Markets continue to do their sideways dance as the S&P 500 traded in another tight range today (33bps). With a debt ceiling “conversation” between the White House and Kevin McCarthy expected to start just after the close, and no new news to result, traders were once again in no mood to take a macro view of the indexes. Adding to that lackluster mood was another session of little economic news. The one datapoint out was the NFIB Small Business Optimism, which dropped to 89 versus the previous 90…
The content on this site is available to all Redburn clients as part of Redburn Execution’s standard service. It is not considered substantive research and there are no commercial implications to viewing these pages.
Please enter your email address below to view this page. If you are still unable to access the page, please speak to your account manager.