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Making America Great Again

Daily Recap

European shares finished higher, encouraged by strong economic activity in the EU. Led by the French market and despite concerns over the attack in Manchester last night, the STOXX 600 added 0.22%. Asian markets were mostly lower, with the Hang Seng index an exception − up a slight 0.05%.

In the US, stocks were quietly higher with banks leading the way. Buoyed by a merciful break in the ongoing Trump drama and the president's ability to act, well − presidential for once, the Dow Industrials finished up 0.21%, just ahead of the S&P's 0.18% gain. The NASDAQ took a small break from leading the market higher, closing with just a 0.08% gain.

US fixed income also registered minor gains. The 10-year note added a few ticks, with its yield falling slightly to 2.287%. In the Forex markets, the yen was higher and the euro was lower. The US dollar index ... Log in or subscribe to continue reading.


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