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Updates market data throughout.
The strengthening U.S. currency is depressing prices for commodities, in particular oil (which is priced in dollars) and gold.
Global stocks took a dive this morning, following declining oil prices. U.S. stocks are now joining the slump.
It's one of those catch 22 situations. Fear of the dollar, which is up 1.9% over the euro -- the most since April -- ignores the good news that is reflected in a stronger U.S. currency - namely that the U.S. currency derives its strength from the U.S. economy. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,414.14 | 1,114.05 | 2,237.66 | 36.82 |
Oil *
72.73
|
|
UP
85.25
|
UP
11.58
|
UP
25.97
|
UP
1.36
|
10 Yr
3.68%
SPDR Gold
106.95
|
|
+0.83%
|
+1.05%
|
+1.17%
|
+3.84%
|
Data delayed 20 minutes |
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