11:13 a.m. Today11:13 a.m. July 5, 2016
- By Myra P. Saefong
Oil futures end at 1-week low as Brexit, output worries weigh Natural-gas sinks over 7% after last week’s rallyCrude-oil prices drop, with both Brent and WTI prices settling at a roughly one-week low, pressured by a slowdown in U.S. production declines, as Brexit continues to fuel worries about energy demand.
10:53 a.m. Today10:53 a.m. July 5, 2016
- By Myra P. Saefong
Silver, gold rally to highest level since 2014 Kitco’s Hug says silver move looks overdone for nowSilver and gold both climb to their highest levels since 2014 as lingering post-Brexit economic uncertainty underpins the relative safety of haven investments, including silver and gold.
10:45 a.m. Today10:45 a.m. July 5, 2016
- By Myra P. Saefong
Oil futures end at lowest level in a weekOil futures as worries about a potential slowdown in energy demand linked to the U.K.'s move to exit the European Union and hints of a potential rise in U.S. production pulled prices to their lowest level in about a week. August WTI crude fell $2.39, or 4.9%, to settle at $46.60 a barrel on the New York Mercantile Exchange. That was the lowest settlement since June 27.
Aug. WTI oil drops $2.39, or 4.9%, to settle at $46.60/bbl
10:39 a.m. Today10:39 a.m. July 5, 2016
WTI oil settles at lowest level on Nymex since June 27
10:39 a.m. Today10:39 a.m. July 5, 2016
10:02 a.m. Today10:02 a.m. July 5, 2016
- By Myra P. Saefong
Silver and gold both mark highest levels since 2014 Silver and gold futures as a sharp decline in global stock markets drew investors to the safe-haven appeal of the precious metals. Sept. silver rose 31.9 cents, or 1.6%, to settle at $19.907 an ounce. That was the highest settlement for a most-active contract since August 2014, according to FactSet. Gold for August delivery rose $19.70, or 1.5%, to end at $1,358.70 an ounce, with futures prices at their highest since March 2014.
Gold futures mark highest finish since March 2014
9:54 a.m. Today9:54 a.m. July 5, 2016
Aug. gold settles at $1,358.70/oz, up $19.70, or 1.5%
9:54 a.m. Today9:54 a.m. July 5, 2016
Silver futures settle at highest level since Aug. 2014
9:51 a.m. Today9:51 a.m. July 5, 2016
Sept. silver up 31.9 cents, or 1.6%, to settle at $19.907/oz
9:51 a.m. Today9:51 a.m. July 5, 2016
11:33 a.m. July 3, 2016
- By Philip van Doorn
Weekly roundup: Brexit backtrack, lending to friends and living to 100 MarketWatch articles to read this weekendMarketWatch articles to read this weekend
S&P 500 gains 0.2% to 2,102.8 at close, marking weekly climb of 3.2%
12:02 p.m. July 1, 2016
Dow industrials up 0.1% to 17,947.3 at close, gains 3.1% on week
12:02 p.m. July 1, 2016
Nasdaq Composite climbs 0.4% to 4,862.6 at close for weekly rise of 3.3%
12:02 p.m. July 1, 2016
11:35 a.m. July 1, 2016
- By Myra P. Saefong
Natural gas ends at 13-month high as oil gains 3% on week Oil-rig count up but crude futures mark 1st weekly gain in 3Natural-gas futures notch their highest settlement since May 2015 as traders bet that warmer weather will help ease a glut of supplies in the U.S. Oil futures, meanwhile, finish higher even as a weekly climb in the U.S. oil-rig count signals higher production.
11:09 a.m. July 1, 2016
- By Myra P. Saefong
Natural-gas futures rally to highest level in over year; oil up 2.8% on week Natural-gas futures saw their highest settlement since May 2015 , buoyed by expectations that warmer weather will help ease U.S. supplies. Oil futures, meanwhile, saw their first weekly gain in three as demand concerns eased. August natural gas rose 6.3 cents, or 2.2%, to settle at $2.987 per million British thermal units--the highest since May 2015. Prices were up about 12.2% for the week. August crude added 66 cents, 1.4%, to settle at $48.99 a barrel, up 2.8% for the week.
10:49 a.m. July 1, 2016
- By Myra P. Saefong
Silver scores biggest weekly jump in almost 3 years Gold rallies as post-Brexit jitters lift precious metalsSilver futures logged their largest weekly climb since 2013 Friday, hitting a nearly 22-month high as the U.S. dollar softened and investors continued to search for safety.
August natural gas up 6.3 cents, or 2.2%, to end at $2.987/mln Btus
10:46 a.m. July 1, 2016
Natural-gas futures log highest settlement since May 2015
10:46 a.m. July 1, 2016
August WTI oil settles at $48.99/bbl on Nymex, up 66 cents, or 1.4%
10:41 a.m. July 1, 2016
WTI oil futures gain 2.8% for the week
10:41 a.m. July 1, 2016
10:18 a.m. July 1, 2016
- By Myra P. Saefong
Gold up a fifth-straight week; silver scores 10% weekly gainGold futures to tally a fifth weekly gain in a row, buoyed by a weaker U.S. dollar and strong demand for assets considered less risky in the wake of the U.K.'s vote last month to leave the European Union. Silver futures also rallied to see their largest weekly gain in almost 3 years. Gold for August delivery rose $18.40, or 1.4%, to settle at $1,339 an ounce. Futures prices were up 1.3% for the week and marked their highest settlement since July 10, 2014, according to FactSet data. September silver rose 96.5 cents, or 5.2%, to settle at $19.588 an ounce. It was up 10.1% for the week.
