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In the corporate world office cash and apologies for historic racism. Critics say people want more than just words and serious action is needed. Lets get you a look at the markets. We had a whipsaw session as these comments from jay powell really causing investors to take a step back and consider the amount of risk being put on the table with this record rally weve seen this year. We are seeing on the downside when it comes to trading in u. S. Futures. Down by 4 10 of 1 . Chicago futures, also pointing like a down stock when it comes to trading. Over in tokyo, i should say. In sydney, a downside of 1. 4 . Interestingly, we are seeing that strong rotation from gross into value stocks in the australian market. New zealand, on the downside of. 25 despite rough data that suggests credit card data for may saw a bounce in consumer spending. Story, back to our top the Federal Reserve sent the most dovish signal it could after they didnt ....
Here. S p 500 just flipping into the green. Really trying to shake off that third day of declines today. The nasdaq 100 still down more than. 1. You have the twoyear yields up about one basis points now, just under 470, very volatile. And then you also have crude oil still above 85 here, still up. 8 at the highest level since october. And we have some breaking data and Michael Mckee has the details. Life would be a lot easier if we didnt have contradictory situation coming in. So not as big of move down in prices paid for services as we saw a move up in the prices paid for manufacturing. The only people that cared about is im employment in the service ism employment. We are seeing some contraction in employment in the services of business. All in all, this is a good report but slightly weaker than it has been and that sort of breaks this chain of strong reports that we have seen all week. Sonali just as i was on the board there, yo ....
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