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macro

CME lean hog futures recover after four-session slide

CME lean hog futures bounced after four losing sessions as technical buying and short covering emerged, while weak pork prices and soft demand remained a drag.

CME lean hogs LHZ26Pork carcass cutout PRK-MAN-CARCSCME feeder cattleCME live cattle
macro

Hammack says Fed may cool demand without hurting jobs

Beth Hammack says the Fed should restrain demand and inflation without a major rise in unemployment, while keeping an open mind on an October hike.

Fed fundsUSDUS TreasuriesS&P 500
macro

UBS Maintains Buy Rating on Helmerich & Payne

UBS raised Helmerich & Payne’s price target to $50.00 from $49.00 while maintaining its Buy rating, Benzinga reported in its ratings feed.

Helmerich & PayneHP