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As the US stock trading gets started, the Dow is lower as Amex (-4.25%)and P&G (-1.75%) weigh on that index after earnings disappointed. The Nasdaq is moving higher led by Netflix after their earnings (+9.5%).
A snapshot of the market is showing:
In the US debt market, yields are lower after gains this week:.
The expectations for a 25 basis point cut are still 90%.
This article was written by Greg Michalowski at www.forexlive.com.
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