Three Markets With Strength
The low volume continued in today’s markets. The
June S&P 500 futures
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and looked as if they would close positive, but profit-taking and the talk of
troubles in India, Pakistan and the Middle East changed the dynamics of the
market, sending it negative to 1067, down 1.50.
The June Nasdaq 100 futures
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lost 22 to end at 1209. The lack of support from the PHLX Semiconductor Index
has hurt the NDM2 in recent weeks.
August gold futures
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off today’s session in strong territory and ended up rallying to a new
31-month high. But then profit-takers stepped in and a June dollar
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$327.50 an ounce. July silver
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5.70 cents, or 1.14%, and July copper
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pound, up 1.19.
Strong U.S. export sales helped push July soybean futures
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to new two-month highs to 5.08 3/4, up 7.50 cents, or 1.50%. More rainfall in the
forecast for prime growing regions also contributed to the big move. July
wheat
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Russia and Canada. Wheat rose 5.75 cents, or 2.08%, to $2.82 1/4 a bushel. July
corn
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After dropping on supply-and-demand news
yesterday, crude oil recouped some of its losses today. July crude oil
[CLN2|CLN2] gained .68 or 2.76% to $25.35 a barrel. July heating oil
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natural gas
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