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  • DTN Oil

    Oil Futures Up, Shake Off Weakness Spurred by GDP Surprise

    Nearest delivered oil futures on the New York Mercantile Exchange and Brent crude on the Intercontinental Exchange shrugged off early weakness spurred by a surprise reading for U.S. economic growth to end Thursday's session higher.

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What DTN Is Watching

Markets

The U.S. Labor Department's employment report for April is set for 7:30 a.m. CDT Friday, important numbers with consequences for interest rate policy. Traders will continue to watch the latest weather forecasts closely and will be watching for any news of a possible strike in Argentina.

Weather

A front continues through eastern areas of the country on Friday with scattered showers and thunderstorms east of the Mississippi River. The active pattern continues though, with another system entering the Plains which should bring about scattered showers and thunderstorms and another risk of severe weather from Nebraska to Texas again.

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Video

  • Closing Market Comment

  • Soybeans and Wheat Markets End with Solid Gains on Weather

  • Market Weather Outlook

  • Planting Delays Continue for the Next Week

 
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