MARKET ACTION
Dow: -42 points (-0.14%)
S&P: -0.20%
Nasdaq: -0.25%
10-Year Treasury Yield: 3.75% (+13 basis points)
Top-performing sector: Energy (+2.06%) – third day in a row top sector
Bottom-performing sector: Utilities (-2.25%)
WTI Crude Oil: $87.97/barrel (+1.69%)
Key Economic Point of the Day:
ISM Non-Manufacturing (Services) came in at 56.7, still well into expansion and above the expectation but less than month’s levels. Services are expanding while Goods are slowing.
Links mentioned in this episode:
TheDCToday.com
TheBahnsenGroup.com
