The 30-year bond auction went well, commodities shot up again, and the S&P squeaked in a new high. Dow up 30.
US stock markets fell after the bond auction last night but rallied back after the bond market closed. Dow down 25.
Base metals soared through chart levels and oil broke US$70 last night as the stock market trod water. Dow down 1 point.
As US bond yields continue higher, stocks are struggling to rally. Dow unchanged.
Mixed jobs data confuses investors and tech stocks drag, while a resurgent US Dollar wipes some of the recent gloss off commodities.
Everything that happened on Wednesday was reversed last night, and some. Dow up 75.
A bounce in the US dollar sent commodity prices tumbling last night. Dow down 65.
Wall Street held on to Monday’s gains last night on some positive housing data. Dow up 20.
The S&P 500 closed above its 200-day moving average last night for the first time in eighteen months. Dow up 220.
Commodities and commodity stocks extended recent gains, but the broader market was undecided until the last half hour, then it went up, up and away.