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Richard's Thoughts on New Highs

Daily Recap

New threats from both Trump and North Korea's Kim Jong Un are working their way through global markets, causing minor volatility and a bid for safe haven assets.

 

In overseas markets, Europe trended mostly higher, while Asia worked its way lower. The Stoxx 600 climbed 0.09%, outdone by the Europe Dow which was up 0.41%. In Asia, India's Sensex was the big loser, down 1.38% as the Asia Dow fell 0.45%. The Global Dow climbed 0.11%.

 

Here in the states, price swings remained muted as the Industrials shed 10 points and the Transports climbed 35, representing a 0.37% gain. The Nasdaq and S&P 500 both put in marginally positive performances, rising 0.07% and 0.06%, respectively.

 

Bonds ended their mini losing streak as prices went higher and yields lower. The 10-year note was up 6/32 to yield 2.26%. The dollar was relatively unchanged, at least at the index level, which fell 0.03%. ... Log in or subscribe to continue reading.


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