yields.
All sectors were in the negative territory, with banks incurring most losses, down by 1.77 percent. while industrial dropping by 1.71 percent. Decliners edged advancers, 139 to 53. “The economic reports are such that people are losing faith in the idea that we’re going to get aggressive rate cuts,” said Steve Sosnick of Interactive Brokers.
“Betting odds now show a 60-38 advantage for Donald Trump and markets are clearly agreeing with this with yields and the dollar pushing higher as traders expect a rise in public spending and inflation if he is elected,” said Sabin Hathorn.
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