Futures Markets Show Mixed Signals

Early trading on the Chicago Mercantile Exchanges futures markets showed a downward trend, indicating a softening in prices across key commodities. December twenty-fifth contracts opened at $216.25, peaked at $217.15, and closed at $213.15, a drop of $2.43. Similar declines were seen for February and April twenty-sixth contracts. Estimated sales dropped from Fridays numbers, and total open interest also fell. However, some later-dated contracts saw small gains, suggesting a mixed outlook. The market presented a picture of cautious trading, with complex factors at play in commodity futures.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.