Mid-Morning Market Update: Markets Rise; ConAgra Foods Plans To Exit Private Label Business

Following the market opening Tuesday, the Dow traded up 0.23 percent to 17,636.26 while the NASDAQ climbed 0.46 percent to 4,981.20. The S&P also rose, gaining 0.30 percent to 2,063.71.

Commodities
In commodity news, oil traded up 1.08 percent to $58.96, while gold traded down 0.84 percent to $1,169.10.
Silver traded down 1.24 percent Tuesday to $15.50, while copper fell 1.54 percent to $2.59.

Euro zone
European shares were mostly lower today. The eurozone’s STOXX 600 fell 0.66 percent, the Spanish Ibex Index gained 0.08 percent, while Italy’s FTSE MIB Index rose 0.25 percent. Meanwhile, the German DAX fell 0.69 percent, and the French CAC 40 dropped 0.67 percent while UK shares slipped 0.63 percent.

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