Day Trading Pre Market 4 August, page-2

Thanks speckle

got the date wrong pal......

U.S. stocks finished lower Monday following weak economic data and a further slump in crude-oil prices, but managed to pare early losses.

Stocks had been in clear retreat after the Institute for Supply Management’s closely watched manufacturing survey for July, along with a similar report from Markit, came in weaker than expected.

Also, June construction spending grew 0.1%, well below expectations. Ahead of the opening bell, data from the Commerce Department showed personal spending rose slightly less than expected in June, while income was slightly above forecasts.

The overall S&P 500 stands 1.7% off its record close in May, having traded in a narrow range for several months. More range-bound trading, could be ahead until Friday, with investors staying on the sidelines as they wait for the monthly U.S. jobs report due that day

Have a great day everyone