Daily Recap
Recent trends mostly continued today, though on a very quiet scale. International equities were as calm as can be, with the Global Dow absolutely unchanged. The Asia Dow rose 0.26%, while the STOXX 600 fell 0.32%. In the Americas, two of the four major markets were higher, two lower.
US stocks started off on the down side, but that went nowhere. Rallying gradually throughout the day, all three major US indices finished higher, a result of continuing "positive short-term momentum," and a solid ISM non-manufacturing report for last month.
By the closing bell, the Dow Industrials were up 20 points, while the S&P and NASDAQ gained 3 points apiece – basically 0.1% for all. But the Transports fell 0.52%, and decliners edged out advancing issues on the NYSE, 1,485 to 1,421.
Fixed income securities were mixed worldwide. In the US, the 10-year note fell a bit, boosting its yield to 2.332%. The US ...
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