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World stock markets continued on a tear today, as a 1.04% rise in the Global Dow indicated. The Asia Dow gained 0.99%, the STOXX 600 added 0.89%, while US indices once again soared to new highs, this time led by the Dow Industrials.

Precious metals and crude oil joined in the festivities as well. Gold rose $9, silver 8 cents, and platinum $8, as the dollar again slid lower – down 0.38% to 91.89. Oil closed in on three-year highs, as it rose 0.42% to $61.89/bbl. XAU was up 0.9% to 87.79.

Fixed income assets sat on the sidelines while everyone else danced, with prices up or down trivial amounts. The 10-year US note yields 2.445%, virtually unchanged.

When they shut the party down, the Dow was 75 points above the 25,000 mark, up 0.61%. The S&P 500 was up 0.4%, and the NASDAQ rose 0.18%. NYSE winners topped losers 1,755 to 1,206, ... Log in or subscribe to continue reading.

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