U.S. Equities Swing With Dollar as Bonds Pull Back: Markets Wrap
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Investors cautious before Trump addresses media on Wednesday
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Asian index futures tip gains after China data boosts metals
U.S. stocks fluctuated with the dollar, while Treasuries retreated as post-U.S. election asset moves stalled a day before Donald Trump is slated to hold a press conference that could provide detail on his policy preferences.
The S&P 500 Index closed little changed, while the Dow Jones Industrial Average fell from session highs as investors prepared for the fourth-quarter earnings reporting season. The Russell 2000 Index of small caps advanced, halting a three-day slide. Treasuries edged lower, while the Bloomberg Dollar Spot Index nudged higher after swinging around throughout the day. Gold jumped to a six-week high as copper surged with iron ore after Chinese producer prices climbed. Oil slipped below $51 a barrel in New York…
U.S. Equities Swing With Dollar as Bonds Pull Back: Markets Wrap
