Commodities finished higher in regular session trading, as crude futures topped $101 a barrel and gold snapped a losing streak to end in positive territory.
Light, sweet crude for July delivery finished up 1.1% to $101.93 a barrel. In other energy futures, heating oil was up 1.42% to $3.13 a gallon while natural gas was down 3.57% to $4.67 per million British thermal units.
In energy ETFs, the United States Oil Fund (USO) is up 0.83% to $40.18. The United States Natural Gas ETF (UNG) is down 3.41% at $11.90.
Meanwhile, gold futures ended higher as rising crude oil prices drove concern over inflation.
Gold for August delivery finished up 0.3% to $1,542.70 an ounce. In other metal futures, silver was up $2.14 to $37.40 a troy ounce while copper traded down 0.06% to $4.10.
The U.S. dollar index (DXY) is up 0.44% to $74.20.
In metal ETFs, SPDR Gold Trust ( GLD ) is up 0.33% to $150.31. Market Vectors Gold Miners ( GDX ) is up 2.04% to $54.52. iShares Silver Trust (SLV) is up 1.3% to $36.50.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
