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What Economic Sanctions?

Daily Recap

Generally quiet stock trading in the US was taken even further worldwide, as measured by a 0.00% change in the Global Dow.  Asian shares were mostly higher, though, with the Asia Dow gaining 0.32%, aided by a 0.68% rise in Korea's KOSPI index.  European exchanges fared less well, though the STOXX 600 did manage a 0.03% gain.  Given those facts, how could the Global Dow not be higher?

Ah, yes - the US.  Stocks were gently lower most of the day, and then dribbled down a bit more by the close.  The Dow Industrials finished 32 points or 0.14% lower.  The S&P 500 and NASDAQ performed similarly, down 0.17% and 0.18%, respectively.  Interestingly, there were more advancing issues on the NYSE than declining issues - 1,540 to 1,384.  

Higher bond prices (with their lower yields) didn't seem to hurt the US dollar, which rose 0.17% to 93.08.  The 10-year T-note yield fell ... Log in or subscribe to continue reading.

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