Stock Market Update
13-Jun-24 11:00 ET
Commodity futures trade in mixed fashion
Dow -242.60
at 38469.61,
Nasdaq +25.94
at 17634.38,
S&P -7.31
at 5413.72
[BRIEFING.COM] The major indices traded in relatively narrow ranges over the last half hour. The Nasdaq Composite is still trading 0.2% higher.
A short time ago, the weekly EIA Natural Gas Inventories showed a build of 75 bcf versus a build of 98 bcf last week. Natural gas futures are down 4.1% to $2.92/mmbtu.
On a related note, WTI crude oil futures are 0.2% higher to $78.66/bbl. The S&P 500 energy sector is trading 0.9% lower despite positive price action in oil.
The next worst performing sector is the materials sector (-0.8%) followed by the health care sector (-0.7%).
