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We Only Added How Many Jobs In March?

Daily Recap

As we have come to expect, yesterday's down day was followed by today's up day. Fears of a US/Russia conflagration eased notably. So basically – what went down yesterday went up today, and vice versa.

In Asia, their Dow closed before the latest love fest, so it lost 0.38%. But European shares got the positive vibe, leading the STOXX 600 to a 0.70% gain, with all major markets rising. US stocks opened higher, and worked higher most of the day, the opposite of yesterday's action.

Bonds, yen and gold? Up yesterday, so down today. The yield on the 10-year note rose, as bond prices fell, closing at 2.829%. The dollar buys 0.42 more yen today than yesterday, and the dollar index rose 0.29% to 89.76. Gold showed that it's really not ready for prime time yet, falling $17/oz. Silver lost 19 cents, platinum lost $3, and copper fell a big 5.7 ... Log in or subscribe to continue reading.

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