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Morning Market Stir: Up, Up, and Away! Markets Continue Flying

Equities blasting higher this morning on news of monetary easing out of Japan

Friday, October 31 – Alan Knuckman reports from the floor of the CME Group in Chicago where equities were up Thursday, with the S&P closing at 1,988.5, the Dow at 17,114, and the Nasdaq hitting 4,089. The dollar continued to display strength, finishing at 86.23, pushing the Euro to 1.2616. Bonds were up slightly to 141'18, with crude falling again to 81.15, and gold lost the 1,200 level, falling to 1,199. This morning, equities are blasting to new highs on the announcement of monetary easing out of Japan, with the dollar up strongly as well and the Euro heading toward new lows. Bonds are cooling off, as crude and gold are also getting hit hard.

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