 22:10:23 +0000 Wayne Duggan 16182262 at https://www.benzinga.com A Peek Into The Markets: US Stock Futures Down; Jobless Claims Report In Focus https://www.benzinga.com/news/earnings/20/06/16177645/a-peek-into-the-markets-us-stock-futures-down-jobless-claims-report-in-focus <p><strong>Pre-open movers</strong></p> <p>U.S. stock futures traded lower in early pre-market trade, after posting a strong rise in the prior session. Investors are awaiting earnings reports from <strong>JM Smucker Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sjm#NYSE">SJM</a>), <strong>Michaels Companies Inc. </strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mik#NASDAQ">MIK</a>), <strong>Ciena Inc. </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cien#NYSE">CIEN</a>), <strong>Broadcom Inc. </strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/avgo#NASDAQ">AVGO</a>) and <strong>Slack Technologies, Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/work#NYSE">WORK</a>). The Challenger job-cut report for May is scheduled for release at 7:30 a.m. ET. Data on initial jobless claims for the recent week, international trade for April and nonfarm productivity for the first quarter will be released at 8:30 a.m. ET.</p> <p>The U.S. has the highest number of COVID-19 cases and deaths in the world. Total coronavirus cases in the U.S. exceeded 1,851,520 with around 107,170 deaths. Russia reported a total ...</p><p><a href=https://www.benzinga.com/news/earnings/20/06/16177645/a-peek-into-the-markets-us-stock-futures-down-jobless-claims-report-in-focus alt=A Peek Into The Markets: US Stock Futures Down; Jobless Claims Report In Focus>Full story available on Benzinga.com</a></p> A Peek Into The Markets ALRN AVGO CIEN Earnings MIK News Penny Stocks PLNT SJM WORK ZUO Eurozone Futures Global Pre-Market Outlook Markets CIEN US1717793095 SJM US8326964058 AVGO SG9999006241 ALRN MIK PLNT ZUO WORK News Earnings Penny Stocks Eurozone Futures Global Pre-Market Outlook Markets Benzinga Thu, 04 Jun 2020 10:14:54 +0000 Lisa Levin 16177645 at https://www.benzinga.com Interactive Brokers, Phillip Capital Group Partner With The Small Exchange https://www.benzinga.com/markets/futures/20/06/16169957/interactive-brokers-phillip-capital-group-partner-with-the-small-exchange <p>On the heels of launching a futures exchange and receiving approvals from the <strong>U.S. Commodity Futures Trading Commission (CFTC) </strong>and <strong>Options Clearing Corporation (OCC)</strong>, the <strong>Small Exchange</strong> announced it secured a $4 million investment from <strong>Interactive Brokers Group</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ibkr#NASDAQ">IBKR</a>) and <strong>Phillip Capital Group</strong>.</p> <h3><strong>What Does It Mean?</strong></h3> <p>As part of the development, the two organizations will serve as strategic partners in helping the Small Exchange expand its portfolio of consumable, retail-friendly derivatives products to the retail customer and new trading firms.</p> <p><a href="https://www.benzinga.com/fintech/20/05/16081197/a-chance-to-change-the-world-the-small-exchange-opens-launches-small-standard-and-simple-futures-pro">Launched on June 1</a>, the Small Exchange offers market participants access to investment vehicles that offer direct exposure to the following small, standard, and simple futures contracts:</p> <ul> <li><strong>Small US Dollar (SFX)</strong>: An FX product priced directly to the USD.</li> <li><strong>Small Stocks 75 (SM75)</strong>: A diversified index that provides exposure ...