market wrap 11.06.20

The Dow closed at 28,323.40 – down 66.78

The S&P 500 closed at 3,509.44 – down 1.01

The Nasdaq closed at 11,895.23 – up 4.30

The Russell 2000 closed at 1,644.16 – down 15.69

combining soybeans

The dollar continues to decline.

Brazilian soybean planting areas in good condition.

132,000 metric tonnes of US soybeans were exported to China.

272,000 metric tonnes of US soybeans were exported to unknown destinations.

The S&P 500 had its best week since early April.

The US Dollar is at 2 and a half year lows against the basket of major currencies.

Jobs report was good. 638,000 jobs added in October. Cautious economists aren’t excited.

Unemployment rate at 6.9%.

Published by mikebertelsen

Global market, trade, and financial news. I keep up to date with what I assess is important.

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