Crude-oil futures ended their three-day slump today, but were unable climb back atop $100. The EU's newly imposed oil embargo on Iran was a major catalyst for the jump, although optimism surrounding a potential deal in financially strapped Greece strengthened did its part to add to black gold's gains. Against this backdrop, March-dated crude oil rose $1.25, or 1.3%, to close at $99.58 a barrel.
Gold futures extended last week's win with a six-week high settlement today. The malleable metal's climb solidified as the dollar fell against the euro. By the close, gold for February delivery tacked on $14.30, or 0.9%, to land at $1,678.30 an ounce -- the commodity's highest finish since Dec. 9.
Levels to Watch in Trading:
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.
Mid-Caps Nearing a Triple of March 2009 Lows
Featured Partners: AOL DailyFinance
© 2013 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.