U.S Market Update |
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- Markets opened higher this morning, seeming to recover slightly from yesterday's late sell-off after the Commerce Department reported April inflation was in-line with estimates. Prices Paid data from Chicago PMI was in the higher range, yet markets shrugged off PMI in the aggregate. Crude futures fell below $125 in early trading, providing further good news for equities. In the late morning crude recovered about $127.50 pushing equities lower in tandem. Tech names helped lead markets
Filed under: Fundamental
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