Benchmark U.S. crude oil for December delivery fell 79 cents to $39.85 a barrel Friday. Brent crude oil for December delivery fell 69 cents to $41.77 a barrel.
Wholesale gasoline for November delivery fell 2 cents to $1.14 a gallon. November heating oil fell 1 cent to $1.15 a gallon. November natural gas fell 4 cents to $2.97 per 1,000 cubic feet.
Gold for December delivery rose 60 cents to $1,905.20 an ounce. Silver for December delivery fell 3 cents to $24.68 an ounce and December copper fell 2 cents to $3.13 a pound.
The dollar fell to 104.73 Japanese yen from 104.87 yen. The euro rose to $1.1858 from $1.1819.
12 Cheap Dividend Stocks to Buy Today
While COVID-19 was a sucker-punch to the stock market earlier in the year, the stock market is roaring back. The Dow is hovering around 30,000, and the S&P 500 is trading near 3,600. S&P 500 stocks are trading at nearly 23 times their annual earnings, still well above historical norms.
At the same time, interest rates are near all-time lows (and probably dipping even lower). 10-year Treasuries are yielding just 0.9%, and collectively S&P 500 stocks are yielding under 2%. Some investors think that it's too challenging to find safe and affordable securities that pay 4%, 5%, and even 6% yields.
Searching for yield isn't easy in an environment where historically high asset prices and stimulus from the Fed have driven down yields. This doesn't leave many options for investors looking for retirement income or a decent dividend yield on their stocks, but there are a handful of cheap dividend stocks to buy that are still yielding 3-6%.
Let's review some of the best cheap dividend stocks in the market today in this slideshow.
View the "12 Cheap Dividend Stocks to Buy Today".