Dow appears to have broken its one of the longest winning streaks in decades yesterday following BOJ's fiscal policy move. However, this morning's PCE data seems to have brought it back up as core PCE number was lower than estimates. Besides, Intel results and forecast was +ve that seems to have powered a rally this morning (PST) and all three major US indices appear to be in the green at the time of writing this blog.
top of page
bottom of page