Today – Monday December 30th, 2013
- U.S. stocks remain flat due to light trading and and weak home sales.
- Pending home sales increased 0.2% when economists expected 1%.
- The Dallas Federal Reserve released its December manufacturing survey as the general business activity index hit 3.1, economists were expecting 4.0 activity.
- Industry sectors in the S&P 500 were split roughly equally between winners and losers, with the best gains coming among shares of consumer discretionary and basic materials companies. Consumer staple, utility and health care stocks, and the energy industry lagging today due to declines in crude oil and natural gas futures in commodities trade.
Categories: Capital Markets