Dow Extends Win Streak to Seven Days
The Dow rose for the seventh straight session. The
blue-chip index was led by Intel
(
INTC |
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PowerRating) and
McDonalds
(
MCD |
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PowerRating) with gains of 2.7% and 1.6%.
May Crude futures dropped $2.62
per barrel to $61.66. Gold futures
for June delivery closed lower by $2.40 to $677.00 per ounce.
Around Europe, the U.K’s FTSE 100 led with gains
of 0.5% to close at 6,397.30, Germany’s DAX added 0.4% to
7,099.91, and France’s CAC 40 Index rose 0.04% to 5,741.38.
Our
Daily Market Bias page has been updated with new indicators to
determine if there is a strong bias for the market to move higher
(or lower) the following day. These tables can help you to
pinpoint market conditions that have historically led to
significant up or down moves over the next 1 to 5 days.Â
Click here for more information on our Daily Market Bias
indicators.
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Darren Wong
Associate Editor
darrenw@tradingmarkets.com