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Collecting Nickels

Daily Recap

As one might expect right in the middle of the holiday season, most markets were rather calm today. In Asia, a big gain by India's SENSEX was more than offset by an even bigger decline by Japan's NIKKEI, while Chinese shares were basically unchanged. In the three biggest European exchanges, two were down 0.20% and one was up 0.20%; let's call that a draw.

US stocks started the day slightly higher, sold off moderately, then rallied to finish down just a bit from yesterday. A nothing day, basically, despite the implementation of multiple sanctions on Russia by the US. At the close, the Dow Industrials were down 13 points at 19,820; the S&P lost 1.36 points and the NASDAQ fell by 6.47 points.

Crude oil gave up 30 cents a barrel as US stockpiles unexpectedly rose. The US dollar index took a breather, down half a percent, and bond prices continued yesterday's ... Log in or subscribe to continue reading.

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