Saving the Planet, But Ruining the Future?
Stocks were sort of mixed up today. In Asia, Japanese and Singapore exchanges were a bit higher, but other markets were lower; the end result was a 0.48% decline in the Asia Dow. Things were more optimistic in Europe, so the STOXX 600 rose 0.66%. In the US, stocks opened lower, traded higher, and then headed lower for the rest of the session based on interest rate concerns and weakness out of Cisco and the tech sector.
Interest rates and the US dollar were about unchanged. Yields stayed above 3%; on the 10-year note they were at 3.106%, and the 30-year's yield was 3.27%. The dollar is hanging tough, still above 93, with a 0.2% increase today on top of all the previous gains.
Precious metals were once again basically no-shows, with silver again the star of the show. Gold finished unchanged, but silver was up 8 cents. Platinum was also unchanged, ... Log in or subscribe to continue reading.
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