</li></ul><p><a href=https://www.benzinga.com/markets/futures/20/06/16169957/interactive-brokers-phillip-capital-group-partner-with-the-small-exchange alt=Interactive Brokers, Phillip Capital Group Partner With The Small Exchange>Full story available on Benzinga.com</a></p> CFTC Donald Roberts IBKR Interactive Brokers Group OCC Phillip Capital Group small exchange Tom Sosnoff Futures Options Startups Exclusives Markets Interview IBKR US45841N1072 Futures Options Startups Exclusives Markets Interview Benzinga Wed, 03 Jun 2020 14:43:28 +0000 Renato Capelj 16169957 at https://www.benzinga.com Stocks Keep Rallying Even During Protests Because 'Nobody Is Investing To Make The World A Better Place,' Analysts Say https://www.benzinga.com/analyst-ratings/analyst-color/20/06/16166472/stocks-keep-rallying-even-during-protests-because-nobody-is-investing-to-make-the-w <p>The markets remain focussed on reopening as coronavirus pandemic caused lockdowns are slowly coming&nbsp;to an end, and stocks&nbsp;<a href="https://www.cnbc.com/2020/06/02/why-stocks-could-keep-going-higher-even-with-massive-unrest-across-america.html">continue</a> their rally, despite looming protests on the horizon, according to analysts.</p> <h3>What Happened</h3> <p>Traders are discounting civil and political turmoil in the United States and focussing on reopening of the economy. On Tuesday, the DOW closed 1.1%, while the S&amp;P gained 0.8%. The S&amp;P 500 has risen for the past six out of seven sessions and clocked a 38% gain from its March low.&nbsp;</p> <p>Strong stimulus measures on both the monetary and fiscal sides are propping up the markets, which remain unaffected even ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/20/06/16166472/stocks-keep-rallying-even-during-protests-because-nobody-is-investing-to-make-the-w alt=Stocks Keep Rallying Even During Protests Because &#039;Nobody Is Investing To Make The World A Better Place,&#039; Analysts Say>Full story available on Benzinga.com</a></p> AMZN Analyst Color CNBC Covid-19 FB George Floyd Government Jim Cramer News NFLX protests WORK ZM Futures Psychology Top Stories Markets General AMZN US0231351067 NFLX US64110L1061 FB ZM WORK News Analyst Color Government Futures Psychology Top Stories Markets General Benzinga Wed, 03 Jun 2020 10:45:47 +0000 Shivdeep Dhaliwal 16166472 at https://www.benzinga.com A Peek Into The Markets: US Stock Futures Rise Ahead Of ADP Jobs Report https://www.benzinga.com/news/earnings/20/06/16167120/a-peek-into-the-markets-us-stock-futures-rise-ahead-of-adp-jobs-report <p><strong>Pre-open movers</strong></p> <p>U.S. stock futures traded higher in early pre-market trade, after posting a rise in the earlier session. Investors are awaiting earnings reports from <strong> Campbell Soup Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cpb#NYSE">CPB</a>), <strong>American Eagle Outfitters Inc. </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/aeo#NYSE">AEO</a>) and <strong>Express Inc. </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/expr#NYSE">EXPR</a>). The ADP national employment report for May will be released at 8:15 a.m. ET, while US Services PMI for May is scheduled for release at 9:45 a.m. ET. Data on factory orders for April and the ISM&#39;s non-manufacturing index for May will be released at 10:00 a.m. ET.</p> <p>The U.S. has the highest number of COVID-19 cases and deaths in the world. Total coronavirus cases in the U.S. exceeded 1,831,820 with around 106,180 deaths. Russia reported a total of at least 423,180 ...</p><p><a href=https://www.benzinga.com/news/earnings/20/06/16167120/a-peek-into-the-markets-us-stock-futures-rise-ahead-of-adp-jobs-report alt=A Peek Into The Markets: US Stock Futures Rise Ahead Of ADP Jobs Report>Full story available on Benzinga.com</a></p> A Peek Into The Markets AEO AMZN CPB Earnings EXPR LYFT MCHP News Penny Stocks ZM Eurozone Futures Global Pre-Market Outlook Markets AMZN US0231351067 MCHP US5950171042 AEO US02553E1064 CPB US1344291091 EXPR US30219E1038 LYFT ZM News Earnings Penny Stocks Eurozone Futures Global Pre-Market Outlook Markets Benzinga Wed, 03 Jun 2020 10:04:21 +0000 Lisa Levin 16167120 at https://www.benzinga.com A Peek Into The Markets: US Stock Futures Up; Crude Oil Rises Over 2% https://www.benzinga.com/news/earnings/20/06/16157378/a-peek-into-the-markets-us-stock-futures-up-crude-oil-rises-over-2 <p><strong>Pre-open movers</strong></p> <p>U.S. stock futures traded higher in early pre-market trade, after posting a rise in the previous session. Investors are awaiting earnings reports from <strong>Dick&#39;s Sporting Goods Inc. </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dks#NYSE">DKS</a>), <strong>Donaldson Inc. </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dci#NYSE">DCI</a>) and <strong>Zoom Video Communications, Inc. </strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/zm#NASDAQ">ZM</a>).