(As of 7:05 am PST)
Markets are taking a pause this morning after a week
which saw US stock indices soar to record highs. An extremely light economic data calendar
this week may give investors reason to evaluate positions and realign
portfolios after the market’s recent run up.
News is very light today. Asian
markets are taking their cue from Friday’s US jobs data, and are up. The Japanese markets were closed for
holiday. European trade is light with
the Stoxx 600 flatlined and London markets closed for holiday. The Nasdaq and S&P are slightly up while
the Dow is trading lower. Apple shares
are up 2%, helping to carry the Nasdaq.
Gold is higher by 0.5% and oil is down 0.5% while interest rates are
flat. It appears it’s going to be a
quiet day on the market as investors catch their breath after last week’s
surge.
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