Dear Friends,
Tangents: Happy Friday!
Carolann is away from the office The Delivering Alpha Conference. I will be writing the newsletter on her behalf.
On November 14, 1889: Journalist Nellie Bly began her famous attempt to travel around the world in 80 days, inspired by Jules Verne’s novel. Read More.
On November 14, 1969: Apollo 12 launched from Cape Kennedy, sending astronauts Charles Conrad, Richard Gordon, and Alan Bean on the second crewed mission to land on the Moon. Read More.
On November 14, 1971: NASA’s Mariner 9 became the first spacecraft to orbit another planet (Mars), a major milestone in space exploration. Read More.
On November 14, 1972: The Dow Jones Industrial Average closed above 1,000 for the first time, ending the day at 1,003.16. Go to article
Claude Monet (French painter — founder of Impressionism), born 1840.
Boutros Boutros-Ghali (Egyptian diplomat & UN Secretary-General), born 1922.
King Charles III (British monarch), born 1948.
The armor-plated lizard is an ancestor of modern crocodiles and lived just before dinosaurs took over Earth.
New image of ‘other comet ATLAS’ reveals it’s breaking apart ahead of close approach to Earth
New images show that comet C/2025 K1 (ATLAS) has fragmented after passing its closest point to the sun, ahead of its close approach to Earth later this month. This is not the interstellar comet 3I/ATLAS.
2 million black ‘streaks’ on Mars finally have an explanation, solving 50-year mystery
A new analysis of data from NASA’s Mars Reconnaissance Orbiter reveals that the majority of the Red Planet’s dark "slope streaks" did not form as most researchers previously assumed.
Study reveals why the brain ‘zones out’ when you’re exhausted
Your sleep-deprived brain behaves as if you were about to nod off to sleep, even when you’re awake.
Scientists say a new kind of AI could bridge the gap between current systems and machines that learn and think more like us.
Chinese astronauts arrive home after suspected debris strike delays return to Earth
Three Chinese astronauts landed back on Earth on Friday more than a week later than their scheduled arrival, capping an extended stay in space after a suspected debris strike left their spaceship with a cracked window.
South Korea bans flights as 500,000 take crucial university admission test
Students wait for the start of the annual college entrance examinations at an exam hall in Seoul, South Korea, November 13, 2025. Kim Hong-Ji/Reuters
More than half a million people in South Korea sat for the country’s grueling university entrance exam on Thursday as police mobilized to ensure they made it to the test sites on time, and all flights were halted for half an hour.
Mexico’s female rodeo culture has been challenging gender norms for decades.
Mexico’s female rodeo culture has been challenging gender norms for decades.
What does a cowgirl look like? For some, the question may call forth images of flanneled shirts, Stetson hats and bootcut jeans. But in escaramuza, the all-female equestrian sport imported by the US from Mexico, the answer is a little different.
Isn’t it your choice to take them out?’: Why breast explant surgery is on the rise
When Katie Corio reached her thirties, her feelings around her breast implants changed. A bodybuilder, trainer and fitness model from San Diego, she had undergone breast augmentation at 24 — a surgery that seemed to be routine for her developing career, for which she was often in bikini tops or sports bras.
Why some people lose their hair when they’re on GLP-1s
Some people experience hair loss after taking a GLP-1 but it’s typically driven by stress on the body such as weight loss or inadequate nutrition.