</p> <p>The U.S. has the highest number of COVID-19 cases and deaths in the world. Total coronavirus cases in the U.S. exceeded 1,811,270 with around 105,140 deaths. Russia reported a total of at least 423,180 confirmed cases, while Brazil confirmed over 526,440 cases.</p> <p>Futures for the Dow Jones Industrial Average climbed 133 points to 25,596 while ...</p><p><a href=https://www.benzinga.com/news/earnings/20/06/16157378/a-peek-into-the-markets-us-stock-futures-up-crude-oil-rises-over-2 alt=A Peek Into The Markets: US Stock Futures Up; Crude Oil Rises Over 2%>Full story available on Benzinga.com</a></p> A Peek Into The Markets AAPL DCI DKS Earnings ITRM MGI News OSUR Penny Stocks SFIX WU ZM Eurozone Futures Global Pre-Market Outlook Markets AAPL US0378331005 OSUR US68554V1089 DCI US2576511099 DKS US2533931026 MGI US60935Y2081 WU US9598021098 SFIX ITRM ZM News Earnings Penny Stocks Eurozone Futures Global Pre-Market Outlook Markets Benzinga Tue, 02 Jun 2020 10:03:17 +0000 Lisa Levin 16157378 at https://www.benzinga.com The 'Real' S&P 500 And Why The Current Rally Makes Sense https://www.benzinga.com/markets/futures/20/06/16147738/the-real-s-p-500-and-why-the-current-rally-makes-sense <p>Many casual observers and professionals alike have been confounded by the incredible stock market rally over the past couple of months. As this article is being written the S&amp;P 500 is above 3,000, which represents a rally off the March 23 bottom of close to 40%.</p> <p>With the unemployment rate at 15% (likely set to increase further next month), GDP poised to drop at a staggering annualized rate of more than 30% during the current quarter, and an ever-increasing tide of small business closures and bankruptcies; it almost seems impossible for the stock market to have largely shrugged off the pandemic. The S&amp;P 500 is only down 6.0% in 2020 and up 8.5% over the past full year.&nbsp;</p> <p>Despite this surface data screaming &lsquo;the stock market is crazy&rsquo;, &lsquo;this rally is doomed&rsquo;, and &lsquo;we are bound to crash again&rsquo;, investors have to dig into information that lies beneath this dark veneer to understand why S&amp;P 500 3,000 makes perfect sense.&nbsp;</p> <p>There are two main areas to investigate; current economics/government programs and the current sector make up of the S&amp;P 500.&nbsp;</p> <h3>Economics/Government Stimulus:&nbsp;</h3> <ul> <li>Despite current headline unemployment of 14.7%, it was self-reported that just under 90% of these newly unemployed view their status as temporary. This means they believe they will return to their original job within 6 months. If this is the case, the real &lsquo;permanent&rsquo; unemployment rate might be closer to 5.5% to 6.5%. It is likely this will increase as we move into May/June, but it is tough to directly compare current headline numbers to past unemployment rates, because of the unique &lsquo;lockdown&rsquo; impact.</li> <li>Regardless if the unemployment is temporary or long term, it is estimated that as astonishing 68% of those currently receiving unemployment (with ...</li></ul><p><a href=https://www.benzinga.com/markets/futures/20/06/16147738/the-real-s-p-500-and-why-the-current-rally-makes-sense alt=The &#039;Real&#039; S&amp;P 500 And Why The Current Rally Makes Sense>Full story available on Benzinga.com</a></p> AMZN contributor Covid-19 FB GOOG GOOGL HYG LQD S&P 500 SPY Futures Opinion Federal Reserve Markets HYG US4642885135 LQD US4642872422 SPY US78462F1030 AMZN US0231351067 GOOG US38259P7069 FB GOOGL US38259P5089 Futures Opinion Federal Reserve Markets Benzinga Mon, 01 Jun 2020 11:04:26 +0000 Eric Mancini 16147738 at https://www.benzinga.com A Peek Into The Markets: US Stock Futures Edge Lower Following Weekend of Violent Protests; Manufacturing Data In Focus https://www.benzinga.com/news/earnings/20/06/16147239/a-peek-into-the-markets-us-stock-futures-edge-lower-following-weekend-of-violent-protests-manufactu <p><strong>Pre-open movers</strong></p> <p>U.S. stock futures traded slightly lower in early pre-market trade, after posting strong gains for the month of May. Investors also assessed violent protests over the death of George Floyd in Minneapolis. The manufacturing PMI for May is scheduled for release at 9:45 a.m. ET. The ISM manufacturing index for May and data on construction spending for April will be released at 10:00 a.m. ET.