This no-drama rally continues.
Without much volatility, or huge one day gains, stocks keep pushing higher.
US futures are up moderately.
Europe is up nicely, with Italy gaining 0.56%, Germany up a tad, and Spain up over 1%. Spanish GDP just came out, and it only shrunk 0.1%, which is a moderation of the slowing.
In Asia, China surged nearly 2%, and Japan gained just under 1%.
It’s going to be a slow day data-wise in the US. The only number is FHFA home prices. But since housing is the centre of the most concern right now (since we’ve had a few weak datapoints lately) this will garner a fair bit of attention.
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