Over the weekend, Italy's widely-watched referendum failed, which prompted Prime Minister Matteo Renzi to announce his resignation. After a small bout of volatility, markets largely shrugged their shoulders and moved on.
Around the world shares were mixed with Europe mostly in the green (STOXX 600 up 0.56%) and Asia mostly in the red. The Shanghai Composite fell 1.2% and the Nikkei was down 0.8%.
Here in the states, all major averages posted gains. The Industrials added 45 points while the Transports rose 0.36%. The Nasdaq was the outperformer of the day, up 1.01%, while the S&P 500 climbed 0.58%.
The dollar index moved sharply lower today, down 0.69%, though it remains above the 100 level (100.17). Treasuries also fell as the yield on the 10-year note rose to 2.4%.
Commodity prices appeared little changed as gold fell a buck, silver climbed 7 cents and platinum added $6. XAU rose 0.6% and light crude rose 11 cents per barrel.
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