Futures and Commodities Update June 4

From the trading floor of the CME Group, Alan Knuckman reviews market action and what the futures and commodity markets signal for Wednesday, June 4. Markets bounced around a bit on Tuesday, still very range bound, but came all the way back from the lows. Futures point to a lower open across on the S&P and Dow, while the NASDAQ points to a slightly higher open. So relatively quiet across the board following a string of new highs. Dollar index is lower and the euro is higher. The bond market was a big mover, trading the September series, as yields moved higher. Crude is relatively flat as is gold.