</p> <p>The U.S. has the highest number of COVID-19 cases and deaths in the world. Total coronavirus cases in the U.S. exceeded 1,790,190 with around 104,380 deaths. Russia reported a total of at least 405,840 confirmed cases, while Brazil confirmed over 514,840 cases.</p> <p>Futures for the Dow Jones Industrial Average dropped 31 points to 25,347 while the Standard &amp; Poor&rsquo;s 500 index futures traded fell 6 points to 3,036.00. Futures for the Nasdaq 100 index fell 38 points ...</p><p><a href=https://www.benzinga.com/news/earnings/20/06/16147239/a-peek-into-the-markets-us-stock-futures-edge-lower-following-weekend-of-violent-protests-manufactu alt=A Peek Into The Markets: US Stock Futures Edge Lower Following Weekend of Violent Protests; Manufacturing Data In Focus>Full story available on Benzinga.com</a></p> A Peek Into The Markets Earnings News OXY PFE TGT WMT Eurozone Futures Global Pre-Market Outlook Markets OXY US6745991058 PFE US7170811035 TGT US87612E1064 WMT US9311421039 News Earnings Eurozone Futures Global Pre-Market Outlook Markets Benzinga Mon, 01 Jun 2020 10:02:35 +0000 Lisa Levin 16147239 at https://www.benzinga.com A Peek Into The Markets: US Stock Futures Down; All Eyes On Trump's News Conference On China https://www.benzinga.com/news/earnings/20/05/16135888/a-peek-into-the-markets-us-stock-futures-down-all-eyes-on-trumps-news-conference-on-china <p><strong>Pre-open movers</strong></p> <p>U.S. stock futures traded lower in early pre-market trade, ahead of President Donald Trump&rsquo;s news conference on U.S.-China relations. Data on U.S. international trade in goods, personal income, consumer spending and wholesale inventories for April will be released at 8:30 a.m. ET. The Chicago PMI for May is scheduled for release at 9:45 a.m. ET, while the University of Michigan&#39;s consumer sentiment index for May will be released at 10:00 a.m. ET. Federal Reserve Chairman Jerome Powell is set to speak at 11:00 a.m. ET.</p> <p>The U.S. has the highest number of COVID-19 cases and deaths in the world. Total coronavirus cases in the U.S. exceeded 1,721,920 with around 101,620 deaths. Russia reported a total of at least 387,620 confirmed cases, ...</p><p><a href=https://www.benzinga.com/news/earnings/20/05/16135888/a-peek-into-the-markets-us-stock-futures-down-all-eyes-on-trumps-news-conference-on-china alt=A Peek Into The Markets: US Stock Futures Down; All Eyes On Trump&#039;s News Conference On China>Full story available on Benzinga.com</a></p> A Peek Into The Markets BIG COST CRM DXC Earnings MRVL News Eurozone Futures Global Pre-Market Outlook Markets COST US22160K1051 MRVL BMG5876H1051 BIG US0893021032 CRM US79466L3024 DXC News Earnings Eurozone Futures Global Pre-Market Outlook Markets Benzinga Fri, 29 May 2020 10:10:04 +0000 Lisa Levin 16135888 at https://www.benzinga.com Negative Rates: Four Real World Experiences https://www.benzinga.com/general/education/20/05/16128324/negative-rates-four-real-world-experiences <p>Negative interest rates are controversial. As we discover the extensive damage done to the global economy from the pandemic of 2020, there will likely be calls from some quarters for more central banks, including the US Federal Reserve (Fed), to cut short-term rates below zero. And, there could be considerable dissent.</p> <p>We want to explore the empirical evidence in terms of market reactions to better appreciate the pros and cons for negative rates. For this study, we turn to the foreign exchange (FX) markets. In both the academic and practitioner literature, FX markets are a respected bellwether for the relative prospects of currency pairs, evaluating the differences in monetary policy, growth prospects, trade flows, and inflation. The question we are posing is: What have the FX markets told us about negative rates?