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Dow Jones closes below 10K for 1st time in 3-mth
The Dow Jones Industrial Average closed below 10,000 for the first time in three months. It ended down 104 points at 9908.
Commodity:
Reuters CRB commodities index was up 1.2%.
Crude oil rose 1% at USD 71.89/bbl.
Gold was up 1.3% at USD 1065.7/ounce, after seeing intraday high at USD 1074.3/ounce.
March silver rose 1.8% at USD 15.09/ounce, after hitting an intraday high at USD 15.32/ounce.
LME Copper was up 2.7% and ended higher for the first time in four sessions.
Currencies:
Dollar Index was down 0.1% on Monday. It was trading down 0.4% during the day.
Dollar fell 20 bps versus Euro at 1.366.
Yen was down 2 bps versus USD at 89.29.
Taiwan dollar was down 1.2% versus USD.
Data to watch
Germany Trade Balance
Dec UK Ind Production (MoM)
UK Manufacturing Production
Earnings from Coke, UBS, Pulte Homes and Disney; Mac World starts (through Sat)
