Morning Market Stir: Futures and Commodities Preview

From the floor of the CME group in Chicago Alan Knuckman discusses the market activity from the week and what it means for Friday, June 20. S&P hit new highs yesterday, despite low trading volume; NASDAQ posted new decade plus highs, closing a bit lower; Dow off of its records. Dollar index was down a bit; keeping an eye on the 80 pivot. Euro currency surged, trying to bottom from a technical standpoint. Bonds were off slightly. Crude added 45c, holding support of $105. Gold was the big winner, up $41. We start this Friday, June 20, significantly above close last friday. Today the index futures are up, yield on the 30-year treasury is at 3.47 and 10-year note at 2.62, bonds and gold are down, and crude is unchanged.¿