Market news
24.05.2011, 14:38

Dow +16.43 at 12397.69, Nasdaq +2.00 at 2760.90, S&P +3.78 at 1321.15

Commodities are trading higher except for a select few including natural gas (-0.3%), lean hogs (-0.6%).
Crude oil has been in positive territory all session. The energy component hit session highs of $99.97/barrel minutes ago and is now up 1.9% at $99.51/barrel.
Natural gas has been the laggard in the energy markets after it sold-off when pit trading began. During its morning sell-off, it fell into negative territory, dropped ~2% and hit new session lows of $4.35/MMBtu. In current activity, it's down 0.3% at $4.38/MMBtu.
Both gold and silver has been trading in positive territory all session and are showing a similar chart to crude oil. Gold hit new session highs of $1527.90/oz. about five minutes ago and is now up 0.7% at $1526.50/oz. Silver just hit new session highs as well and is now trading just under that level at $36.23/oz. up 3.8%.
Grain markets just opened and popped higher. Corn futures are 2 cents higher at $7.56/bu, wheat is still down 3 cents at $8.00, even after popping higher at the open, and soybeans are up 10 cents at $13.84/bu.

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