This morning, the S&P 500 Index e-mini futures (ES H2) are trading higher by 2.00 points to 1365.00 per contract. All of the European markets are trading slightly higher this morning. The major stock market indexes continue to hold steady despite the high prices in oil. Light sweet crude is trading above $108.00 a barrel today. We can only wonder how long it will be before high oil begins to hurt the stock market. Before the opening bell the ProShares Ultra DJ-UBS Crude Oil (NYSEARCA:UCO) is trading higher by 0.10 to $47.79 a share.
If you want to add your voice and contribute to this existing news event, use the event code
(Event Code: @12076267), that you will find on each news event page, as the first word of the
SMS or MMS message followed by a space then add your contribution (text, image or video). For example:
@12076267 This is an amazing video of Greg Norman hitting a hole-in-one in Sydney, Australia.
The first word of the message should be @12076267 (event code), to make sure the system attaches
your voice to the right news event.