Oil futures prolonged their slide today, as a higher-than-predicted uptick in domestic crude inventories -- now at their highest level since 1990 -- and the political drama in Greece weighed on the commodity. Crude for June delivery was down $1.17, or 1.2%, to close at $92.81 a barrel -- its lowest settlement since Nov 2.
Gold futures reached their lowest close since July today, as the dollar continued its recent strength on anxieties that Greece could end its tenure as a euro-zone member. June-dated gold buckled $20.50, or 1.3%, to settle at $1,536.60 an ounce.
Levels to Watch in Trading:
For today's notable annual highs and lows, click here.
At the end of every market day, the staff at Schaeffer's Investment Research reviews the trading day in detail, covering major events and key market developments. Don't miss this critical, timely and insightful report. If you enjoyed today's edition of Market Recap, sign up here for free daily delivery straight to your inbox.
Editor's Note: A prior version of this article's title noted an incorrect intraday point swing in the Dow. This has been corrected, and we apologize for any confusion this may have caused.
Why OIH Is Finding Key Support at $52
Featured Partners: AOL DailyFinance
© 2014 Schaeffer's Investment Research, Inc. 5151 Pfeiffer Road, Suite 250, Cincinnati, Ohio 45242
Phone: (800) 448-2080 FAX: (513) 589-3810 Int'l Callers: (513) 589-3800 Email: email@example.com
All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited.
Market Data provided by QuoteMedia.com | Data delayed 15-20 minutes unless otherwise indicated.