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S&P 500 Futures—The S&P 500 in the June contract is trading lower for the 2nd consecutive session down 17 points at 2841 on concerns about an intensifying fallout from a U.S. crackdown on Huawei weighing on market sentiment. At the present time I do not have a recommendation in any of the U.S equity markets as I am advising clients…
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Copper Futures—The highly anticipated trade agreement with China has failed at this time as the U.S has added more tariffs which were supposed to send shock waves throughout many of the commodity sectors, but it fizzled big time as there are very few major reactions in today’s trade. Copper prices are currently trading at 2.7680 a pound after settling…
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Corn Futures—Corn futures in the July contract are currently trading lower by 2 cents at 3.64 a bushel as wet weather continues to enter the midwestern part of the United States as planting is only about 23% complete versus the 5 year average of 36%, however the trade agreement with China looks to be on hold as that has been…
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