PHOTOS OF THE DAY
Skyscapes, winner: The Ridge by Tom Rae
This is the largest panorama that Tom Rae, of New Zealand, has ever captured, with the full resolution image containing over a billion pixels from 62 images stitched together. The photograph captures the twin glacial rivers with the Milky Way core off to the left of the image, as well as the Southern Cross and other pointers high in the centre sky
Tokyo, Japan
People attend Tori no Ichi, a traditional Japanese festival held in November on the days of the rooster to wish for good fortune and business prosperity
Photograph: Keiichi Miyashita/AFLO/Shutterstock
Durham, UK
Elysium Garden, by the art company Jigantics, outside Durham Cathedral, one of the light works on display at the ninth and final edition of the Lumiere festival running from 13 to 15 November
Photograph: Christopher Thomond/The Guardian
Market Closes for November 14th, 2025
| Market Index |
Close | Change |
| Dow Jones |
47147.48 | -309.74 |
| -0.65% | ||
| S&P 500 | 6734.11 | -3.38 |
| -0.05% | ||
| NASDAQ | 22900.59 | +30.23 |
| +0.13% | ||
| TSX | 30326.46 | +72.82 |
| +0.24% |
International Markets
| Market Index |
Close | Change |
| NIKKEI | 50376.53 | -905.30 |
| -1.77% | ||
| HANG SENG |
26572.46 | -500.57 |
| -1.85% | ||
| SENSEX | 84562.78 | +84.11 |
| +0.10% | ||
| FTSE 100* | 9698.37 | -109.31 |
| -1.11% |
Bonds
| Bonds | % Yield | Previous % Yield |
| CND. 10 Year Bond |
3.228 | 3.184 |
| CND. 30 Year Bond |
3.658 | 3.622 |
| U.S. 10 Year Bond |
4.1483 | 4.1192 |
| U.S. 30 Year Bond |
4.7478 | 4.7123 |
| BOC Close | Today | Previous |
| Canadian $ | 0.7131 | 0.7124 |
| US $ |
1.4023 | 1.4036 |
| Euro Rate 1 Euro= |
Inverse | |
| Canadian $ | 1.6290 | 0.6138 |
| US $ |
1.1617 | 0.8607 |
Commodities
| Gold | Close | Previous |
| London Gold Fix |
4071.10 | 4136.75 |
| Oil | ||
| WTI Crude Future | 60.09 | 58.69 |
Market Commentary:
On this day in 1929, stocks bounced back temporarily from the Great Crash as a wave of good news hit the market. GM announced a special dividend, Standard Oil of Kansas reinstated its payout and the New York Federal Reserve Bank said that it was cutting interest rates. The Dow Jones Industrial Average soared more than 9%, one of its best days of all time.
Canada
By Bloomberg Automation
(Bloomberg) — The S&P/TSX Composite rose 0.2% at 30,326.46 in Toronto.
The move follows the previous session’s decrease of 1.9%.
Canadian Natural Resources Ltd. contributed the most to the index gain, increasing 3.1%.
Ces Energy Solutions Corp. had the largest increase, rising 16.4%.
Today, 105 of 213 shares rose, while 106 fell; 5 of 11 sectors were higher, led by energy stocks.
Insights
* This year, the index rose 23%, heading for the best year in at least 10 years
* So far this week, the index rose 1.4%, heading for the biggest advance since the week ended Oct. 3
* The index advanced 21% in the past 52 weeks. The MSCI AC Americas Index gained 14% in the same period
* The S&P/TSX Composite is 1.7% below its 52-week high on Nov. 12, 2025 and 36.4% above its low on April 7, 2025
* S&P/TSX Composite is trading at a price-to-earnings ratio of 21.5 on a trailing basis and 18.8 times estimated earnings of its members for the coming year
* The index’s dividend yield is 2.4% on a trailing 12-month basis
* S&P/TSX Composite’s members have a total market capitalization of C$4.81t
* 30-day price volatility fell to 15.70% compared with 16.00% in the previous session and the average of 12.90% over the past month
Index Points
Energy | 57.4834| 1.2| 34/4
Information Technology | 16.8964| 0.6| 3/6
Financials | 12.5108| 0.1| 9/15
Consumer Staples | 11.6923| 1.1| 8/3
Industrials | 2.0613| 0.1| 15/14
Real Estate | -1.2922| -0.3| 9/10
Consumer Discretionary | -2.1680| -0.2| 5/4
Health Care | -3.1698| -3.9| 1/3
Utilities | -4.0775| -0.4| 4/10
Communication Services | -6.0530| -0.9| 2/3
Materials | -11.0606| -0.2| 15/34
Canadian Natural | Resources | 20.4500| 3.1| 48.0| 6.0
Celestica | 19.5400| 5.9| -11.4| 227.9
Barrick Mining | 10.6200| 1.7| 69.6| 133.3
Restaurant Brands | -5.6150| -2.5| -3.4| 2.8
Wheaton Precious | Metals | -6.7290| -1.4| -18.8| 80.6
Shopify | -8.1920| -0.5| 19.6| 33.9
CES Energy | 16.4| 2.3890| 280.0| 11.8
Celestica | 5.9| 19.5400| -11.4| 227.9
Bombardier | 5.8| 7.1590| 11.8| 121.8
Superior Plus | -21.1| -2.6400| 1,018.1| -1.6
Curaleaf | -19.9| -2.4300| 307.0| 29.0
H&R REIT | -9.8| -1.9830| 783.0| 7.7
(MT Newswires)
The Toronto Stock Exchange made a modest recovery Friday after Thursday’s massive sell off as investors appeared to take a gauge on where markets and components of them might be headed to next, with many onlookers already awaiting what will be a busy week of economics in Canada, while Rosenberg Research was focused on the technical outlook for commodities.
