Markets To Watch Today!

Crude Oil: Crude Oil continues to hover around the $70 mark, falling below that level during yesterday's pit session and climbing back above in the overnight session. Yesterday's sell-off was propelled by record inventories in petroleum-product stocks. US Gasoline stocks jumped by 2.1 million barrels to 208.5 million barrels, according to the Energy Department's weekly report. The report also revealed a decrease in demand and increased production. July Crude is trading at $70.22, up 36 cents in the overnight market.

Gold: Gold Prices tanked yesterday, as a strengthening US Dollar and losses in the commodity markets, in general, gave bears control of the market. It's been a roller coaster in most all the New York markets, as we see the metals making early gains this morning. August Gold is trading at $651.00, up $6.90.

Copper: Copper fell yesterday, erasing most of Tuesday's gains. Strong new US home sales data helped to cushion the fall, and the market looks to be rebounding this morning. July Copper is trading at $3.65, up 1.1 cents.