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Thursday, August 8, 2013

Epic Research Singapore : Global Market Update

The Dow fell 48 to15,470 is now down 1.2 percent for the week so far. The S&P 500 lost six to 1690, falling through key technical support at 1697/1700. It is now down 1.1 percent for the week. Buyers moved into Treasurys , as the government auctioned $24 billion in 10-year notes. The yield was the second highest at auction since mid-2011. At the end of the day, the 10-year was yielding 2.60 percent.

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