The resources-heavy S&P/TSX Composite Index closed up 72.82 points, or 0.2%, to 30,326.46, having dropped 573.94 points yesterday from a day-prior record high.
Sectors were mixed, with Energy up 2.2% and Info Tech up 1.3%.
Among decliners, Health Care was down about 5.5% and the Battery Metals Index lost 4.3%.
Next week’s data begins with October CPI data.
CIBC Capital Markets Chief Economist Avery Shenfeld expects the report will "lack some fuel as gasoline prices abated", with a 0.2% monthly rise [and 2.1% year over year, both the same as consensus] leading to a tamer 0.1% rise on a seasonally adjusted
basis.
"The two core measures will remain elevated in year-on-year terms but might be less so on a three-month moving average," he said.
CIBC forecasts both CPI Core-Median and CPI-Core Trim up 3% year over year, compared to consensus of 3.1% and 3% respectively.
Elsewhere, RBC Economics said it too was close to consensus in seeing a 0.2% monthly rise for headline CPI in Monday’s report, consistent with a decline to 2.1% y/y from 2.4% in September.
RBC’s 0.3 percentage point drop in the annual rate is largely driven by lower gasoline prices, while it added food inflation should remain elevated around 3.8%.
RBC noted this is the lone CPI report between October and December Bank of Canada meetings but said the BoC’s "firm conditional pause and already elevated inflation decrease its importance for near-term rate moves".
RBC continues to see the BoC on hold through the end of next year.
It said recent monthly core measures have been neutral rather than soft at around 0.2% monthly for five straight months, with a similar outcome for October leaving three-month annualized rates close to 2.7% and annualized rates around 3%.
With commodities, gold traded lower late afternoon on Friday as traders turn cautious amid weakening stock markets and lower expectations for another interest rate cut from the Federal Reserve.
Gold for December delivery was last seen down $108.70 to US$4,085.80 per ounce.
But West Texas Intermediate (WTI) oil closed higher after a Ukrainian attack on Russia’s Black Sea port of Novorossiysk suspended 2.2-million barrels per day of exports.
WTI crude oil for December delivery closed up $1.40 to settle at US$60.09 per barrel, while January Brent oil was up US$1.39 to US$64.40.
Walter Murphy over at Rosenberg Research today published ‘Technical Analysis’ on commodities in which he noted the S&P GSCI Commodity Index remains in a trading range defined by 570-575 chart resistance and a virtually horizontal 2021-2025 support trendline that is currently just below 516.
"Not surprisingly," Murphy said, "the weekly Coppock Curve has been backing and filing in a narrowing range on either side of its neutral zero line since early 2024.
The indicator is currently in an uptrend but could enter a topping process as early as next week. This would imply that the trading range for both the index and Coppock Curve will continue in the weeks ahead."
Meanwhile, Murphy noted, the 14-commodity S&P GSCI Equal Weight Select Index is engaged in its own trading range.
"Since September, that range has been defined by 451 support and 496-504 resistance.
Looking back to late 2022, the index has been largely contained within a downtrend channel.
In recent weeks, the index has been attempting to break out above both the range and the channel.
However, neither the 14-week RSI nor the weekly Coppock Curve have been particularly supportive of a breakout.
This implies that any further strength in the weeks immediately ahead will be more of a last gasp rather than the beginning of a sustainable uptrend."
On WTI Crude Oil, Murphy noted that at 58.4%, Energy is the largest sector weight within the S&P GSCI Index.
Within Energy, WTI crude oil and Brent crude oil account for a combined 40.0% of that 58.4%.
In early October comment, Murphy had noted that, while WTI crude had been testing the lower edge of long-standing support, at US$71.25-$63.57 per barrel, it had not spent an entire week below that range.
He said that has changed; this week would be the sixth straight week entirely below $63.57.
However, he added, WTI crude has remained above key $54.40-$50.33 chart and Fibonacci support, though it did challenge April’s $56.06 year-to-date low three weeks ago.
Murphy said: "The ability to hold support in the coming weeks should be helped by the improving weekly Coppock Curve.
The indicator bottomed out four weeks ago, and it should move into a confirmed uptrend next week.
