Morning Market Stir: First Look Into the Commodities Market

From the floor of the CME Group in Chicago, Alan Knuckman brings you the news in the commodity space, the real underlying driver of global markets.
Author:
Publish date:

From the floor of the CME Group in Chicago, Alan Knuckman brings you the news in the commodity space, the real underlying driver of global markets. New all-time highs in the SPX were made Tuesday. Knuckman reviews that and all the other major indices. The US dollar moved a bit lower, while the euro ticked to the upside. Bonds continue to move higher along with the equity market. The big loser of the day was gold, down $26 as a result of profit taking. S&P Futures are higher by 4 points. The US dollar, bonds and crude also point to a higher open, while gold looks sideways. Remember: It all comes back to commodities.