Morning shoppers SPI -10 XJO yesterday [ATTACH] American stocks...

Morning shoppers

SPI -10
XJO yesterday



American stocks traded mixed on Monday, after the Dow Jones industrial average hit a new all-time high, as investors evaluated the prospects of economic growth following Donald Trump's presidential election win.
"At this point, investors are trying to price in what's going to happen," said Bruce McCain, chief investment strategist at Key Private Bank. "I think there is a possibility for change, ... but how much he can actually do remains to be seen."
The Dow chopped around the flatline, trying to complete a six-day winning streak, with Goldman Sachs contributing the most gains andVisa the most losses.
The S&P 500 fell 0.05 percent, with a 1.5 percent fall in information technology offsetting a 2 percent gain in real estate. The Nasdaq composite lagged, slipping 0.4 percent as Apple and the so-called FANG stocks (Facebook, Amazon, Netflix and Google's parent firm Alphabet) all fell. 1

The three major indexes traded higher earlier in the session, trying to build on strong gains made last week.

Last week was a record-setting one for the Dow, as it hit new all-time highs and posted its best weekly performance since 2011. The S&P and Nasdaq, meanwhile, posted their highest weekly gains since 2013 and February, respectively.
The rally in stocks has come simultaneously with a sharp sell-off in U.S. Treasurys, sending yields soaring. As of 2:51 p.m. ET, the two-year note yield traded at 0.972 percent, while the benchmark 10-year yield gained around 10 basis points to 2.219 percent. The benchmark yield also hit its highest level since Dec. 31, 2015 earlier in the session. 1

In oil markets U.S. crude prices fell to settle at $43.32 per barrel, down 9 cents, as oversupply concerns loomed over the market.

Copper + .28%
Nickel + .9%
Zinc + 5.47%
Aluminium - .33%

Gold prices ended the U.S. day session modestly lower and hit a 5.5-month low Monday. Follow-through selling pressure was featured after the strong losses late last week that produced serious near-term technical damage. Gold prices are now down over $115.00 from last week’s spike high of $1,338.30, basis December Comex futures.

HUI + 1.3%
AUD Gold $1616

AUD .7549

Have a good day

1 CNBC