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Morning Market Stir: Equity Markets Finish Another Week in the Green

Equities closed the week strong as the dollar reversed late

Monday, November 10 – Alan Knuckman reports from the floor of the CME Group in Chicago where equities finished the day unchanged on Friday after an overall positive week. The S&P ended the week at 2,026, the Dow closed at 17,501, and the Nasdaq closed at 4,151. The dollar reversed lower after making new highs, ending the week at 87.73. The Euro stabilized after making new lows, and finished at 1.2444. The bond market rallied to 141'21 on Friday. Crude ended at 78.65 as it formed a base over the course of the week, and gold had a big move on Friday, reversing from now lows at 1,130 to finish the day up big at 1,170. This morning, equities are up slightly, as the dollar continues to go lower and the Euro attempts to pick up momentum to the upside. Bonds are up, with crude attempting to break through the $80 level, and gold is pulling back slightly.

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