The Stakes in Wisconsin's Supreme Court Race Are High. Here's Why.
Sorry, Libs, the People Still Support Trump Deporting Illegals
Anti-Gunner Organization Just Made the Case for Trans-Identified People to Own Firearms
Here's What's at Stake for Republicans in Wisconsin's Supreme Court Elections
Iran Loads Up Missiles After Trump Issues Threat
Colorado Far From Finished Infringing on Gun Rights
How the Left Downplays Politically-Motivated Crime As Just Protests
More 'Extremely Dangerous Criminals' Have Been Sent to El Salvador
Dems Say Wisconsin Is Not for Sale. Walker Hits Them With the Facts.
The High Cost of Coastal Litigation: A Threat to Louisiana’s Economy and Trump’s...
DOGE Will Look Into Lawmakers Who Became 'Strangely Wealthy'
Another Poll Shows Democrats in Disarray Over How the Party Is Handling Trump
Trump's Answer to a Question About a Third-Term Is Sure to Trigger the...
Here’s Why the LA Times Is Suing Mayor Karen Bass
Scott Jennings Goes Up Against Former Pentagon Spokesperson on 'Signalgate'
OPINION

Bid For The Dollar Could Weaken Commodities

The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.
Advertisement
Advertisement
Advertisement
AP Photo/Mark Lennihan, File

It is a defensive and sluggish session with the major indices well off their lows and ten-year bond falling. Lots of tech names that are not in the Nasdaq or S&P are higher. 

Advertisement

Only two sectors are in the green this afternoon with consumer discretionary holding the lead. The TJX Companies, Inc (TJX) is the best performer in the sector after posting strong earnings results. These results raise the bar for peer Ross Stores (ROST), which is set to report earnings tomorrow afternoon. 

S&P 500 Index

 

-0.19%

Communication Services XLC

 

-0.35%

Consumer Discretionary XLY

+0.64%

 

Consumer Staples XLP

 

-0.23%

Energy XLE

 

-0.98%

Financials XLF

 

-1.18%

Health Care XLV

+0.21%

 

Industrials XLI

 

-0.80%

Materials XLB

 

-0.53%

Real Estate XLRE

 

-0.81%

Technology XLK

 

-0.06%

Utilities XLU

 

-0.22%

 

The dollar has appreciated around 2% over the last month, with a notable move last week. This strength has coincided with commodity weakness, despite some resilience this week. If this bid continues for the dollar, there could be more downside for commodities.

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos