Index Futures Rock
Marc Dupee will be out of the
office until October 9. In his absence this column is being written by
TradersWire’s Duke Heberlein.
Stock index futures staged a rally Thursday, largely in
part to a tech stock turnaround that lifted stock indexes upward. The beaten
down NASDAQ 100 futures
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losses, gaining 93 to close the session at 3490. The Dow futures
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posted an additional 78 points to their total, ending the regular trading at
10890, while the December S&P futures
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Energy futures were relaxed again today as presumed stock
inventory additions in crude oil and gasoline were confirmed, both exceeding
expectations by more than one million barrels. Crude oil
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per barrel to 31.43 on the news, with unleaded
gasoline
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to the downside at 5.290.
December dollar index futures
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high of 114.28 before pulling back to close down .14 to 113.88. The British pound
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an early rally, ending the session down .0045, and Swiss francs
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closed .0004 lower at .5796.
Meats were split in Thursday’s trading, with October lean
hogs
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doing the same in sympathy, up .275 at 63.550. Beef futures were unable to gain
in tandem with the pigs; October live cattle
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feeder cattle
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December cocoa
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posting its second straight day of big gains, up 21 at 828 per contract. Orange
juice
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Coffee
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Corn
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technical momentum and increased export expectations, ending up 3/4 at 204 1/4
after trading up as high as 206 1/4. December wheat
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strength earlier in the day, hitting an intraday high of 270 1/2 before sliding
late to end the day down 1 1/2 at 267 1/4. November soybeans
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their downtrend intact, losing 2 3/4 to 486 1/4 and is counterpart, soymeal
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