The dollar jumped against a basket of major currencies, pushing oil and gold lower, and short-term U.S. bond yields advanced after strong U.S. jobs data bolstered expectations that the Federal Reserve will raise interest rates in December. Indexes ended modestly higher as a drop in utilities was countered by gains in financial shares.
Mario Randholm Blog. Mario is the founder of Randholm & Co. S.A.C., an investment management company dedicated to producing superior returns for its clients and employees by adhering to mathematical and statistical methods.