Markets closed mixed on Wall Street: DJI +0.06% SP500 +0.08% Nasdaq -0.1% Gold -0.53%
The markets were mixed because:
- The US Dollar finally caught a little bid. The strength ate into earlier equity gains.
- ISM Data came in much stronger than expected. US Factory output jumped the most since May. But will Simon Property Group (SPG) See Better Days Ahead at Retail? >>
- China’s PMI caught everyone by surprise. One week China (FXI) is slowing, the next it’s growing again. Don’t Miss: Is China Building the New-and-Improved Global Empire? >>