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The Business Insider: The Money Game Chinese stocks hit their highest level in 5 years, while Europe looks for direction with US markets closed for July 4th
  • Global markets were mixed Friday as investors seek direction with the US markets closed in observance of of the Fourth of July public holiday. 
  • Chinese stocks hit a five-year high as stronger than expected PMI data out of the world's second biggest economy boosted sentiment.
  • In Europe, stocks dropped a little, although there was no immediately apparent key driver to the moves.
  • Liquidity was thin with few US investors online during the day.
  • Visit Business Insider's homepage for more stories.
  • Asian indexes were up with China's Shanghai Composite up 2%, Hong Kong's Hang Seng up 1%, and Japan's Nikkei up 0.7%.
  • European equities were down, with Germany's DAX down 0.3%, Britain's FTSE 100 down 1%, and the Euro Stoxx 50 down 0.5%.
  • US futures are mixed. Futures underlying the Dow Jones Industrial Average is down 0.2% the S&P 500 is down 0.2%  and the Nasdaq is flat. US real-time markets will not open until Monday.
  • Oil prices fell. West Texas Intermediate and Brent crude are both down 1.3%.
  • The benchmark 10-year Treasury yield fell to 0.67%.
  • Gold rose 0.1% to $1,788 per ounce.
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Full "The Business Insider: The Money Game" article




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