Joined Nov 11, 2007
31,929 Blog Posts

Chinese Burrito Data Helps U.S. Markets to Pop to All Time Highs

U.S. equities liked the fact that lower than expected inflation in China came in overnight. The expectations are that China has more room to ease and that sent commodities on a tear along with most sectors across the board.

The markets did pare half their gains by the closing bell.

DOW up 59


S&P up 5.5

Gold up $12

WTI up $0.67



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