We can't complain about a lack of volatility on a day like today. First the gap down on Chinese stock market worries and then the
FOMC minutes in the afternoon propelling the
NASDAQ to a multi-year closing high. Volume was up but still below average.
Economic calendar:
Prel. GDP and Chain
Deflator, Initial Claims at 8:30; Chicago
PMI at 9:45; and Construction spending at 10:00
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