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Adding this Chemicals Stock for its 5-Year Average Annual Return of 30%

Daily Recap

Wednesday was a mixed, quiet day compared to the last two, but with a grumpy undertone nevertheless.  Asian markets led things off, with all 3 major east Asian exchanges finishing lower.  Things were more mixed in Europe, where the STOXX 600 added 0.2%.  

US shares started off firmer, based on a decline in US Treasury yields.  But lower oil prices once again grabbed traders' attention, with crude ultimately falling another 3% today.  The dollar was also down, but only marginally.

Precious metals were modestly higher: Gold up $4, silver up 12 cents, platinum up $2.  Fighting downward pressure from the US stock market, XAU was only able to finish unchanged.

At the close, the Dow is down 31 points, though the NASDAQ managed to gain 0.36%.

 

 

Adding this Chemicals Stock for its 5-Year Average Annual Return of 30%

By Dr. Carla Pasternak

 

The year 2016 should be dubbed the year of recovery for chemical stocks. Stocks in ... Log in or subscribe to continue reading.


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