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Commodities Firmer as Stocks Gain, Dollar Eases - ETFs Slip After Monday Advance

Commodities prices are modestly firmer in electronic trading as the dollar eases. Related ETFs are flat to weaker in the early going, however.

January crude futures are up 60 cents or 0.6% in electronic trading.

February gold futures are up $3.80 or 0.2% at $1,718.50 an ounce.

United States Oil Fund ( USO ) is down 0.4% at 37.69. The fund gained 1.8% Monday.

SPDR Gold Trust ( GLD ) is down 0.2% at 166.28. The fund gained 1.9% Monday.

In currency trading Tuesday, the euro firmed 0.9% to $1.3410, while the dollar index, which tracks the performance of the greenback against a basket of other major currencies, dropped 0.6% to 78.692.

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

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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.

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