Markets Dark for the Fourth — Asia Rallies, Oil Slides, Soft Jobs in the Rearview
US markets are closed Friday for the Independence Day observance. Overnight, Asia closed broadly higher — Nikkei +1.36%, Kospi +4.65%, Hang Seng +1.57% — while a soft ADP print (57K vs. ~100K est.) and Fed Chair Warsh's more dovish tone pushed the 10-yr yield off 4.5%. Oil near $68/bbl, down ~20% in