Futures Trading: Mixed Signals, Growing Participation

Todays NY Mercantile Exchange futures trading saw mixed but generally positive sentiment, with most contracts showing slight gains. The December twenty-five contract led the way, rising one point one zero to four thousand two hundred twelve point nine zero. The January twenty-six contract also increased, closing at four thousand two hundred twenty-seven point seven zero, an uptick of one point four zero. However, the March twenty-six and April twenty-six contracts saw modest increases of zero point four zero. Estimated sales surged to two hundred ninety-nine thousand nine hundred thirty-three contracts, a significant jump from Thursdays sales. The open interest also increased by two thousand six hundred seventy-three, totaling four hundred twenty-three thousand forty-six. In a separate set of contracts, the December twenty-five and January twenty-six contracts saw substantial gains, surging by one thousand five hundred seventy-five and one thousand five hundred fifty-one respectively. This dynamic trading day indicates growing participation and interest in these futures markets.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.