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US stock futures gained on Thursday, as investors continued to celebrate a dovish shift by the Federal Reserve that helped propel the Dow to a new all-time closing high.
CUSA (abbreviated "C-USA" before 2023) was founded in 1995 by the merger of the Metro Conference and Great Midwest Conference, two Division I conferences that did not sponsor football. However, the merger did not include either Great Midwest member Dayton or Metro members VCU and Virginia Tech . [ 22 ]
S&P Futures trade with a multiplier, sized to correspond to $250 per point per contract. If the S&P Futures are trading at 2,000, a single futures contract would have a market value of $500,000. For every 1 point the S&P 500 Index fluctuates, the S&P Futures contract will increase or decrease $250.
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The result is that a trader who believed the market would rally could simply acquire Dow Futures and make a huge amount of profit as a result of the leverage factor; if the market were to rise to 14,000, for instance, from the current 10,000, each Dow Futures contract would gain $20,000 in value (4,000 point rise x 5 leverage factor = $20,000).
Yahoo Finance is a media property that is part of the Yahoo network. It provides financial news, data and commentary including stock quotes , press releases , financial reports , and original content.
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