Sentiment improved as Spain managed to sell its bonds above target, the Fed might announce additional easing measures to boost the economy and investors were positive that a new Greek government could be formed on time. Wall Street gained with the DJIA and the S&P 500 indices rose +0.75% and +0.98% respectively. In the commodity sector, the front-month contract for WTI crude oil rose +0.92% while the equivalent Brent crude contract dipped modestly.
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Sentiment Higher Modestly as Spanish Auction on Target and Fed Easing Anticipated
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