Oil Prices Pushing Dow Futures Up 22 Points Today

Dow futures for Tuesday, April 7, forecasted a 22-point gain from yesterday's strong close. As first-quarter earnings season kicks off, investors are keeping an eye on oil prices and statements from members of the Federal Reserve. On Monday, the DJIA Index gained more than 144 points, fueled by a surge in oil prices and soft data that hints the Federal Reserve will likely avoid an interest rate hike in June. Friday's weak March employment report pushed PNC Financial Services to delay its expected target rate date back to September. In commodities, gold prices jumped 1.3%, while silver prices gained 1.7%. The weak unemployment report dented expectations of a rate hike, which added a jolt to precious metals. Tags: DJIA , DJIA futures , DJIA index , dow futures , dow jones futures , market news , pre-market movers , stock futures , Stock Market Today , stocks to watch , top market news To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Oil Prices Pushing Dow Futures Up 22 Points Today appeared first on Money Morning - We Make Investing Profitable .