Morning Market Stir Futures and Commodities Pre-Market Analysis

From the CME Group Trading Floor, Risk Management Capital of the World, Alan Knuckman reviews the futures and commodity markets. Even though last week was a shortened holiday week, the market continued to make new highs and there was no shortage of buyers, with the E-Mini S&P 500 up over 2% for the month of May. The NASDAQ ended up making a full V-shape recovery from its April lows to lead the indices last week. Bonds moved lower as did crude, but gold was the real big loser, down $36 for the week. For Monday June 2, all indices and the US dollar point to a higher open, while bond yields remain at key levels.