(INDEXSP:.INX) finished the day up 0.3% thanks to a rally in the
last hour of trading.
The US producer price index came in better than expected, rising
0.8% month over month versus the 0.5% consensus. The US University
of Michigan Consumer Sentiment Index was 83.9, falling short of
estimates and June's final reading.
) both topped analysts' earnings estimates for the second quarter,
driving outperformance in financial stocks.
The Boeing Company
) tanked as much as 7% after news that one of its Dreamliner 787
planes, which have suffered from technical problems in the past,
caught on fire at London's Heathrow airport
Italian CPI was released this morning and was in-line with
expectations. European Union industrial production fell short of
(INDEXFTSE:UKX) finished the day up 0.04%.
Over in Treasuries, the 10-year yield rose by 3 bps to 2.6%. Gold
opened down, but rallied in late day trading to finish flat. Crude
pushed 1% higher on the day, extending its recent rally to close at
$106 per barrel.
Tomorrow's Financial Outlook
Chinese GDP, industrial production, and retail sales will be
US retail sales and Empire State Manufacturing data will be
released at8:30 a.m. EDT on Monday morning. US business inventories
will be released at10:00 a.m. EDT .
Healthcare Services Group
JB Hunt Transport Services
(JBHT) will be releasing earningson Monday .