The Asia Dow lost only 0.05%, even as every major Asian stock exchange was lower by more than that amount. Don’t ask me! In Europe, the Europe Dow was UP 0.74%, while the three largest exchanges were lower (huh?). The STOXX 600, at least, was down a little bit – 0.02%. American exchanges were all higher, with Chile’s being the key exception.
Bonds were much more indecisive today – up some places and in some maturities, down elsewhere. The yield on our 10-year note ratcheted up a tad more, now at 2.220%. Despite the higher US rates, the dollar index dropped below 96 again, closing with a loss of 0.49%.
Commodities were mostly higher. Crude oil rose for the 5th day in a row, closing at $44.72, up just over 1%. Gold rose by $3, silver by 17 big cents, and platinum added a couple of bucks per ounce. Driven by higher metals prices and higher stock prices, XAU gained a tepid 49 cents ... Log in or subscribe to continue reading.