(As of 7:45 am PST)
Good news out of Europe
compliments solid US economic data providing a lift for stocks at the outset of
today’s market activity. Cyprus has
averted a looming crisis taking pressure off of the Euro. Gold is down while oil is up, along with most
other commodities. Interest rates are
stable, but expect an upward trend as the markets continue to digest positive
data. Positive momentum continues to be
the stock market story. Little in the
way of economic reports will move markets this holiday shortened week.
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