Closing changes for the main US stock markets:

Closing changes for the main US stock markets:
  • S&P 500 unchanged at 3168
  • DJIA up 3 points to 28,135
  • Nsadaq +17 to 8734

On the week:

  • S&P 500 +0.7%
  • DJIA +0.4%
  • Nsadaq +0.9%

While stock markets were enthusiastic, the 7.5 bps fall in US 10-year notes to 1.82% virtually wiped out yesterday's rise. That's a bit of a warning sign for risk trades.