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Stocks Supported by Strength in Chipmakers

6 days 18 hours ago
The S&P 500 Index ($SPX ) (SPY ) is up +0.53% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.95%. December E-mini S&P futures (ESZ26 ) are up +0.52%, and December E-mini Nasdaq futures...

Stocks Supported by Strength in Chipmakers

6 days 18 hours ago
The S&P 500 Index ($SPX ) (SPY ) is up +0.53% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.95%. December E-mini S&P futures (ESZ26 ) are up +0.52%, and December E-mini Nasdaq futures...

Cocoa Prices Fall on Signs of Abundant Supplies

6 days 18 hours ago
December ICE NY cocoa (CCZ26 ) is down -33 (-0.61%) today, and ICE London cocoa #7 (CAZ26 ) is down -30 (-0.72%). Cocoa prices extended their 2-week slide today and fell to 5-week lows as rising ICE cocoa inventories weigh on prices. ICE cocoa inventories have steadily increased since the...

Stronger Indian Sugar Output Hammers Prices

6 days 18 hours ago
March NY world sugar #11 (SBH27 ) is down -0.67 (-3.52%) today, and December London ICE white sugar #5 (SWZ26 ) is down -8.90 (-1.75%). Sugar prices are slumping today, with NY sugar falling to a 5-week low and London sugar sliding to a 3-month low. Strong Indian sugar production...

Wheat Falling Back on Tuesday Morning

6 days 18 hours ago
Wheat is facing weakness in early Tuesday trade. The wheat complex was higher across most contracts on Monday. Chicago SRW contracts were 1 ¼ to 3 cents higher at the close. Open interest suggested a rotation of ownership, up 572 contracts. KC HRW futures saw fractional to 1 ¾ cent...

Soybeans Starting with Weakness on Tuesday

6 days 18 hours ago
Soybeans are trading 3 to 4 cents lower early on Tuesday. Futures were under pressure for much of Monday, with contracts down 6 ¾ to 17 ½ cents at the close. New selling interest was noted, with open interest down 9,487 contracts. The cmdtyView national average Cash Bean price was...

Corn Falling to Kick Off Tuesday

6 days 18 hours ago
Corn prices are down 3 to 4 cents to start the Tuesday session. Futures firmed into the Monday close, as contracts were up ½ to 2 cents across the board. Open interest was down 4,756 contracts on Monday, mainly in the front three contracts. The CmdtyView national average Cash Corn...

Dollar Supported by Strength in US Economic News

6 days 18 hours ago
The dollar index (DXY00 ) is up by +0.19% today. The dollar found support today on better-than-expected US economic news, including Sep JOLTS job openings and Sep factory orders. Also, the Chinese yuan fell to a 1.5-week low against the dollar today after the PBOC raised the foreign reserve requirement...

Corn Closes Higher on Monday

6 days 18 hours ago
Corn futures firmed into the close, as contracts were up ½ to 2 cents across the board. The CmdtyView national average Cash Corn price was down 2 3/4 cents at $4.11 1/2. USDA reported a private export sale of 1.73 MMT of corn to Mexico, with 1.135 MMT for the...