Oct 6, 2014
U.S. equities opened the session stronger
...continuing its gains from Friday after better jobs data helped confirm a stronger economy, but failed to hold. Stocks didn’t end so badly, kinda flattish on the day, but off their best levels, while bonds were stronger.
No major data in the U.S. today (Germany weak data…again), with a fairly weak calendar overall for the week. Metals & mining shares active, as well as biotech (downside), commodities bounce on softer dollar. Volumes were light, though emerging markets were active on Brazil election news, while U.S. Ebola scare news remains in the spotlight (oil/gold end higher) – Tech and Small Caps underperformed.
HammerstoneReport Closing Recap -10/6/14