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Daily Market Report 6/13/19
http://MikesDailyMarketReport.com: Initial Jobless Claims rose 3k from the previous week's numbers, going from 219k to 222k. However, the previous week's numbers were revised higher by 1k (218k to 219k). Stocks are trading in Positive Territory this morning. There was a more positive tone today, as President Trump indicated that there was no timetable on any further Tariffs with China, and a deal could happen. Oil is rising a bit this morning on news that a few tankers were attacked at the Gulf of Oman. Iran is suspected in these attacks, as there are growing tensions between US and Iran. MBS is only Up 2bps, so there's no change in Mortgage Rates today. Yields remain at 2.12%, as well.
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