Click Here to Subscribe Now! Try a 3-month trial for only $68 Let's Connect:    

Daily Recap

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.

Premium Content Notification

A subscription is necessary to access premium content.

Please use the button below to subscribe in order to access all premium articles