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DAILY MARKET OVERVIEW
Today's Top Market Headlines – Oct 11, 2017
Fed comes as dovish, dollar retreats and stocks hit records

Spain’s equity rose as Rajoy initiated action against Catalonia

 

Here’s the more important among stocks:

S&P 500 Index increased 0.1% to the record 2,555.24 at 4:16 PM New York time, the second all-time high in a row.

Dow Jones struck another all-time high of 22,872.89.

Nasdaq Composite added 0.3%.

Stoxx Europe 600 barely changed.

MSCI All-Country gained 0.1%.

IBEX Index rebounded 1.3%.

MSCI Emerging Markets added 0.5%.

 

The euro and other competitor currencies used the dollar’s weakness today:

The dollar dropped 0.3%.

The euro jumped 0.5% to $1.1867.

The Turkish lira advanced 1.6%.

 

One asset class that had a blast today were commodities:

WTI crude added 39 cents to $51.31 a barrel.

Gold futures increased 0.4% to $1,293.07 an ounce.

Copper advanced in 1.2% to $3.10 a pound.