All Ruropean markets took a dive overnight - down 1 to 1.25%.
In the US, the DOW rose 105 points, the NASDAQ Biotech Index also sore by 15 points. The NASDAQ Composite fell 93 points and the Russell small cap index rose 2 points.
PPI (Produced Prrice Inflation) data showed a larger than expected rise in the US - up .3% from .2% in the previous month.
Consumer sentiment data fell to around 72% - 80% is considered healthy.
Latest data is still leaning towards expectations that the US FED will keep rates on hold in September.
However, there is hope for the future. Investors can always fall back on Coke. No, not the illegal stuff, we are talking about Coca Cola. Up 4% overnight - up 40% for the year.
If IMU can manage to produce a cancer killing vaccine that can be combined with Coca cola, then IMU could be the largest company in the world overnight.
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Price($) | Vol. | No. |
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