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Dollar Weakens on US-Iran Peace Hopes
The dollar index (DXY00 ) on Tuesday fell by -0.07%. The dollar moved lower on Tuesday amid signs that peace negotiations between the US and Iran are progressing, which curbed safe-haven demand for the dollar. Also, Tuesday's rally in the S&P 500 to a new record high has dampened liquidity...
Crude Oil Prices Decline as US-Iran Peace Plans Progress
July WTI crude oil (CLN26 ) on Tuesday closed down -2.71 (-2.81%), and July RBOB gasoline (RBN26 ) closed down -0.2046 (-6.10%). Crude oil and gasoline prices settled sharply lower on Tuesday, with crude falling to a 2.5-week low and gasoline dropping to a 5-week low. Crude prices are under...
Forecasts for Below-Normal US Temps Weigh on Nat-Gas Prices
June Nymex natural gas (NGM26 ) on Tuesday closed down -0.013 (-0.45%). Nat-gas prices on Tuesday fell to a 1-week low and settled lower amid forecasts of below-normal US weather, which will curb nat-gas demand from electricity providers to power air-conditioning. The Commodity Weather Group said Tuesday that forecasts shifted...
Fox Moves Up In Market Cap Rank, Passing FactSet Research Systems
In the latest look at the underlying components of the S&P 500 ordered by largest market capitalization, Fox Corp (Symbol: FOX) has taken over the #480 spot from FactSet Research Systems Inc. (Symbol: FDS), according to The Online Investor. Market capitalization is an im
Tootsie Roll Industries Enters Oversold Territory (TR)
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me