SPX
futures fell overnight after China reported that exports dropped 5.6%, measured in yuan, in September
which converts to a 10.0% drop in
U.S. dollars. In dollars imports fell
1.9%.
SPY
opened lower and fell to its recent Sep 12 support hitting 211.21 where buyers
took control and prices rose above the open and are currently nearing Wednesday’s
close.
A
positive reaction to DAL’s earnings as airline
stocks AAL, SAVE, LUV, ALK, HA, JBLU and UAL take off.
No comments:
Post a Comment