The Daily Tipple

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Daily Tipple
[Tuesday, September 10, 2019]

Tue, Sep 10th, 2019

Markets were in the red throughout the day only to close just mixed as investors wrestle with global economic slowing, Euro interest rates and uncertain U.S.-China trade talks. A late session surge pushed shares to the day’s best levels. The S&P 500 gained fractionally, up +0.96 to 2,979.39. The Dow was up for a 5th consecutive session, +73.92 to 26,909.43. The Nasdaq Composite fell -3.28 to 8,084.16. The Russell 2000 outperformed, gaining +18.76 to 1,542.99. Energy and Industrials led the major sectors. Real Estate was off the most. Crude prices saw a half percent gain with WTI futures closing at 57.71. Gold settled at 1500 per ounce. Treasury yields were up across the curve. The 10-Year Bond gained 8 bps, nearly 5% to yield 1.7020% The VIX Index slipped from early highs to close just negative at 15.20.

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