THE PARTY'S OVER: Prices for oil and most metals slipped on Thursday. They'd shot higher the day before, after lawmakers hammered out a compromise budget deal, but by Thursday investors' enthusiasm was cooling.
ABUNDANT OIL?: The government reported that crude supplies are nearly 16 percent above the five-year average, and U.S. production is at its highest point in 19 years. A bigger supply of oil can also send its price down.
PLATINUM SHINES ON: Metals both precious and industrial slipped: Prices for gold, silver, copper and palladium all fell. The exception was platinum, which gained $11.90 to $1,579.90 an ounce.
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for July 24th, 2014 | John Ransom
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for July 23rd, 2014 | John Ransom