GCC Approved ESM Ratification, Focus Turned to FOMC Meeting

By
A A A

Market sentiment waxed and waned, rising as the German Constitutional Court ( GCC ) approved the ESM and the fiscal pact but then dipping as the focus has shifted to the FOMC meeting. Wall Street ended the day modestly higher with the DJIA and the S&P gaining +0.07% and +0.21% respectively. In the commodity sector, the 2 crude oil benchmarks deviated in performance. While the front-month contract for WTI crude oil initially climbed to a 1-month high of 98.06 but then retreated to 97.01, down -0.16%, at close. The Brent crude contract climbed to a 1-month high of 116.67 before ending that day at 115.96, up +0.49%.

Read More on International Business Times



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Commodities

Referenced Stocks: GCC

International Business Times

International Business Times
  • See all for International Business Times
  • View Print Version

More from International Business Times:

Related Videos

Your Car Is Spying on You
Your Car Is Spying on You           

Stocks

Referenced

Most Active by Volume

73,078,214
  • $30.33 ▼ 3.90%
57,046,796
  • $15.52 ▲ 0.45%
51,290,831
  • $100.57 ▲ 0.04%
39,855,468
  • $8.13 ▲ 1.37%
31,693,544
  • $5.50 ▲ 20.35%
31,532,510
  • $10.33 ▲ 0.78%
31,526,753
  • $39.10 ▲ 47.21%
28,366,542
  • $26.36 ▲ 1.19%
As of 8/20/2014, 04:04 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com