Overnight, the dollar weakened against some of the major currencies, as reports said many investors were feeling the need to take a few more risks and escape the relative safety of the greenback.
Still, the dollar was making a turn this morning following a mix of economic data. Earlier today, news broke that U.S. home prices may have fallen at a slower rate than projected. Adding to that was surprising news that consumer confidence fell in June, sending many shares tumbling in the early going.
The British pound rose to an eight-month high against the dollar earlier today, only to fall back later. A report from the Office of National Statistics showed that the U.K. economy slipped 2.4% in the first quarter, which was more than the previous GDP forecast of 2.2%. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,328.89 | 1,102.47 | 2,211.69 | 35.46 |
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