Friday, June 12, 2009

At the Opening Bell

All the sectors of S&P 500 are in red except Consumer staples, up 0.13%. The weakness from the prior session was carried over into today's opening bell. S&P started the day with a 5 point loss at 939.31.

Commodities are all on heavy pressure. Gold ($937.85 an ounce) and silver ($14.83 an ounce) are trading with losses, down 1.69% and 3.7% respectively. Crude oil is also in red. It is last quoted at $71.59 a barrel.

At this hour of trading European bourses are trying new lows of the day. FTSE is down 0.45% at 4442.01, DAX down 0.92% at 5060.26, and CAC is down 0.19% at 3328.61.