Stocks were mostly higher overseas and then got a big shot in the arm – up 170 Dow points – by progress in US-Sino trade issues. The Asia Dow rose 0.3% despite losses in Chinese, Hong Kong, and Japanese shares. Europe’s STOXX 600 managed a 0.47% gain.
Interest rates were again quiet, though slightly lower in the US, taking the 10-year yield down to 2.965%. Bigger pressure on the US dollar index pushed it below 95, to 94.84 – down 0.32%.
That fact, and another big jump in oil prices, goosed the precious metals to nice gains. Gold and platinum were both up about $10, and silver added 15 cents to the upside. Crude finished above $70, up 1.5%, though copper sat out the session, unchanged. The miners were very strong, as XAU closed at 64.31, up nearly 4%.
But rather nonplussed by Apple’s new products, tech and NASDAQ shares soon skidded, ... Log in or subscribe to continue reading.
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