Morning Traders
I feel like Bill Murray in Ground Hog Day after another flat night in US markets, with the tech heavy Nasdaq the only index to post any gains, Cisco 4Q earnings were up
56 % and div increased.
Industrial production in the U.S. increased in July, Fed data showed today, propelled by a pickup in motor vehicle output and a rebound in utility use during the hottest month on record. A separate report showed manufacturing in the New York area unexpectedly contracted in August for the first time since October. Courtesy Bloomberg.
European markets were down around half a percent .
DOW -7.36 points
S&P 500 +1.6 points
NASDAQ +13.95
FTSE -31.74
DAX -27.59
OIL (WTI) +0.82 $94.25
Gold + $4 1606
Cu Flat
US 10yr and 30yr Bonds were down again and have broken below recent support level
USD 82.66 + 0.13
Good luck
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Morning TradersI feel like Bill Murray in Ground Hog Day after...
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