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Navigating Aberrant Data

Daily Recap

Stocks spent today digesting their recent string of gains, and finally showed us a color we haven't seen recently: red. In narrow trading, gains in the energy sector were not enough to overcome losses elsewhere, leading to most major indexes posting small declines.

 

The Industrials shed 12 points (0.06%), while the Transports fell a heftier though still relatively inconsequential 0.22%. Elsewhere, the Nasdaq declined 0.16% and the S&P 500 lost five points or 0.18%.

 

Trading in overseas markets was more positive, with most of the world's major averages in the green. In Europe, all but the UK's FTSE were in the green, leading to a 0.19% rise in the Stoxx 600 and a 0.30% gain in the Europe Dow. Over in Asia, the Hang Seng index was the lone loser, though the Asia Dow did post a 0.13% decline. The Global Dow Index fell slightly by 0.07%.

 

Government bonds around the world were little changed. In ... Log in or subscribe to continue reading.


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