SamTrader1
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By, http://www.BinaryOptionStrategy.com
Equities
Asian markets ended mixed. The Nikkei rose .5%, as did the Kospi, while the Hang Seng fell 1.5% after returning from a holiday break. Chinese markets remained closed for the Lunar New Year.
European indices rallied, led higher by miners, which are benefiting from record high metal prices. The FTSE and Dax both rose .9% and the CAC40 gained 1.1%.
In the US, markets once again closed at multi-year highs. The Dow rose 69 points to 12162, and the Nasdaq closed .5% higher. Financial shares led the gains, along with industrials.
Dow Rises to Highest Levels Since Summer of 2008
Treasuries and Commodities
Bonds ended mixed, as shorter term debt eased as the 5 and 10-year notes both closed down 3/32, while the 30-year note rose 11/32 to yield 4.71%.
Energy commodities ended mostly lower. Crude oil slipped 2% to 87.29, and natural gas sank 4.3%.
Gold rose 1.90 to 1347.60, while silver jumped 1% to 29.35, continuing to outperform its golden counterpart. Copper dipped .5% to 4.55 after hitting another record high.
Currencies
After some afternoon volatility, currencies closed close to their opening levels. The euro closed at 1.3587, fractionally higher, while the dollar rose slightly against the yen, and Swiss Franc. The biggest move was in the Canadian Dollar, which slipped .35%.
Economic Outlook
Consumer Credit showed a surprisingly impressive jump, rising to $6.1 billion, as opposed to analyst expectations of $2.3 billion.
Tuesday’s economic calendar includes an auction for 3-year notes, and the NFIB Small Business Index.
Earnings are due from Disney, Toyota, UBS, and Take Two.
Equities
Asian markets ended mixed. The Nikkei rose .5%, as did the Kospi, while the Hang Seng fell 1.5% after returning from a holiday break. Chinese markets remained closed for the Lunar New Year.
European indices rallied, led higher by miners, which are benefiting from record high metal prices. The FTSE and Dax both rose .9% and the CAC40 gained 1.1%.
In the US, markets once again closed at multi-year highs. The Dow rose 69 points to 12162, and the Nasdaq closed .5% higher. Financial shares led the gains, along with industrials.
![feb-8-dow-300x135.png](/proxy.php?image=http%3A%2F%2Fwww.binaryoptionstrategy.com%2Fwp-content%2Fuploads%2F2011%2F02%2Ffeb-8-dow-300x135.png&hash=1d38946691f1257752a1ad1876feb6d5)
Dow Rises to Highest Levels Since Summer of 2008
Treasuries and Commodities
Bonds ended mixed, as shorter term debt eased as the 5 and 10-year notes both closed down 3/32, while the 30-year note rose 11/32 to yield 4.71%.
Energy commodities ended mostly lower. Crude oil slipped 2% to 87.29, and natural gas sank 4.3%.
Gold rose 1.90 to 1347.60, while silver jumped 1% to 29.35, continuing to outperform its golden counterpart. Copper dipped .5% to 4.55 after hitting another record high.
Currencies
After some afternoon volatility, currencies closed close to their opening levels. The euro closed at 1.3587, fractionally higher, while the dollar rose slightly against the yen, and Swiss Franc. The biggest move was in the Canadian Dollar, which slipped .35%.
Economic Outlook
Consumer Credit showed a surprisingly impressive jump, rising to $6.1 billion, as opposed to analyst expectations of $2.3 billion.
Tuesday’s economic calendar includes an auction for 3-year notes, and the NFIB Small Business Index.
Earnings are due from Disney, Toyota, UBS, and Take Two.