News

Stocks have made a modest bounce up from their opening lows, but weakness remains widespread with all 10 major sectors still in the red. Weakness is currently most pronounced among tech stocks, which are down 1.1% at the moment. Such weakness has undercut the tech-rich Nasdaq. Just released, the Chicago PMI came in at 62.3, which is better than the 56.3 that had been widely expected. Coming up at 9:55 AM ET is the final Consumer Sentiment Survey for July from University of Michigan.