Investors Turn Back to Equities

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Equity markets continued to recover from their September/October swoon, as earnings and economic data have investors turning back to equities. Both the S&P 500 and DJIA inched to new record highs; the S&P 500 is up more than 9% since it set a six-month low on October 15. Yield on the benchmark ten-year Treasury moved to a one-month high before retreating following the payrolls release.

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