</p> <p>We will delve into why the FX markets are an especially good empirical guide as to how negative rates worked, examine the reasons for the implementation of negative rates, and then study four central banks that have experimented with negative rates. To anticipate our conclusions:</p> <ul> <li>FX markets have typically (not every time) responded to a move into negative rates with a strengthening of the currency or a reduced pace of depreciation. While the quick response was appreciation, in some cases it did not last as other factors came into play.</li> <li>We interpret currency appreciation as the market&rsquo;s evaluation that the monetary policy has been tightened, not loosened as was intended.</li> <li>The principal reason that negative rates are not stimulatory appears to be that they act as a tax on the banking system and actually restrict the provision of credit.</li> </ul> <h2 class="cmeTitleText">FX Theory &amp; Relative Monetary Policy</h2> <p>FX markets determine the relative price of one currency versus another. As such, there is an abundance of literature studying exchange rates in terms of how monetary policy, economic growth, inflation, and trade flows impact currencies. David Hume (1741, 1758)<sup>1</sup> was an early writer on the flow of money and its impact on exchange rates, arguing that increasing the money supply artificially would lead to inflation and a weaker currency. Hume made the point that such policies would not work to increase economic growth, since money (water, in his analogy) would flow among nations to find a level appropriate to the &ldquo;art and industry&rdquo; of each country.</p> <p>The modern treatment of the relationship of monetary policy to exchange rates is anchored in the work of Nobel Prize winner Robert Mundell (1960, 1961, 1968),<sup>2</sup> and carried through in the studies of Jacob Frenkel and Harry G. Johnson (1976),<sup>3</sup> as well as Art Laffer (1969);<sup>4</sup> summarized in a study by Stephen McGee (1976)<sup>5</sup> and explored further in a collection of essays by Blu Putnam and Sykes Wilford (1986).<sup>6</sup> This line of research, known as the monetary approach to the balance of payments, began in the 1960s when exchange rates were fixed to the US dollar, and the dollar to gold. The emphasis was on understanding why the central banks of some countries were losing their foreign reserves while others were gaining foreign reserves. Once FX rates were delinked from the US dollar and began to float independently in the early 1970s, there was intense interest in exchange rate movements. The Chicago Mercantile Exchange launched its currency futures products in the early 1970s, the first successful financial futures product. The monetary approach research shifted gears with the markets to focus on exchange rate determination.</p> <p>The main theoretical concepts were that reserve flows under fixed exchange rates and exchange rate movements in a floating regime were balancing the relative attractions of different countries in terms of their economic growth prospects (i.e., faster growing countries can attract capital) and monetary policy (i.e., restrictive monetary policy with higher interest rates can attract capital). What was controversial back in the 1970s and 1980s was the role of the trade balance. The monetary approach argued that capital flows overwhelmed trade flows, and one had to focus, as David Hume did, on the relative attractiveness of the different economies taken as whole. Later research noted that when a country&rsquo;s dependence on exports in its economy was relatively high, then trade flows increased in importance in exchange rate determination through their heightened relationship to economic growth (i.e., more exports led to faster growth and currency appreciation, everything else being equal).