Bearish sentiment slips
Retail investors were less pessimistic about the market outlook, but there are still more than twice as many bears as bulls.
Read MoreRetail investors were less pessimistic about the market outlook, but there are still more than twice as many bears as bulls.
Read MoreMay inflation data was released today, and the Fed’s favorite gauge, the core PCE y/y, cooled to the slowest pace since November.
Read MoreThe percentage of S&P 500 Index (SPX) stocks trading above the 10 & 50-day moving averages moved lower with yesterday’s 2-point decline in the SPX.
Read MoreS&P equity futures are trading well below Wednesday's close, amidst a sharply negative session in Europe and a lower Asia overnight.
Read MoreIt was a choppy market, with the large-cap indices flipping between positive and negative territory throughout the day.
Read MoreThe third and final report for GDP was released this morning, showing that the first quarter GDP contracted a little more than expected.
Read MoreThe percentage of S&P 500 Index (SPX) stocks trading above the 10 & 50-day moving averages moved lower with yesterday’s 2% drop in the SPX.
Read MoreS&P equity futures are trading just below Tuesday's close, amidst widespread losses in Europe and Asia overnight.
Read MoreWhat started off as a solid rally turned lower after the weaker-than-expected consumer confidence data was released at 10am.
Read MoreThe Conference Board reported its Consumer Confidence Index declined to a 16-month low, although it wasn’t nearly as sour as last Friday’s Michigan Sentiment report.
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