Monday Morning Musings: Healthy Digestion Ahead?
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The markets are mixed so far this morning, with the Nasdaq leading the broader market by a tad. Corporate newsflow has been relatively light, and there are no major economic reports to speak of.
Greek worries continue to ease after Frech Pres. Sarkozy said that the EU would support Greece if required to do so, but Greece responded by saying that it will not need foreign help.
The dollar is slightly weak today, but commodities are mixed. Oil is trading higher, above $82, while gold is lower near $1125.
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