US stocks close at records
Mihir Kapadia – CEO and Founder of Sun Global Investments
US stocks closed at records for a second straight day on Wednesday, with the Dow Jones Industrial Average seeing its 37th record-high of the year as the rally continued, boosted by shares of energy companies. Meanwhile, Apple declined and led some tech stocks lower. The S&P 500 and Nasdaq both closed, by edging up 0.1 per cent, helped by a rally late in the session.
Developed bond markets fell a little more and 10-year US Treasury Yields rose 2 bps to 2.18 per cent