Although a subsequent bullish bias is expected to continue well into January, the oscillator is not expected to pierce its zero line over that time span.
This implies that an associated WTI new-year rally will be a countertrend move that will have a difficult time overcoming the $71.25-$63.57 per barrel range."
On gold, Murphy said action of the past few weeks in the precious metal has been "a bit of an eye opener", especially when viewed from the perspective of the daily chart of the SPDR Gold Shares ETF (GLD), which is backed by physical gold.
On October 27, he noted, it gapped down from $376.81 to $371.59 per share.
It then moved in a tight range between $370.84 and $360.12 until last Friday.
Then, this past Monday, GLD gapped up from $370.42 to $374.78.
According to Murphy, the resulting pattern is called an "island reversal," i.e., GLD’s 10-day trading range was bookended/isolated by the gaps.
He said an island reversal often signals a trend change; in GLD’s case (and gold’s), it is a change from a downtrend to an uptrend.
Murphy said an island reversal is not apparent on the daily chart of gold itself, but a similar trading range from October 27th to November 7th is.
He added gold’s Monday rally, decisively above $4,046 per ounce, is viewed as a breakout from the trading range and, therefore, the completion of a base.
This was further confirmed by Wednesday’s rally through a Fibonacci 61.8% retracement of October’s six-day decline; this paves the way for at least a test of October’s $4,381.58 high.
"That is the good news," Murphy said, before adding: "The not-so-good news is that any upside follow-through will likely only be a short-term event.
This is best evidenced by the fact that gold’s daily Coppock Curve has begun a new uptrend even as the weekly Coppock indicator is peaking and could well be in a confirmed downtrend by early December.
This suggests that the end of the next short-term peak will have bearish medium-term implications."
In last month’s comment, Rosenberg Research noted that the $3,500 per ounce breakout point should be the primary focus for support, but that there was potentially solid intervening support in the $3,700-$3,600 range.
As a result it noted, the report targeted the entire $3,700-$3,500 as first support.
It said that range remains highlighted on this month’s chart as second support.
Gold’s just-completed $4,046-$3,886 per pound trading range/base is new first support, it added.
Murphy said it is also important to note that gold has posted a series of higher monthly lows since last November.
A decline through last month’s $3,819.57 low would end that string and indicate that the uptrend from last November’s $2,536 per ounce low has been reversed, he added.
As for resistance, Murphy said, the Coppock configuration implies that last month’s $4.381.58 per ounce all-time high will not be decisively breached.
"Any challenge that does occur will likely prove to be a last gasp."
US
By Rita Nazareth
(Bloomberg) — A tech-led rebound in stocks faded as caution prevailed on Wall Street ahead of a deluge of economic data and concerns over the Federal Reserve’s ability to slash interest rates in December.
Bonds dropped.
The relief brought by the end of a historic shutdown gave way to volatility this week as various Fed speakers damped wagers on policy easing.
Hot areas favored by momentum traders such as artificial intelligence whipsawed.
Bitcoin was barely up for 2025.
While the S&P 500 nearly erased a 1.4% slide, most of its shares fell.
Nvidia Corp. rose ahead of its earnings.
The outlook for lower rates favoring Corporate America alongside booming AI prospects have powered a torrid surge since the April meltdown, making many traders look past high valuations to keep chasing the market higher.
Earnings for most big tech companies have been in line or above expectations, though the outlook has been murky when it comes to where borrowing costs are headed.
As Nvidia gets ready to report Wednesday, options traders are pricing in a 6.2% stock swing in either direction – its highest implied move in a year.
“Its earnings will be a huge test for the markets and the AI-trade and could either ease fears about AI valuations or inflame them considerably,” said Kyle Rodda at Capital.com.
Also, next week, big box retailers like Walmart Inc. and Target Corp. will report their results, offering a read on the state of consumer spending – the main engine of the American economy.
The S&P 500 closed little changed after briefly testing its 50-day moving average.
A gauge of megacaps halted a three-day rout.
The yield on 10-year Treasuries climbed three basis points to 4.15%.
The dollar wavered.
UK markets got hit as speculation about the budget heightened uncertainty over the nation’s finances.
Oil climbed as geopolitical risks mount from Russia to Iran.
“Stocks should bounce back here, but the dip buyers have been burned lately, so it might be a slow move back up to regain confidence,” said Bob Lang founder of Explosive Options.
