Indexes stumbled as weak earnings reports from Walt Disney, Macy’s and Fossil weighed on consumer sector. Treasury yields fell after a strong 10-year note auction. Profit-booking pushed the dollar lower against a basket of major currencies and gold advanced. Oil surged as data showed U.S. crude inventories fell unexpectedly last week.
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.