EmailStock Market Update
Market Snapshot
| Dow | 13106.98 | +32.94 | (0.25%) |
| Nasdaq | 2979.44 | -9.83 | (-0.33%) |
| SP 500 | 1413.71 | -0.23 | (-0.02%) |
| 10-yr Note | -12/32 | 1.631 | |
| NYSE | Adv 1393 | Dec 1364 | Vol 141.2 mln |
| Nasdaq | Adv 1034 | Dec 1162 | Vol 349.5 mln |
Industry Watch
| Strong: Materials, Consumer Staples |
| Weak: Technology, Health Care, Telecoms |
Moving the Market
 |
November nonfarm payrolls: 146K actual, 90K Briefing.com consensus, prior revised down to 138K from 171K Nonfarm private payrolls: 147K actual, 120K Briefing.com consensus Unemployment rate: 7.7% actual, 8.0% Briefing.com consensus, 7.9% prior Hourly earnings: +0.2% actual, +0.1% Briefing.com consensus Average workweek: 34.4 actual, in-line with Briefing.com consensus Preliminary December Michigan Sentiment: 74.5 actual, 82.4 Briefing.com consensus, 82.7 prior |
Morning Commodities: Precious Metals Recover Into Positive Territory; Crude Oil Gives Up Gains
07-Dec-12 10:30 ET
Dow +32.94
at 13106.98,
Nasdaq -9.83
at 2979.44,
S&P -0.23
at 1413.71
[BRIEFING.COM] Precious metals tumbled to pit session lows in volatile trade on strong jobs data released earlier this morning. Feb gold slid to $1684.10 while Mar silver fell as low as $32.68. Buyers quickly stepped in and took prices back into the black and to new session highs. Gold is currently up 0.2% at $1705.00, and silver is at $33.22, or up 0.3%.
Jan crude oil popped to an overnight session high of $86.92 following the jobs report despite a stronger dollar index. However, the energy component erased the gain shortly after floor trade opened. Prices fell back into negative territory and are currently down 0.2% at $86.11.
Jan natural gas came off its session low of $3.62 and has been inching higher since pit trade opened. It broke above the break-even level in recent action and is now up 0.2% at $3.68.
Jan crude oil popped to an overnight session high of $86.92 following the jobs report despite a stronger dollar index. However, the energy component erased the gain shortly after floor trade opened. Prices fell back into negative territory and are currently down 0.2% at $86.11.
Jan natural gas came off its session low of $3.62 and has been inching higher since pit trade opened. It broke above the break-even level in recent action and is now up 0.2% at $3.68.
