S&P 500 climbs 20 points to fresh record

The party continues

The open in the S&P 500 was a bit stronger than anticipated with the index gaining 20 points to a fresh record at 3754.

The risk trade is also improving in FX with the commodity currencies at the best levels of the day and the US dollar on the defensive across the board.

As I mentioned earlier, today is the final day of the year for tax loss selling so that will be a spot to watch.

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