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Divided they stand

NAB Morning Call

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Introduction

Mixed day for US equities with a 0.4% falling the direct close and a half percent rise in the NASDAQ. S&P hanging on just to stay in the green, just 0.2% off it. Russell 2000 up 1.2% this morning. Consumer staples losing out the most. Eurostocks 50 closing down a quarter percent, but FTSE 100 up 0.2%. Bond yields are climbing higher. UK guilds up seven basis points this morning. Aussie 10 years with flat yesterday, but up a few basis points on futures overnight up to 3.62%. Not much movement in the US dollar on the DXY. But otherwise, no big

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