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Nat-Gas Prices Consolidate Above Monday’s 2-Month Low

Nat-gas prices settled slightly higher on Tuesday as they consolidated above Monday’s 2-month low. The outlook for cooler US temperatures is weighing on prices, as the cooler weather could reduce nat-gas demand from ele…

Markets

Wheat Extend Strength to Tuesday

The wheat complex posted gains across the three exchanges at the Tuesday close. Chicago SRW contracts were up 4 1/4 to 9 3/4 cents on the day. KC HRW futures were 7 1/2 to 11 3/4 cents higher at the close. MPLS spring w…

Markets

Soybeans Slip Lower on Tuesday

Soybeans closed Tuesday with contracts 1 to 4 cents lower, as July expired with a 5 ¼ cent gains at $12.07 ¼. The cmdtyView national average Cash Bean price was down 3 3/4 cents $11.46. Soymeal futures saw late strength…

Markets

Corn Facing Midday Losses, Still Off Early Lows

Corn futures are trading with contracts down 2 to 2 ½ cents so far at midday. July futures expire today. The CmdtyView national average Cash Corn price is 2 cents lower at $4.08.

Markets

Stocks Settle Higher on Tame Inflation News

The S&P 500 Index ($SPX) (SPY) on Tuesday closed up +0.38%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.02%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.10%. September E-mini S&P futures (ESU26) …

Markets

BND Is About to Erase the 2022 Bond Crash. TLT Isn’t Close.

The largest bond ETF in the world is closing in on a milestone that looked out of reach three years ago. The Vanguard Total Bond Market ETF (BND) now sits roughly 2.4% below its total-return peak, the high it set in Aug…

Markets

Cotton Slips Lower into Tuesday Close

Cotton futures ended Tuesday on a weaker noted despite a midday bounce, with contracts down 23 to 74 points on the session. Crude oil was up $1.69 on the day with the US dollar index was up $0.325.

Markets

Stocks Rally on Fed-Friendly CPI Report

The S&P 500 Index ($SPX) (SPY) today is up +0.30%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.60%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.97%. September E-mini S&P futures (ESU26) are up +0.28%, an…

Markets

Nat-Gas Prices Consolidate Above Monday’s 2-Month Low

Nat-gas prices settled slightly higher on Tuesday as they consolidated above Monday’s 2-month low. The outlook for cooler US temperatures is weighing on prices, as the cooler weather could reduce nat-gas demand from ele…

Markets

MPLX LP (MPLX) Stock Dips While Market Gains: Key Facts

MPLX LP (MPLX) closed the most recent trading day at $56.51, moving -1.22% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 0.38%. At the same time, the Dow added 0.02%,…

Markets

SRVR Crowded With Sellers

In the case of Pacer Data & Infrastructure Real Estate, the RSI reading has hit 29.6 — by comparison, the RSI reading for the S&P 500 is currently 54.3. A bullish investor could look at SRVR's 29.6 reading as a sign tha…

Markets

Dollar Falls and Gold Rallies as US CPI Trails Estimates

The dollar index (DXY00) is down by -0.55% today. The dollar is retreating today after US June consumer prices rose less than expected, a dovish factor for Fed policy. Also, the benign CPI report has reduced the chances…

Markets

Corn Facing Midday Losses, Still Off Early Lows

Corn futures are trading with contracts down 2 to 2 ½ cents so far at midday. July futures expire today. The CmdtyView national average Cash Corn price is 2 cents lower at $4.08.