Markets are on a roll, extending last weeks gains at the opening this morning. Positive news from Europe is a big driver with European markets up nearly 1%. There is not much economic data to report. Thoughts that the Federal Reserve Bank and other central banks around the globe will continue easy money policies seems to be driving the positive momentum. Gold and oil are slightly negative, but near unchanged. Interest rates have come down again with the 10 year yield on Treasuries reaching a near record low. The last week of August is usually very quiet with many traders on vacation.
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