Scoreboard: Continental drift

Europe was hit by a storm of disappointing earnings and Greek bailout talk, while the Reserve Bank's minutes caused a stir closer to home.

US stocks ended mixed overnight with the S&P500 up 0.4 per cent (1652), the Dow off almost 8 points (15,002) and the Nasdaq up 0.7 per cent (3613). No data really, and piece action seems to have been supported by a modest fall in bond yields for the session, or rather the absence of any rise - the US 10-year yield down 1 bps to 2.82 per cent - some positive earnings reports from retailers like Best Buy and Urban Outfitters, and probably underpinning all that, the view that the current sell-off could only go so far without any actual negative news.


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