Rio Times · USA & Canada Intelligence Brief August 10

Key Facts

—A record close The S&P 500 ended Friday at 7,757.64, capping the best week for American shares since April.

—And a record hedge Gold reached fresh highs on Monday, trading around 4,400 dollars an ounce after 4,341 on Friday.

—Defending another currency On 31 July the United States sold euros from its reserves to buy yen alongside Tokyo, its first joint yen purchase since 1998.