(As of 7:18 am PST)
The jobs report from Friday
pushed market indexes up robustly in Friday’s quiet trading, and the momentum
has carried over with enthusiastic investors continuing the strong buying this
morning. The US economy is definitely
on the upswing. Interest rates are
rising in conjunction with the positive momentum, with traders moving more
money from the bond market to the stock market.
Gold is enjoying a strong day, while oil is pulling back after running
up to over $100 per barrel. It looks
like another solid day of market gains.
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