Click Here to Subscribe Now! Try a 3-month trial for only $68

Daily Recap

Stocks were mostly lower worldwide, though mixed in the US, with little besides lower oil prices impacting markets. Crude oil not only failed to rally today after its recent tanking, it once again put the pedal to the metal, with the futures dropping another 2.2% to $42.56/bbl. on renewed concerns about both supply and demand. That dragged most other commodity prices lower as well, with the notable exceptions of gold and platinum. Gold gained $4 and platinum added $7, though silver fell by 2 cents.

 

In Asia, the Shanghai exchange was higher, but most other markets were lower, leading to a 1% decline in the Asia Dow. Most European markets were also lower, as the STOXX 600 fell 0.18%. All four of the major non-US American markets were lower as well. In the US, the NASDAQ continued its see-saw action, this time rallying while the rest fell; it rose 46 points while ... Log in or subscribe to continue reading.


Premium Content Notification

A subscription is necessary to access premium content.

Please use the button below to subscribe in order to access all premium articles