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Yesterday the noted break above 5,767.37 in the S+P 500 did lead the index to push to new records highs above 5,775 at the time of that update. The index pressed on, to set a new all time record at 5,796.80, before later closing 40.91 points higher, at 5,792.04. As previously mentioned, the broadest measure of the US stock markets gained from both sides yesterday, as the Nasdaq 100 caught up with the earlier gains seen in the Dow Jones. Overnight the Asian markets have jumped again led by more than 4% gains in Hong Kong and mainland China a little earlier today. The Fed meeting minutes came and went last night and ultimately offered few surprises for the markets. However, later today we have the very important US CPI report which has the potential to have the most impact of all. There will be more to add on that in due course. Meantime, the S+P 500 futures are slightly lower and just now pricing an opening just below the close last night
The US stock markets have just reopened and it has been an across the board lower start to the session. The Nasdaq 100 has just kicked off at 19,657...
Since the last update here on Gold, the metal has now tested and taken out the noted trend line resistance level, in place around $3,029 per ounce...
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