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Yesterday evening it was another mixed close for the major US stock markets and one where only the Dow Jones ended the day higher. That divergence was noted here on the opening and it remained that way until the end of the session. The Dow Jones closed 172 points higher, at 39,056. That was its first daily close above 39k since April 3. The gains in the likes of Amgen and Boeing outflanked the losses in Intel. Overnight the Dow Jones futures have slipped a little, even as the Chinese markets rise. The Dow Jones futures are currently pricing the reopening for later today at around 39,025
As noted a couple of times this week, there will be no Quick News updates next week. That is due to absence. However, there are some important events...
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On Wednesday when the EUR/USD lifted above a noted down trend line support, the move extended to a high at 1.0869. That was all driven by the latest...
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