</p> <p>The empirical evidence supporting the monetary approach seemed to work well in the 1970s and early 1980s when the money supply was easier to define and measure. The statistical relationship with the money supply broke down later in the 1980s and 1990s, as interest was paid on checking accounts, as money moved freely between investment, savings, and checking accounts, as credit cards gained market share over cash, etc. All of these developments in the structure of how payments were made eliminated the relationship between money supply and inflation, economic growth, and exchange rates. The empirical research then shifted to assessing the relative accommodation or restrictiveness of monetary policy using the shape of the yield curve. [See Erik Norland&rsquo;s December 2019 research on &ldquo;Which Yield Curve Foretells Growth Best?<sup>7</sup> <a href="https://www.cmegroup.com/education/featured-reports/which-yield-curve-foretells-growth-the-best.html">here</a>] When short-term interest rates were below long-term yields - a positively sloped yield curve - then monetary policy was deemed accommodative. When short-term interest rates were equal to or above long-term yields, a ...</p><p><a href=https://www.benzinga.com/general/education/20/05/16128324/negative-rates-four-real-world-experiences alt=Negative Rates: Four Real World Experiences>Full story available on Benzinga.com</a></p> CME Group Interest Rates negative interest rates Education Eurozone Futures Forex Economics Federal Reserve Markets General Education Eurozone Futures Forex Economics Federal Reserve Markets General Benzinga Thu, 28 May 2020 14:26:24 +0000 CME Group 16128324 at https://www.benzinga.com Why ESG Is Outperforming The S&P 500 https://www.benzinga.com/general/education/20/05/16126758/why-esg-is-outperforming-the-s-p-500 <p><img alt="" class="attachment-full size-full wp-post-image" src="https://openmarkets.cmegroup.com/wp-content/uploads/ESG2_1600x900.jpg" style="display:none" /><img alt="" class="attachment-full size-full wp-post-image" src="https://openmarkets.cmegroup.com/wp-content/uploads/ESG2_1600x900.jpg" style="display:none; height:900px; width:1600px" />Over the past year, the S&amp;P 500 ESG Index exhibited returns nearly 3% above the benchmark S&amp;P 500. This is impressive given the objective of the ESG Index is not to outperform the benchmark. Instead, it can offer a sustainable alternative to the broad-based S&amp;P 500, with similar risk and return, while at the same time achieving a boost in S&amp;P Dow Jones Indexes ESG Score performance.</p> <p><img alt="" class="alignnone size-large wp-image-16238" src="https://openmarkets.cmegroup.com/wp-content/uploads/ESG_1YR_performance_1200x800-640x427.jpg" /><br /> Source: SPDJI</p> <p>The Coronavirus pandemic is <a href="https://www.ft.com/content/19047cda-0648-48a9-a512-87653149026c">strengthening the hand of ESG investors</a>. Sustainability-themed funds saw&nbsp;<a href="https://www.morningstar.com/articles/977328/despite-the-downturn-us-sustainable-funds-notch-a-record-quarter-for-flows">record Q1 inflows</a>&nbsp;in the United States, while the rest of the market saw record outflows. Globally, investments in ETFs tracking ESG indices more than doubled, going from $22.1 billion in 2018 to&nbsp;<a href="https://www.indexologyblog.com/2020/03/24/through-the-turbulence-a-new-breed-of-esg-indices-delivers/">$56.8 billion by the end of 2019</a>, according to S&amp;P Dow Jones estimates.&nbsp; The pandemic has only reinforced fund managers&#39; belief in ESG, with investors focusing on environmental, social and governance themes.</p> <h3><strong>Rebalancing Act</strong></h3> <p>The S&amp;P 500 ESG Index is designed to be a broad-based benchmark. The screening criteria states that companies are excluded if they have <a href="https://us.spindices.com/indices/equity/sp-500-esg-index-usd">a low ESG score</a> relative to industry peers, are involved in controversial weapons or tobacco, are not closely adhering to the UN Global Compact, or are involved in severe controversies.