FX & CFD trading involves significant risk
Selling pressure has intensified to extend the stock market's morning slide. The pullback has been rather broad and coincides with a bounce by the dollar, which is now at its morning high with a 0.2% gain against a basket of competing currencies. The latest wholesale inventory data was just released. Inventories for November fell 0.2%, which contrasts with the consensus call for a 1.0% increase among economists polled by Briefing.com. The wholesale inventory number isn't usually a number that is followed by broader market participants, however. Advancing Sectors: Energy (+0.8%), Financials (+0.5%), Materials (+0.4%), Industrials (+0.3%), Consumer Discretionary (+0.2%), Health Care (+0.2%), Consumer Staples (+0.1%), Tech (+0.1%) Declining Sectors: Telecom (-1.2%), Utilities (-0.1%)
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.