The NYSE Composite
closed up 1.2%. The Nasdaq
closed up 1.2%. The Nasdaq 100
closed up 0.8%. The Russell 2000
closed up 2.1%. The DJ Transportation Avg.
closed up 0.4%. The DJ Utilities Avg
closed up 0.5%.
Gold closed up $7 an ounce at $1,747 an ounce.
Oil closed down $1.13 a barrel at $97.35 a barrel.
The U.S. Dollar etf UUP closed down 0.5%.
The U.S. Treasury bond etf TLT closed down 1.4%.
Yesterday in European Markets.
Markets in Europe closed sharply higher yesterday. The London FTSE closed up 1.9%. The German DAX closed up 2.4%. France closed up 2.1%.
Asian Markets Were Positive Last Night.
The Asia Dow closed up 1.0%.
Among individual markets:
Australia closed up 1.0%. China closed up 2.0%. Hong Kong closed up 2.0%. India closed up 0.8%. Indonesia closed up 1.3%. Japan closed up 0.8%. Malaysia closed up 1.1%. New Zealand closed up 0.4%. South Korea closed up 1.3%. Singapore closed down 0.1%. Taiwan closed up 1.4%. Thailand closed up 0.5%.
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Markets This Morning.
European markets are mixed with only fractional moves this morning. The London FTSE is down 0.2%. Germany's DAX is up 0.1%. France's CAC is up 0.2%
Oil is down $.13 a barrel at $97.22.
Gold is up $2 an ounce at $1,749 an ounce.
This morning in the U.S. Market:
This is a very heavy week for potential market-moving economic reports including the Chicago PMI, ADP Jobs Report, ISM Mfg Index, Factory Orders, and the Labor Department's Employment Report for January. To see the full list click here, and look at the left side of the page it takes you to.
Monday's report was that U.S. Incomes were up an unexpected 0.5% in December, and Spending declined 0.1%, as savings rose 0.4%.
Tuesday it was the Case-Shiller Home Price Index, which showed that home prices fell 1.3% in November from October's level. And the Chicago PMI dropped to 60.2 in January from 62.2 in December. And Consumer Confidence fell to 61.1 in January from 64.8 in December.
Yesterday it was the ADP Employment Report, which showed 170,000 new jobs were created in the private sector in January.