Commodities finished mixed while gold futures managed to close up nearly 1%, help, in part, by a weaker dollar. Crude futures slipped nearly 1%.
Light, sweet crude oil for January delivery finished down 0.8% to $100.49 a barrel. In other energy futures, heating oil was down 0.88% to $2.99 a gallon while natural gas was down 1.92% to $3.42 per million British thermal units.
In energy ETFs, the United States Oil Fund ( USO ) is up 0.21% to $39.09. The United States Natural Gas ETF ( UNG ) is up 0.52% to $7.67.
Meanwhile, gold futures finished higher as worries emerged over whether Europe can effectively address its debt crisis.
Gold for February delivery finished up 0.8% to $1,744.80 an ounce. In other metal futures, silver was down 0.5% to $32.58 a troy ounce while copper was down 0.67% to $3.55.
The US Dollar Index was down 0.1% to $78.44.
In metal ETFs, SPDR Gold Trust ( GLD ) is up 0.65% to $169.27. Market Vectors ETF Trust ( GDX ) is down 0.32% to $58.83. iShares Silver Trust ( SLV ) is down 1.16% to $31.56.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