</p> <p>Growing regulatory importance makes those firms who are included in the ESG Index perhaps more relevant now than ever before. The need to integrate investors&#39; values in ESG is now <a href="https://openmarkets.cmegroup.com/16212/as-esg-investment-grows-an-asset-manager-looks-to-futures">also a key consideration for money managers</a>.</p> <h3><strong>ESG Driving Performance</strong></h3> <p>An ESG lens teases out all sorts of risks that are not necessarily apparent in conventional financial analysis. This screening may be the reason that the S&amp;P ESG 500 index has outperformed its parent index in the recent sell-off.</p> <p>Many observers believe that strong ESG performance indicates better management, and that screening for companies with high ESG scores is simply a way to find good executive teams, which translates into stronger long-term returns. The idea being that management teams that do a good job of minimizing their environmental footprint; promote good employee relations, contingency plan, enforce employee sick ...</p><p><a href=https://www.benzinga.com/general/education/20/05/16126758/why-esg-is-outperforming-the-s-p-500 alt=Why ESG Is Outperforming The S&amp;P 500>Full story available on Benzinga.com</a></p> ESG investing Education Futures Markets General Education Futures Markets General Benzinga Thu, 28 May 2020 13:08:14 +0000 CME Group 16126758 at https://www.benzinga.com A Peek Into The Markets: US Stock Futures Mixed Ahead Of Earnings, Jobless Claims Data https://www.benzinga.com/news/earnings/20/05/16125190/a-peek-into-the-markets-us-stock-futures-mixed-ahead-of-earnings-jobless-claims-data <p><strong>Pre-open movers</strong></p> <p>U.S. stock futures traded mixed in early pre-market trade, following a strong rise in the previous session. Investors are awaiting earnings results <strong>Dollar General Inc. </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dg#NYSE">DG</a>), <strong>Dollar Tree Inc. </strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dltr#NASDAQ">DLTR</a>), <strong>Abercrombie &amp; Fitch Inc. </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/anf#NYSE">ANF</a>), <strong>Dell Technologies Inc. </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dell#NYSE">DELL</a>) and <strong>Costco Wholesale Corporation</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cost#NASDAQ">COST</a>). Data on durable goods orders for April, Gross Domestic Product for the first quarter and initial jobless claims for the latest week will be released at 8:30 a.m. ET. The pending home sales index for April is scheduled for release at 10:00 a.m. ET, while the Kansas City Fed manufacturing index for May will be released at 11:00 a.m. ET. Federal Reserve Bank of New York President John Williams is set to speak at 11:00 a.m. ET.</p> <p>The U.S. has ...</p><p><a href=https://www.benzinga.com/news/earnings/20/05/16125190/a-peek-into-the-markets-us-stock-futures-mixed-ahead-of-earnings-jobless-claims-data alt=A Peek Into The Markets: US Stock Futures Mixed Ahead Of Earnings, Jobless Claims Data>Full story available on Benzinga.com</a></p> A Peek Into The Markets ANF COST DELL DG DIS DLTR Earnings HPQ News NTAP TECD TGI Eurozone Futures Global Pre-Market Outlook Markets COST US22160K1051 DELL US24702R1014 DLTR US2567461080 NTAP US64110D1046 TECD US8782371061 ANF US0028962076 DIS US2546871060 HPQ US4282361033 TGI US8968181011 DG US2566771059 News Earnings Eurozone Futures Global Pre-Market Outlook Markets Benzinga Thu, 28 May 2020 10:20:56 +0000 Lisa Levin 16125190 at https://www.benzinga.com A Closer Look At Equity Index Futures https://www.benzinga.com/trading-ideas/long-ideas/20/05/16118259/a-closer-look-at-equity-index-futures <p><iframe frameborder="0" src="//players.brightcove.net/49919183001/46f29b5c-718a-4f1f-aabc-37aadea1426c_default/index.html?videoId=6155369228001"></iframe></p> <p><img alt="" class="attachment-full size-full wp-post-image" src="https://openmarkets.cmegroup.com/wp-content/uploads/OMWThunbnail.jpg" style="display:none; height:1080px; width:1920px" />Closely watched equity indexes like the Dow Jones, Nasdaq and S&amp;P 500 have received <a href="https://openmarkets.cmegroup.com/16201/why-small-caps-lag-in-this-economic-downturn">plenty of attention in 2020</a>. It&#39;s an appropriate time, then, to review why and how these indexes are traded on futures markets.