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With No China Woes Stocks Come up for Air

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Mortgage and Lending with The Federal Savings Bank/Lending in 50 states NMLS # 109616

After yesterday's session was about  as pleasant for traders as the Little Big Horn was for Custer, what did today bring you may ask.  Well stock futures were up modestly this morning.  With no drastic news from China or the Euro-zone, some decent domestic economic news began to trickle onto the scene.  Second quarter productivity rose 3.3% and the Fed's Beige book showed improvement in wage growth.  All that was enough for the Dow to gain 293 points and the NASDAQ 113.

 

 

Bill Reddington
Re/max By The Sea - Destin, FL
Destin Florida Real Estate

Same question everyday anymore. Who knows what will happen tomorrow? Pretty crazy right now.

Sep 02, 2015 07:57 AM
Stefan Winter
Real Estate in IL & NV | Owner of Real Estate Web Tech | Daily Vlogger - Las Vegas, NV
Owner - Winter Group & Real Estate Web Tech

Funny how some announcements can impact stock markets so much. 

Sep 02, 2015 08:43 AM