We’re on track for the lowest volume week YTD, and it sure felt that way today. Snoozeville central as S&P volumes were down 22% compared to the 20-day moving average and net neutral economic data provided little fanfare. The Flash PMIs were mixed and cancelled each other out (solid services vs. weaker manufacturing), while weekly claims and existing home sales were bang inline. The S&P 500 and CCMP both lost some of their shine-- down 0.8% and 1.5%, respectively, while other asset classes foun…
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