We also saw some pretty clear rotation this week into health care primarily and consumer staples – looking like they have bottomed, according to Ken Mahoney at Mahoney Asset Management.
“Not really what you want to see if you are in the AI trade or adjacent stocks,” he said.
“This is a unique circumstance where it feels like a mini bear market in some stocks” even though the S&P 500 is not that far from its highs.
“What’s happened recently in the market isn’t even close to a tech wreck, but it may be a bit of a tech reckoning,” said Daniel Skelly, head of Morgan Stanley’s Wealth Management Market Research & Strategy Team.
The recent volatility hasn’t altered the longer-term bullish case for the AI leadership, he said.
But health care remains one of the market’s key overlooked stories.
Breadth deterioration in equities remains an ongoing concern, indicating a more tactical defensive stance and sector rotation, according to Craig Johnson at Piper Sandler.
Still, the S&P 500 managed to hold above its average price of the past 50 days. Failure to do so would invite a deeper pullback, Johnson noted.
“The general trend has been to buy the dip, which could provide a respite,” said Melissa Brown at SimCorp.
“Retail investors may be spooked temporarily, but are likely to come back in if they believe the long-term story driving many of the names that have been gutted remains intact.”
Brown notes that a real rebound, though, may have to wait until government data starts flowing again and investors get a better read on the state of the economy and inflation.
“But it will only be a recovery if the economy continues to grow and inflation does not,” she said.
As labor-market and inflation reports return, fundamentals should help distinguish a true trend from emotion-driven selling, making the recent pullback feel more like a reset than a turning point, according to Mark Hackett at Nationwide.
A slew of Fed officials have expressed skepticism over the need for a cut in December – or outright opposed one.
It remains unclear whether they can persuade enough voting members of the Federal Open Market Committee, given that a number of them are worried about job weakness.
Their remarks came less than a month after Chair Jerom Powell warned that a December cut is far from a “foregone conclusion.”
Markets have taken note of the volume of comments from the Fed’s so-called inflation hawks.
Investors have marked down the odds of a rate cut in December to less than 50%.
Before the Fed’s October meeting, they were almost fully pricing in a reduction.
“The tough but business-as-usual wrestling match over a December rate cut risks morphing into a crisis of governance at the Fed, with implications that extend well beyond whether it does or does not cut then,” said Krishna Guha at Evercore.
“Absent miraculous clarification from limited data, Powell is in a rough spot. We urge cool heads and compromise.”
Guha says that he still leans toward a “hawkish cut,” but the odds have diminished.
“Our expectation for a soft October employment report and under-control October core CPI inflation should settle the internal debate at the FOMC in favor of an additional 25 basis- point rate cut,” said Gennadiy Goldberg at TD Securities.
“With that said, the decision is likely to be contentious, with a high possibility of additional hawkish dissents.”
Despite the cautious rhetoric from Fed officials this week, Ulrike Hoffmann-Burchardi at UBS Global Wealth Management says any decision will ultimately be data-dependent.
She noted that even if the official October jobs report does not include the unemployment rate, the payrolls figure should still provide a good indication of the health of the labor market.
Some private data alongside sentiment surveys should also allow the Fed to continue its rate-cutting cycle if inflation remains under control, she added.
As traders geared up for a deluge of economic data that will shape the Fed outlook, this week’s bout of risk aversion deepened the selloff in Bitcoin from a record high reached in early October.
The largest digital-asset sank below $95,000.
The crypto market remains under strain after $19 billion in liquidations on Oct. 10 in turn erased over $1 trillion from the total market value of all cryptocurrencies, CoinGecko data shows.
Corporate Highlights:
* Alphabet Inc.’s Google plans to invest $40 billion in three new Texas data centers, ramping upits footprint as competitors such as OpenAI and Anthropic PBC map out their own multibillion- dollar bets in the state.
** Google has offered to tweak its ad tech products to settle a European Union order after a near-€3 billion ($3.4 billion) antitrust penalty, stopping short of a partial breakup watchdogs favor.
* The cost of protecting Oracle Corp.’s debt against default is surging by the most since 2021, as jittery investors and lenders rush to hedge against the billions of dollars the software giant is pouring into artificial intelligence.
* Applied Materials Inc. suffered a sales decline last quarter and predicted another drop in the current period, though the chip-equipment maker sees demand improving in the second half of 2026.
* Walmart Inc. Chief Executive Officer Doug McMillon, who over a decade ushered the big-box behemoth into the Internet age, will retire in February. He’ll be replaced by US head John Furner — long viewed as the heir apparent.
