It looks like it’s going to be another one of these days. Following Intel’s (INTC) announcement, in which they ripped the cover off the ball, everything that’s not a green-coloured US bill is surging.
Gold rose to $1070! The S&P 500 futures are up over 1%, and oil gained 1.3%. And, meanwhile, the Dollar Index hit lots not seen since last August.
There was other good news besides Intel. Chinese exports fell just 15%, which was less than analysts had expected and the smallest drop in 11 months. And in the UK, the rise in jobless claims was the smallest in a year, again, less than analysts had anticipated.