Morning Market Stir: More New Highs

Wednesday, August 27 – Alan Knuckman reports from the floor of the CME Group in Chicago where markets continued making new highs on Tuesday.
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Wednesday, August 27 – Alan Knuckman reports from the floor of the CME Group in Chicago where markets continued making new highs on Tuesday. The S&P hit a high of 2,002.75 before closing at 1,998. 5, the Dow made new highs and finished at 17,097, and the Nasdaq closed at 4,072. The dollar surged to 82.78, pushing the Euro down to 1.3171. Bonds barely moved, closing at 140’17, while crude was up to 93.86, and gold saw a bit of recovery up to 1,285. Equities are hanging around unchanged this morning, while the dollar has reversed lower, allowing the Euro some reprieve. Bonds are strong, while crude hovers above 94, and gold is moving sideways around 1,285.