Daily Recap
It was an oddly quiet day, considering the chaotic scene in Washington following the firing of FBI Director Comey. Despite predictions of a threat to our Constitution and all, stocks moseyed along as they have for most of this year amid low volatility. Asian markets were mostly higher, and European markets followed, as the STOXX 600 finished up 0.64%.
In the US, it was actual stock market news that kept prices lower (outside of the tech sector, once again) for most of the day. Negative news for Disney, 3M and especially Boeing sent those stocks, and the Dow Jones Industrial Average, lower despite higher oil prices that lifted Dow components Chevron and ExxonMobil higher. The S&P 500 was similarly down a shade for most of the day, even as the NASDAQ once again recorded new highs.
Bonds slipped, with the 10-year note's yield increasing to 2.41%. The dollar slipped just a tad, down ...
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