Gold futures up 1.3% on week, score fifth-straight weekly gain
10:01 a.m. July 1, 2016
August gold up $18.40, or 1.4%, to settle at $1,339/oz
10:01 a.m. July 1, 2016
9:14 a.m. July 1, 2016
- By Myra P. Saefong
Baker Hughes reports fourth-weekly climb in 5 weeks for U.S. oil-rig countOil futures moved narrowly lower after Baker Hughes drilling for crude rose 11 to 341 as of Friday. The count fell last week, but rose in each of the three weeks before that. The total U.S. rig count climbed by 10 to 431. August crude was at $48.31 a barrel on the New York Mercantile Exchange, down 2 cents from Thursday's settlement. It was at $48.41 before the data.
Baker Hughes: U.S. total weekly active drilling-rig count up 10 at 431
9:05 a.m. July 1, 2016
Baker Hughes: U.S. weekly active oil-rig count up 11 to 341
9:05 a.m. July 1, 2016
August WTI oil at $48.31/bbl. down from $48.41 before rig data
9:05 a.m. July 1, 2016
2:02 a.m. July 1, 2016
- By Myra P. Saefong
Commodities are crushing it in 2016: Here’s why Commodities aiming to end 5-year streak of annual declinesSugar, lean hogs, crude oil are big gainers, putting commodities on track to end a five-year slide. Here’s what traders expect to happen in the second half of 2016
1:57 a.m. July 1, 2016
- By Myra P. Saefong
Here’s why gasoline prices are actually falling ahead of Independence Day GasBuddy predicts retail gas-price average of $2.27 on July 4Gasoline prices are falling—not climbing—ahead of the Independence Day holiday.
11:28 a.m. June 30, 2016
- By Myra P. Saefong
Oil futures notch best quarterly gain in 7 years WTI crude falls for the session, still up about 30% year to dateOil futures end lower a day after posting their biggest single-session gain since April, but prices still log their strongest quarterly gain since mid-2009.
11:09 a.m. June 30, 2016
- By Myra P. Saefong
Gold scores second straight quarterly gain; up nearly 25% year to date Silver splits with gold, ends at highest since mid-September 2014Gold futures finish lower for the session as so-called riskier assets lure investors away from the metal, but gold still scores a second-straight quarterly gain, up nearly 25% year to date.
10:45 a.m. June 30, 2016
- By Myra P. Saefong
Oil futures fall for the day, but gain over 30% year to dateOil futures after a two-session rally, but prices posted gains for the quarter and year to date as recent global output disruptions and strong U.S. demand for gasoline helped to cut down the glut of crude supplies. August WTI crude fell $1.55, or 3.1%, for the session to settle at $48.33 a barrel on the New York Mercantile Exchange. It gained about 26.1% for the second quarter, and trades roughly 30.5% higher year to date, according to data from FactSet.
WTI oil gains 26.1% in second quarter, up 30.5% year to date
10:37 a.m. June 30, 2016
August WTI oil settles at $48.33/bbl on Nymex, down $1.55, or 3.1%
10:37 a.m. June 30, 2016
10:02 a.m. June 30, 2016
- By Myra P. Saefong
Gold down for the session, but up nearly 25% year to dateGold futures , but still gained nearly 25% year to date, as investors continue to navigate financial volatility sparked by the U.K.'s decision to leave the European Union. Gold for August delivery fell $6.30, or 0.5%, for the session to settle at $1,320.60 an ounce, pulling back after finishing at a nearly two-year high a day earlier. Futures prices were up about 6.9% for the second quarter, and have climbed roughly 24.6% year to date, according to FactSet data.
Gold futures have climbed nearly 25% year to date
9:52 a.m. June 30, 2016
August gold down $6.30, or 0.5%, on day to settle at $1,320.60/oz
9:52 a.m. June 30, 2016
8:59 a.m. June 30, 2016
- By Myra P. Saefong
Corn futures fall, soybeans climb after USDA dataCorn futures fell toward their lowest settlement since early May, while soybean futures climbed toward a two-week high following Thursday's release of the U.S. Department of Agriculture's and . U.S. corn stocks totaled 4.72 billion bushels on June 1, up 6% from the same time a year ago, the grain stocks report said. Soybean stocks totaled 870 million bushels, up 39% from a year ago. Meanwhile, the U.S. planted an estimated 94.1 million acres of corn this year, up 7% from last year, and 83.7 million acres of soybeans were planted, up 1% from last year, according to the acreage data. Market consensus estimates called for 92.8 million acres of corn and 83.9 million for soybeans, according to Cowen and Company. December corn traded at $3.72 a bushel, up 3%, and November soybeans traded at $11.48 a bushel, up 3.2%.
Corn futures fall as USDA reports rise in U.S. grain stocks, planted acreage
8:32 a.m. June 30, 2016