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IndexClose% Change
Dow Transports10453.01-0.49
Dow Utilities862.60.34
S&P 5002991.69-0.5
Nasdaq 1007823.55-0.99
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VIX Index15.167.9
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Japanese 10 Year-0.22-23.6
Shanghai SE3006.450.24
Long Bond 20-year161.50.62

China Cancels Soybean Roadtrip


The market was just slightly higher through midday, with not much taking place. But in the afternoon, news that a Chinese farm delegation cancelled its trip sent the market lower, and with two hours to go, when I had to leave, the Nasdaq was the downside leader, losing 1%.

Doesn't Amount to a Hill of Beans Away from stocks, green paper was a little stronger, fixed income was about slightly higher, and the metals were green, led by a 0.75% gain for gold. The miners were nowhere, although parsing the action of the miners versus the metals on a daily basis is not all that informative.