Jobless Claims, Earnings Keep the Downtrend Alive

Lackluster economic data sends stocks back into the red

by 4/18/2013 4:21:45 PM
Stocks quoted in this article:
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STOCKS – NOTABLE CALL ACTIVITY

STOCKS – NOTABLE PUT ACTIVITY

Commodities:

Oil bounced from a four-month low today, thanks to an ailing greenback. The May contract gained 1.2%, or $1.05, to close at $87.73 per barrel.

Gold edged higher today as well, with June-dated futures adding $9.80, or 0.7%, to settle at $1,392.50 per ounce. Disappointing domestic economic data -- coupled with investors looking for a bargain -- helped buoy the commodity. While entirely relative, this was the precious metal's highest close so far this week.

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