After a mad dash upward to open the session, the Dow once again became mercurial and managed just a 6 point gain on the day. Buoyed by a better that expected report from the Institute for Supply Management and an uptick in Chinese manufacturing, the Dow was up over 100 points early in the session . The Instiute measure inventories of items required for manufacturing. Therfore a good reading points to increased productivity and possibly more jobs in the future. A poor earnings report from Amazom and continued uncertainty about the upcoming Fed release brought traders down from their euphoria.
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