U.S. stocks are higher after starting the day weaker on poor pre-market U.S. economic data and more Chinese moves to combat inflation.
China’s central bank raised reserve requirements for the fourth time two months.
Gold is below $1260.
This moved caused commodities to spiral and crude oil futures are down too.
- DOW up 0.14%
- NASDAQ up 0.24%
- S&P 500 0.28%
- CAC up 0.21%
- FTSE down 0.59%
- DAX up 0.01%
Thw mot notable thing is that once again markets are totally ignoring bad news.
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