Markets were exceptionally choppy in the NY session as approaching quarter-end continues to make for overall thin conditions. US equities could not hold on to modest gains and closed down about -0.3% on the day. It was surprising that they did not fall further following an extremely downbeat US consumer confidence report. The headline index fell to a much lower than expected 53.1 in September after a 54.5 read the prior month. Consensus was for an increase to 57.0 so the surprise was palpable. Full text »
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment