JCB find the YieldReport to be an invaluable summary of all debt market activity. Whilst we are focussed on the highest grade bonds it is important to see what is..Angus Coote, Executive Director, JCB Active Bond Fund
U.S. stocks closed with mixed results. The Dow Jones Industrial Average (DJIA) rose 0.3% to 42,313.00, while the S&P 500 edged down 0.1% to 5,738.17, and the Nasdaq dropped 0.4% to 18,119.59.
Among the top performers in the S&P 500, Wynn Resorts Ltd soared 7.24%, Walgreens Boots Alliance Inc climbed 6.34%, and APA Corp gained 5.94%.
On the downside, Dell Technologies Inc fell 4.90%, Globe Life Inc slipped 4.72%, and Universal Health Services Inc declined 4.11%.
LOCAL MARKET
Australian Shares are poised for a higher open, with ASX futures up 0.26% (22 points) after U.S. markets closed mixed amid cooling inflation and Chinese economic stimulus. The DJIA gained 0.3%, while the Nasdaq dropped 0.4% and the S&P 500 edged down 0.1%. For the week, all three indexes were up nearly 1%.
In commodity markets, Brent crude rose 0.5% to US$71.98 a barrel, while gold slipped 0.5% to US$2,658.24. The Australian dollar traded at 69.01 US cents.