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The Day Ahead: Bonds Attempt to Hold Gains As Markets Close Early for Memorial Day Weekend

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Though a rally was staged, the markets could not break the prior highs, and the downtrend continued. Still, stocks rebounded a bit to move back into the black in the final portion of trading. All told, the Dow finished the day up 43 points, the S& P 500 was higher by six points, and the nasdaq gained 20 points.

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That’s it for the Trading Day blog for Monday. record The ASX finished Monday’s session just shy of an all-time high as.

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In the day just past, both stocks and bonds too part in a big risk-off trading pattern (stock prices and bond yields moving lower). Inspiration came from general trade war fallout, concerns over.

In any event, stocks closed out the Friday session with its strong recent gains intact, even as oil eased somewhat in late trading. All told, the market managed to end matters on a positive note, with the Dow concluding the day with a gain of 45 points. The S&P 500 Index was better by nine points and the NASDAQ jumped 32 points.

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