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Market Brief – Thursday 1/24/19

The global slowdown has hit Germany, where their manufacturing PMI contracted. While this did not deter US investors from buying stocks in early trading, Treasury yields fell across the board as foreign investors sought safety. The EIA reported crude inventories: Crude: 7.970M Cushing: -0.190M Gasoline: 4.050M Distillates: -0.617M. Levels were well above expectations, and the … Read more