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Dollar Strength Sparks Long Liquidation in Crude Oil Futures

Crude oil and gasoline prices gave up early gains on Thursday and settled lower, as a stronger dollar sparked profit-taking and long liquidation. Crude prices are supported by heightened US-Iran tensions, which have red…

A $3 Billion Reason to Buy Tower Semiconductor Stock Here

Tower Semiconductor (TSEM) is making one of the biggest investments in its history, and it could significantly strengthen the company's long-term growth outlook. The specialty chip foundry plans to invest $3 billion to …

Nat-Gas Prices Fall on a Larger-Than-Expected Inventory Build

Nat-gas prices fell to a 2-month low on Tuesday and settled sharply lower after weekly nat-gas inventories rose more than expected. The EIA reported that nat-gas inventories increased by +41 bcf in the week ended July 1…

Wheat Futures Hanging On to Most of Wednesday’s Rally

Wheat futures are fading at midday, down 4 to 5 cents but holding on to most of the Wednesday rally. The wheat complex was in rally mode on Wednesday, with potential restrictions on Russian exports out of the Black Sea.…

Wheat Rallies on Wednesday following Black Sea Escalation

The wheat complex was in rally mode leading to the grains higher on Wednesday, with export concerns out of the Black Sea. Chicago SRW contracts were mostly 26 to 32 1/2 cents in the green at the close. KC HRW futures we…

Daily Dividend Report: SON,KO,FUL,PPG,CNP,OKE

The Board of Directors of Coca-Cola announced the election of a new company officer and the approval of the company's regular quarterly dividend. The company declared a regular quarterly dividend of 53 cents per common …

Stocks Pressured by a Renewed Selloff in Chipmakers

The S&P 500 Index ($SPX) (SPY) today is down -0.46%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.04%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.28%. September E-mini S&P futures (ESU26) are down -0…

Dollar Boosted by Better-Than-Expected US Economic News

The dollar index (DXY00) is up by +0.18% today. The dollar is moving higher today as better-than-expected US economic reports signal economic strength. Weekly jobless claims unexpectedly fell to a 10-week low, Jun retai…

Corn Market Fading Wednesday Gains at Midday

Corn prices are down 5 to 8 cents at midday on Thursday amid a sharp slide in overall ag commodity prices and poor weekly export sales numbers. Futures had posted gains of 5 to 9 cents yesterday, getting spillover suppo…