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Today's Commentary
 
Sunday, July 05, 2015


The Dow Jones Industrial Average (DJIA) gave up some of its early gains as the day went on, but was still able to close solidly in positive territory.

Thanks to comments made by Greek Prime Minister Alexis Tsipras, investors feel the country is closer to cutting a deal with its creditors.

However, it appears Greece will still be holding its referendum on Sunday.

In the U.S., traders were encouraged by a strong round of economic data, including an ADP employment report that beat expectations.

Now, attention shifts to tomorrow's nonfarm payrolls report​. Outside of stocks, crude got hammered after an unexpected rise in domestic supplies.

 
  


 
 
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