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Why Ubiquiti Stock Just Sank

The networking technology specialist's gross profit margin declined on a sequential basis last quarter.

Soybeans Firm Higher Late on Friday

Soybeans pushed higher late on Friday, with contracts up 1 to 4 ¼ cents at the close. September was up 47 ¼ cents on the week, with November 47 cents higher. September options expired today. The cmdtyView national avera…

Dollar Little Changed as Stocks Climb and Crude Oil Stabilizes

The dollar index (DXY00) is down by -0.03% today, holding just above Thursday’s 3.25-month low. Strength in stocks today has reduced demand for dollar liquidity. The dollar is still weighed down by negative carryover fr…

Stocks Settle Lower as Rising Crude Prices Spur Inflation Fears

The S&P 500 Index ($SPX) (SPY) closed down by -0.87% on Thursday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down by -1.32%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down by -0.72%. E-mini S&P futures (E…

Dollar Recovers Early Losses on US Economic Strength

The dollar index (DXY00) recovered from a 3-month low on Thursday and finished up +0.08%. Short covering emerged in the dollar on Thursday amid better-than-expected US economic news, including weekly jobless claims, the…