Why The Futures Finished Mixed
With a few exceptions, the
markets continue their follow through
from the past four days, as energy and treasuries finished lower, while the US
dollar finished higher.
Equities
Equities finished mixed today, as the Nasdaq
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Dow and S&P futures, on the other hand, accumulated further gains on the day.
The latter contract
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contract
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Fixed Income
Investors continue to square up their Treasury
position as the fixed income instruments all finished lower on the day. The 10
year contract
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0-070 to close at 112-13
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Metals
Precious metals were all lower on the day, as
gold and silver finished lower. Gold was down 1.50, to finish at 336.2
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PowerRating). And, silver
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industrial metals continue to benefit from increasing optimism about an increase
in economic activity resulting from a short war. Aluminum was up .0040, closing
at .6625, and Copper was up 1.30 to finish at 77.75
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Energy
Again, energy was lower across the board. Crude
oil fell by 1.79% to close at 29.880
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1.12% to close at 5.278
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Currencies
The the US dollar index
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posted its fourth straight day of gains finishing up .71 to close at 102.11.
Again, the greenback posted its biggest gains against the European
currencies and the yen.