Market Flat During Lead up to Janet Yellen Commentary

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The market was relatively flat during the lead up to Janet Yellen’s Friday commentary at the Federal Reserve (Fed) Jackson Hole conference. Following her remarks, the major U.S. indexes fell for the week. Asian markets also declined but European bourses gained slightly. Oil was also down but has still rallied over the past month, gaining more than 14%. Gold experienced a loss for the period after hitting a four-week low on Wednesday. The ten-year U.S. Treasury note closed at approximately 1.6%.

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