S&P futures vs fair value: +3.50. Nasdaq futures vs fair value: +9.00. Crude oil prices are up 0.4% to $98.40 per barrel in the opening minutes of pit trade. Meanwhile, natural gas prices are down 0.8% to $4.35 per MMBtu. Prices could see some volatility with the release of weekly inventory data at 10:30 AM ET. Precious metals are up with varied gains this morning. Specifically, gold was last quoted with a 0.5% gain at record levels above $1592.00 per ounce. Silver is up a dramatic 3.0% to $39.28 per ounce. Mixed overall action among commodities has the CRB Commodity Index down fractionally after it set a one-month high yesterday.
