Stocks lower despite Greek elections

by Staff
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Current market data as of 8:30 a.m.

Monday, June 18, 2012

  • U.S. wheat, corn and soy complex futures were higher in electronic trading before the day session opened on Monday. 
  • U.S. stock index futures were lower before the market opened Monday despite a narrow victory by pro-bailout conservatives in Greece.
  • European stock indexes were mostly lower at midday Monday.
  • Asian stock indexes closed mostly higher on Monday.

Markets Review

Friday, June 15, 2012
 

  • Wheat and corn futures were lower on Friday with soy complex futures mixed. Wheat futures were lower on harvest pressure and intra-market spread trade. Corn futures were lower on reduced risk exposure and uncertainty about crop weather and the global economy. Soybeans were lower on broad-based selling. Chicago July wheat was down 14c, closing at $6.09½ a bu, Kansas City July was down 16c, closing at $6.30 a bu, and Minneapolis July was down 6¾c, closing at $7.87½ a bu. July corn futures were down 22c, closing at $5.79½ a bu. July soybeans were down 10c, closing at $13.76 a bu. July soybean meal was down $6.40, closing at $410.10 a ton. July soybean oil was up .44c, closing at 48.44c a lb.
  • Major U.S. stock indexes were 1% higher on Friday on optimism about the weekend's Greek elections. The Dow Jones Industrial Average was up more than 115 points, closing at 12,767.17. The Standard & Poor's 500 Index was up almost 14 points, closing at 1,342.82. The Nasdaq Composite Index was up more than 36 points, closing at 2,872.80.
  • The value of the U.S. dollar against the euro was lower on Friday.
  • Crude oil futures were nearly flat on Friday as investors considered hopes of further economic stimulus and the Greek elections. The July contract was up 12c, closing at $84.03 a barrel.
  • Gold futures prices in New York were higher on Friday on hopes for more stimulus measures. The June contract was up $8.60, closing at $1,627 an oz.   

Friday, May 4, 2012:

  • Wheat futures were mostly lower with corn and soy complex futures mixed on Friday. Wheat futures were lower on anticipation a large U.S. crop will add to global stockpiles. Nearby corn futures were higher on tight cash markets, a strong cash corn basis, no deliveries and big export sales. Nearby soybeans were higher on export demand and spillover support from corn. Chicago May wheat fell 4½c, closing at $6.03¾ a bu, Kansas City May was down 7c, closing at $6.13¾ a bu, and Minneapolis May was down 3c, closing at $7.40 a bu. May corn futures were up 11½c, closing at $6.62¼ a bu. May soybeans were up 6¼c, closing at $14.75 a bu. May soybean meal was up $6.90, closing at $432.10 a ton. May soybean oil was down 0.50c, closing at 53.30c a lb.
  • Major U.S. stock indexes were lower on Friday on a slowdown in job creation and more workers dropping out of the workforce. The Dow Jones Industrial Average was down more than 168 points, closing at 13,038.27. The Standard & Poor's 500 Index was down more than 22 points, closing at 1,369.10. The Nasdaq Composite Index was down almost 68 points, closing at 2,956.34.
  • The value of the U.S. dollar against the euro was higher on Friday.
  • Crude oil futures fell on Friday due to weak jobs data. The June contract was down $4.05, closing at $98.49 a barrel.
  • Gold futures prices in New York closed higher on Friday on the disappointing jobs data. The June contract was up $10.40, closing at $1,645.20 an oz.   

Thursday, May 3, 2012:

  • Wheat and corn futures were mixed with soy complex futures mostly lower on Thursday. Chicago wheat futures were higher on short-covering. Nearby corn futures were higher on strong export sales, tight stocks and no deliveries on the spot May contract. Soybean futures were lower on long-liquidation. Chicago May wheat rose 1¼c, closing at $6.08¼ a bu, Kansas City May was up 2½c, closing at $6.20¾ a bu, and Minneapolis May was down 1½c, closing at $7.43 a bu. May corn futures were up 8½c, closing at $6.50¾ a bu. May soybeans were down 11¼c, closing at $14.68¾ a bu. May soybean meal was down $3.30, closing at $425.20 a ton. May soybean oil was down 0.53c, closing at 53.80c a lb.
  • Major U.S. stock indexes were lower on conflicting economic data on Thursday. There was a report on a decline in weekly jobless claims but also weaker-than-expected data from the service sector. The Dow Jones Industrial Average was down almost 62 points, closing at 13,206.59. The Standard & Poor's 500 Index was down almost 11 points, closing at 1,391.57. The Nasdaq Composite Index was down almost 36 points, closing at 3,024.30.
  • The value of the U.S. dollar against the euro was higher on Thursday.
  • Crude oil futures were more than 2% lower on Thursday on slowing U.S. economic growth and rising OPEC production. The June contract was down $2.68, closing at $102.54 a barrel.
  • Gold futures prices in New York closed lower on Thursday on lower crude prices and weak service-sector data. The June contract was down $19.20, closing at $1,634.80 an oz.    

Historical market data 

 

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