Oil futures tripped to a new low settlement for 2012 today, as political tensions in Greece and anxieties about the prospects for global demand continued to pressure the commodity lower. As the dollar strengthened for yet another session, June-dated crude fell 80 cents, or 0.8%, to land at $93.98 a barrel.
Gold futures also tagged a fresh low for the year, as the ongoing Greek drama and a surging greenback pulled the dollar-denominated commodity to its third straight loss. Gold for June delivery inched lower by $3.90, or 0.3%, to close at $1,557.10 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.
The One Overseas Market That's Trending Higher in 2014
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: firstname.lastname@example.org
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.