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NASDAQ index rebounds modestly
The flesh PMI knowledge was a lot weaker than expectations. New dwelling gross sales and Richmond Fed additionally got here in weaker whereas client confidence flash estimate was unfavourable however not as weak as expectations.
The S&P index is up 19 factors or 0.46%. The Dow industrial common is up 50 factors or 0.15%
Crude oil is greater by $3.10 as OPEC chatter is speaking about output cuts going ahead. ON the alternative facet is an Iranian deal would add manufacturing, however for now the main focus is to the upside for oil costs.
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