Equities remain in minor chop mode, with the sp +4pts @ 2109. Regardless of the exact close, a net weekly gain for all indexes looks due. USD is holding moderate gains, +0.6% in the DXY 95.20s. Metals are naturally somewhat weak, Gold -$6, with Silver -0.3%. Oil is similarly under pressure, -0.9%
sp'60min
sp'weekly
Summary
Little to add
An increasingly quiet day.. as the market is in consolidation mode.
Market looks set to hold/build gains into the coming weekend.
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notable weakness: coal miners, BTU -7.9%.. in the $2s.... dire sector.. see 'fair value' post.
