Morning Thanks to Matluc for the AM lounge SPI +21 @ 5484 XJO...

Morning
Thanks to Matluc for the AM lounge

SPI +21 @ 5484
XJO yesterday



Stocks closed higher on Monday, led by energy, following the second presidential debate while investors digested a rise in oil prices.

The Dow Jones industrial average rose about 88 points, with Apple and Boeing contributing the most gains, after gaining 159.47 points at session highs.

"You have more clarity from the U.S. election, with the uncertainty from that heading lower; you've got less uncertainty from OPEC, and that's bullish for stocks," said Adam Sarhan, CEO of Sarhan Capital.
The S&P 500 gained about 0.5 percent, with energy rising about 1.5 percent.

"A breakout appears likely from a short-term momentum standpoint, and we highlight shifts on the macro front that are indicative of risk-on positioning," said Katie Stockton, chief technical strategist at BTIG. "Consecutive daily closes above the 50-day moving average near 2158 would mark a breakout and set the stage for new all-time highs, with only minor resistance at the August high near 2194."

The Nasdaq composite advanced approximately 0.7 percent, with Apple gaining more than 1 percent. The Nasdaq 100, meanwhile, hit a new all-time intraday high of 4,904.72. 1

Oil prices jumped as much as 3 percent on Monday, with Brent hitting a one-year high, after Russia said it was ready to join OPEC in curbing crude output and Algeria called for similar commitments from other non-OPEC producers.
Sentiment was also boosted by a rally in Wall Street shares and news that work was underway for the launch of the first sovereign bond issue of No. 1 crude exporter Saudi Arabia before the eventual listing of the kingdom's state-oil company Aramco.
Brent crude hit its highest level since Oct. 9, 2015, reaching $53.73 a barrel, before paring gains to settle $1.21, or 2.3 percent higher at $53.14 a barrel.
U.S. West Texas Intermediate crude rose to its highest since June 9 at $51.60, before easing to end the session at $51.35, up $1.54, or 3.1 percent.

Copper + 1.55%
Nickel + 3.7%
Zinc flat
Aluminium + 1.25%

Gold and silver futures prices ended the U.S. day session moderately higher Monday, on short covering in the futures market and bargain hunting in the cash, following last week’s drubbing that drove both markets to multi-month lows.
Gold $1359
HUI + .5%
AUD Gold $1656

AUD .7605

On today


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1 CNBC