</p> <p>When traders and investors use equity index futures and futures options it gives them the tools needed to create positions and investments which, at one time, were only institutional in nature.</p> <p>With products that replicate different parts of the equity market, small caps, mid-caps, or large caps, many sophisticated individual investors can find exposure or risk management for most portfolios.</p> <h3>Arbitrage</h3> <p>Traditionally, the largest institutions use index futures and options for a variety of strategies. Among the more popular trading strategies are index arbitrage, which trades ...</p><p><a href=https://www.benzinga.com/trading-ideas/long-ideas/20/05/16118259/a-closer-look-at-equity-index-futures alt=A Closer Look At Equity Index Futures>Full story available on Benzinga.com</a></p> equity indexes Long Ideas S&P 500 Broad U.S. Equity ETFs Education Futures Technicals Options Markets Trading Ideas ETFs General Long Ideas Broad U.S. Equity ETFs Education Futures Technicals Options Markets Trading Ideas ETFs General Benzinga Wed, 27 May 2020 16:15:57 +0000 CME Group 16118259 at https://www.benzinga.com CME Group Launches Options On Micro E-mini Futures Products https://www.benzinga.com/fintech/20/05/16117231/cme-group-launches-options-on-micro-e-mini-futures-products <p><strong>CME Group Inc</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cme#NASDAQ">CME</a>), the largest financial derivatives exchange, formally announced the launch of options on its Micro E-mini S&amp;P 500 and Micro E-mini Nasdaq 100 futures products.</p> <p>&quot;Today, our E-mini S&amp;P 500 and E-mini Nasdaq-100 futures and options are among the most actively traded equity index ...</p><p><a href=https://www.benzinga.com/fintech/20/05/16117231/cme-group-launches-options-on-micro-e-mini-futures-products alt=CME Group Launches Options On Micro E-mini Futures Products>Full story available on Benzinga.com</a></p> CME CME Group Fintech Micro E-mini Futures Micro Futures Tim McCourt Futures Options Markets CME US12572Q1058 Fintech Futures Options Markets Benzinga Wed, 27 May 2020 14:44:08 +0000 Renato Capelj 16117231 at https://www.benzinga.com A Peek Into The Markets: US Stock Futures Surge Ahead Of HP Earnings, Beige Book Report https://www.benzinga.com/news/earnings/20/05/16113663/a-peek-into-the-markets-us-stock-futures-surge-ahead-of-hp-earnings-beige-book-report <p><strong>Pre-open movers</strong></p> <p>U.S. stock futures traded higher in early pre-market trade, following a strong rise in the previous session. Investors are awaiting earnings results from <strong>Ralph Lauren Corp</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rl#NYSE">RL</a>), <strong>HP Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hpq#NYSE">HPQ</a>) and <strong>NetApp Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ntap#NASDAQ">NTAP</a>). The Richmond Fed&#39;s manufacturing index for May is scheduled for release at 10:00 a.m. ET, while the State Street Investor Confidence Index for May will be released at 10:00 a.m. ET. Federal Reserve Bank of St. Louis President James Bullard is set to speak at 12:30 p.m. ET, while the Federal Open Market Committee will release its latest Beige Book report at 2:00 p.m. ET.</p> <p>The U.S. has the highest number of COVID-19 cases and deaths in ...</p><p><a href=https://www.benzinga.com/news/earnings/20/05/16113663/a-peek-into-the-markets-us-stock-futures-surge-ahead-of-hp-earnings-beige-book-report alt=A Peek Into The Markets: US Stock Futures Surge Ahead Of HP Earnings, Beige Book Report>Full story available on Benzinga.com</a></p> A Peek Into The Markets AMZN DPZ Earnings HEI HPQ News NTAP PSO RL WMT Eurozone Futures Global Pre-Market Outlook Markets AMZN US0231351067 NTAP US64110D1046 DPZ US25754A2015 HEI US4228061093 HPQ US4282361033 PSO US7050151056 RL US7512121010 WMT US9311421039 News Earnings Eurozone Futures Global Pre-Market Outlook Markets Benzinga Wed, 27 May 2020 10:01:09 +0000 Lisa Levin 16113663 at https://www.benzinga.com