Ultimate Guide to Yahoo Finance Futures for Savvy Investors
Yahoo Finance Futures are financial contracts that allow traders to speculate on the future price of a specific asset, such as a stock, index, or commodity. These contracts are traded on exchanges and are standardized in terms of their contract size, delivery date, and underlying asset.
Futures contracts are important because they allow investors to hedge against risks and speculate on price movements. For example, a farmer might use a futures contract to lock in a price for their crops at a future date, protecting themselves from the risk of a decline in prices. Similarly, a trader might use a futures contract to bet on the future price of a stock, hoping to profit from a rise in the stock’s price.