August 6, 2012
Extending strength in European bond markets helped the Dow, up 0.2 percent to 13,118, add a bit to Friday's rally. Expectations continue to build that the European Central Bank will soon begin buying sovereign bonds to help bring down interest rates for troubled Eurozone members. Oil added another $1 to $95 while gold firmed slightly over $1,610. Interest rates and the dollar were little changed.