Stock Market Update
09-Aug-24 12:35 ET
Commodity futures trade higher; oil prices boosting energy sector
Dow -26.45
at 39420.04,
Nasdaq -21.22
at 16638.81,
S&P +2.02
at 5321.33
[BRIEFING.COM] The S&P 500 (+0.1%) has maintained a posture above 5,300 so far this session, trading in a 40 point range.
Commodity futures are mostly trading higher. WTI crude oil futures are up 0.9% to $76.89/bbl and copper futures are 0.7% higher at $3.99/lbs. Natural gas futures are down 0.1% from yesterday at $2.13/mmbtu.
The price action in crude oil futures has contributed to the outperformance of the S&P 500 energy sector, up 0.3%.
