Global stock markets were mostly weaker overnight. U.S. stock indexes are also pointed to lower openings when the New York day session begins. The near-term technical postures for the U.S. stock indexes are starting to deteriorate. Bearish weekly low closes on Friday would begin to suggest the indexes have put in near-term tops.
Gold prices are trading slightly lower in pre-U.S.-session action, on a mild corrective pullback from good gains Thursday that pushed the yellow metal to a six-week high.
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