Mild losses come to the stock market this morning after a week of impressive gains. Volume continues to be low in the holiday shortened week. The narrow losses are in contrast to most international markets which were down over 1%. Yields of the 10 year US note continue to decline with foreign investors seeking the safety of the US dollar. Oil is up slightly, but has traded both ways already this morning. Gold has recovered most of yesterday's sharp decline. One of the very few data points released today was consumer confidence, which was up. There is not much to drive the market significantly before year end.
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