The price of gold rose $7.00 to $1,339.80 per ounce, gaining as the U.S. dollar moved to its lowest levels since mid-November against a basket of America’s trading partners. The weak dollar boosted the bulk of the commodity complex, notably the price of copper – which surged to an all-time high of $4.51 per pound.
S&P 500 stock futures rallied 6.80 to 1289.20 while brent crude oil traded above $100 per barrel for the second day in a row.