The Grand Finale
Overseas markets were mixed, this time with the Asia Dow losing 0.51% over continuing trade concerns, led by Chinese tech issues. US tariffs hit China, possibly prompting more Chinese retaliation, tomorrow. In Europe, the perception of progress on trade differences helped the STOXX 600 gain 0.41%. In the US, share prices opened higher, and stayed there all day despite somewhat mixed signals from the Fed about the impact of trade difficulties.
Fixed income markets were calm, with the euro gaining against the dollar, sending the dollar index down 0.12% to 94.42. US bond prices were higher in the AM, but then sold off to close about unchanged on the day; the yield on the 10-year T-note stood at 2.837%.
Precious metals were up from Tuesday's closing prices, but down slightly from yesterday's trading. Compared to Tuesday prices, gold gained $4, silver, 2 cents, and platinum was about unchanged. XAU added 1% since Tuesday, closing at 83.69. Copper fell 0.65%, and ... Log in or subscribe to continue reading.
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