News

Oil extends declines as possible U.S.-Iran talks raise hopes for Mideast peace deal

Oil prices fell as optimism grew that Iran may restart negotiations with the U.S. and Israel, easing tensions over the conflict that has disrupted the Strait of Hormuz.

Has Intel's Rally Gone Too Far, or Is the Momentum Just Beginning?

INTC, AMZN, AMD, NVDA, TSM, TSLA, SFTBY, GOOGL

Trading near its highest levels since 2021, Intel stock has continued a remarkable turnaround after years of structural, competitive, and financial setbacks.

Asia markets set to open higher as hopes for a U.S.-Iran deal rise and oil prices drop

The West Texas Intermediate was down 2.39% at $88.94 per barrel as of 7:40 p.m. ET. Brent crude fell over 4% to settle at $94.79 per barrel on Tuesday.

Wheat Rally Extends to Tuesday

The wheat complex posted strength across the three exchanges on Tuesday. Chicago SRW futures were 7 1/2 to 10 cents higher on the day. KC HRW futures led the way with gains of 18 1/2 to 20 1/4 cents on the day. MPLS spring wheat was up 11 to 113...

Corn Closes Mixed on Tuesday

Corn futures closed out the Tuesday session on a mixed note, with front months up 1 ½ to 2 ¾ cents and other contracts fractionally lower. The CmdtyView national average Cash Corn price was up 3 cents at $4.05. USDA reported private export sales of 316,000 MT to Mexico (65,000...

Cotton Faces Tuesday Pressure

Cotton futures closed the Tuesday session with contracts down 11 to 61 points. The US dollar index was $0.278 lower at $97.885. Crude oil was down $7.01 on the day, as reports suggest the US and Iran could hold talks as early as this week, though nothing has officially been...

Cattle Rally on Tuesday

Live cattle futures closed the Tuesday session with gains of $1.05 to $2.90 across the board. Last week’s cash trade was at $246-249 in the South, with some northern action near $249-250. Monday had some cleanup trade at $248 in KS. Feeder cattle futures were $1.40 to $2.50 higher at...

Hogs Fall Lower on Tuesday

Lean hog futures posted Tuesday losses of 5 to 72 cents, as April was steady ahead of the Wednesday expiration. USDA’s national base hog price was reported at $90.77 on Tuesday afternoon, up $1.73 from the day prior. The CME Lean Hog Index was back down a penny on April...

Soybeans Face Pressure on Tuesday

Soybeans were lower on Tuesday with contracts down 3 to 6 ½ cents across most months. The cmdtyView national average Cash Bean price was down 4 1/4 cents at $10.91 1/4. Soymeal futures were 20 cents to $2.20 lower on the day, with Soy Oil futures down 6 to 61...

Central banks were buying gold at record levels. Here's why they're selling now

GOLD

After years of accumulation, some central banks are now selling bullion as war-driven pressures force a scramble for cash.