- STOCKS: S&P 500 hits new high, Nasdaq outperforms. Europe, Asia, emerging markets more mixed.
- SHARES/SECTORS: Nvidia slips 0.8%, but recovers from after-market lows overnight. Tech and communications lead U.S markets higher though, small caps lag.
- FX: Dollar falls against nearly every currency in the world, dollar index -0.4%. China’s offshore yuan hits 2025 high.
- BONDS: Long-dated yields in Japan, France, and UK ease back from this week’s multi-year peaks. U.S. curve bull flattens, $44 billion auction of 7-year notes goes pretty well.
- COMMODITIES: Copper has biggest rise in two weeks, up 1.5% to a 2-week high. Nvidia, U.S. GDP help lift prices.
|
|
|