Mid-Day Update: U.S. Stocks Dip On Geopolitical Concerns
U.S. stock futures were down at midday Tuesday, with all three major indices in the red amid geopolitical concerns over sectarian wars in the Middle East, along with the ongoing conflict between Ukraine and Russia.
Investors were also digesting a job openings report along with small business sentiment data. The number of job openings in the U.S. in June rose to 4.67 million, according to the U.S. Department of Labor. Meanwhile, small business sentiment also rose.
Crude oil for September delivery was down 0.90% to $97.20 per barrel. Natural gas was up 0.66% to $3.99 per 1 million BTU. Gold was up 0.43% to $1,316 an ounce, while silver was down 0.30% to $20.04 an ounce. Copper was down 0.57% to $3.16 per pound.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.