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Risk-On Trading Attitudes Wednesday After Upbeat Trump Speech To U.S. Congress

Wednesday, March 1, 2017 7:25
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(Before It's News)

(Kitco News) -Tuesday evening’s speech by U.S. President Donald Trump to the U.S. Congress was deemed to be optimistic and much more “presidential” than some of his campaign or press conference rhetoric, and that has worked to somewhat assuage the world marketplace and add to a “risk-on” mentality in markets Wednesday. World stock markets were mostly higher Wednesday. U.S. stock indexes are pointed toward higher openings when the New York day session begins. U.S. stock indexes are at or near record highs.

Gold prices are lower in part due to the risk-on trading day Wednesday, but also on some profit taking from recent good gains.

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The post Risk-On Trading Attitudes Wednesday After Upbeat Trump Speech To U.S. Congress appeared first on Money Morning – We Make Investing Profitable.

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