The stock market took a rest on Monday, despite a 4.9% increase in existing home sales, as volatility was low, with the advance/decline ratios neutral. The preliminary Euro zone manufacturing index came in weaker than expected as France's data dragged the zone lower. In contrast, HSBC initial reading from the purchasing managers index for China hit a seven month high as it moved back into the expansion zone. More data today on manufacturing with the Richmond Fed Manufacturing Index, while the Du...
The stock market took a rest on Monday, despite a 4.9% increase in existing home sales, as volatility was low, with the advance/decline ratios neutral. The preliminary Euro zone manufacturing index came in weaker than expected as France's data dragged the zone lower. In contrast, HSBC initial reading from the purchasing managers index for China hit a seven month high as it moved back into the expansion zone. More data today on manufacturing with the Richmond Fed Manufacturing Index, while the Du...
Share this Article
Comment on this Article
Recommended
Please to comment