* Warner Bros. Discovery Inc. amended the contract of Chief Executive Officer David Zaslav to ensure his stock options remain eligible to vest even if the media company is sold.
* Merck & Co. agreed to acquire Cidara Therapeutics Inc., a biotech company developing a flu treatment, as part of its ongoing efforts to make up for the upcoming patent loss of its blockbuster cancer drug Keytruda.
* Bristol Myers Squibb Co. fell after one of its most important experimental medicines appeared unlikely to benefit patients who had suffered a heart complication, another setback for the drugmaker’s product pipeline.
* Boeing Co. stands to win most of a major order from Flydubai for single-aisle aircraft, though Airbus SE still has a long- shot chance to pry some business from an airline that’s never ordered from the European planemaker.
* Emirates is planning to use SpaceX’s Starlink to upgrade the onboard Wi-Fi in its fleet, according to people familiar with the matter, even though the service isn’t currently approved by the government.
* BlackRock Inc. has agreed to pay up to €2 billion ($2.33 billion) to form a data center venture with Spanish engineering firm ACS SA.
* American Tower Corp. and European buyout firm EQT AB are among parties weighing bids for French tower company TDF Infrastructure, people with knowledge of the matter said.
* A group of First Brands Group creditors is demanding new, independent advisers for company units that issued nearly $2.5 billion in off-balance-sheet debt, claiming conflicts of interest threaten to disrupt the sprawling insolvency case of auto-parts maker.
* JBS NV, the world’s largest meat supplier, reported a quarterly operating loss at its US beef business as a shortage of cattle continues to hit margins at the unit.
* BHP Group Ltd. is liable to compensate hundreds of thousands of victims of a devastating dam collapse in Brazil, a London judge ruled, moving closer to a potential multi-billion dollar payout a decade after the disaster.
* Nu Holdings Ltd. said artificial intelligence features it started to deploy in Brazil helped the fintech increase credit- card limits for some clients, boosting third-quarter revenue and profit.
* Sigma Lithium Corp. stocks rose as investors focused on the company’s forecast to resume mining operations by the end of the month, despite another quarter of cash burn, lower sales and production volumes.
* Allianz SE, the German insurer that owns bond manager Pacific Investment Management Co., raised its outlook for full-year profit after third-quarter earnings rose, driven by its property-casualty insurance and asset management businesses.
* Siemens Energy AG substantially raised its mid-term financial targets on strong demand for gas turbines and data center equipment as well as restructuring progress at its Gamesa wind turbine unit.
* Richemont sales climbed as shoppers from the US to China snapped up the luxury group’s pricey Cartier and Van Cleef & Arpels jewelry.
* Jaguar Land Rover Automotive Plc swung to a £559 million ($735 million) quarterly loss and slashed its guidance after a cyberattack temporarily halted production at the UK’s largest automaker.
Some of the main moves in markets:
Stocks
* The S&P 500 was little changed as of 4 p.m. New York time
* The Nasdaq 100 was little changed
* The Dow Jones Industrial Average fell 0.7%
* The MSCI World Index fell 0.3%
* Bloomberg Magnificent 7 Total Return Index rose 0.2%
* The Russell 2000 Index rose 0.2%
Currencies
* The Bloomberg Dollar Spot Index was little changed
* The euro fell 0.1% to $1.1621
* The British pound fell 0.2% to $1.3169
* The Japanese yen was little changed at 154.53 per dollar
Cryptocurrencies
* Bitcoin fell 4.1% to $94,701.4
* Ether fell 1% to $3,147.81
Bonds
* The yield on 10-year Treasuries advanced three basis points to 4.15%
* Germany’s 10-year yield advanced three basis points to 2.72%
* Britain’s 10-year yield advanced 14 basis points to 4.57%
* The yield on 2-year Treasuries advanced two basis points to 3.61%
* The yield on 30-year Treasuries advanced four basis points to 4.75%
Commodities
* West Texas Intermediate crude rose 2.1% to $59.90 a barrel
* Spot gold fell 2.2% to $4,080.36 an ounce
Have a lovely evening.
Be magnificent!
As ever,
Shima
"An investment in knowledge pays the best interest." — Benjamin Franklin
Shima Zangeneh
Assistant to Carolann Steinhoff
Queensbury Securities Inc.
340A – 730 View Street
Victoria BC V8W 3Y7
Tel: 778-430-5851
Fax: 778-430-5828