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Daily Recap

It's finally election day, with the whole world watching closely this time. Earlier, Asian markets closed mostly higher, following Monday's huge jump in US stocks which, in turn, followed a likelier Clinton win after the FBI decided to pass once again on prosecution. European shares also moved up, with the STOXX 600 gaining 0.32%.

 

Negative economic news from Germany and China failed to keep stocks down. German industrial output fell by three times the expected amount (1.8%), while Chinese exports slowed another 7.3%. Stocks opened lower in the US, following yesterday's giant rally, but soon turned positive.

 

Crude oil finished about unchanged, after being up earlier. The US dollar added 0.21 to 97.92. Bond prices fell, as yields on the 10-year Treasury rose 4 basis points to 1.87%

 

Coming into today's close, gold is down $6, though silver is up 16 cents and platinum is $3 higher. XAU is up 0.6%. The Dow ... Log in or subscribe to continue reading.


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