U.S. Stocks down. Energy up. Base Metals down.
Dow Jones -0.77%. SP500 -0.72%. Nasdaq -0.61%. Mid caps -1%. Small Caps -1.27%. Banks -1.77%.SP500.
SP500 is sitting on the 50-Day MA which could act as support.
Currently, this is a news driven market. Or, perhaps we should say, a no-news driven market, as the Debt Ceiling talks drag on, with no resolution in sight.
Both sides playing brinkmanship - which will resolve before disaster occurs.
Commodities.
Commodities Index flat +0.04%. Energy up +1.22%. Base Metals -1.57%. Agriculture -0.53%. Gold -0.81%.
Australian Futures down about -0.5% - so we'll have another weak opening.
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