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Barchart
Barchart
Rich Asplund

Stocks Post Modest Gains on Mixed US Economic Reports

The S&P 500 Index ($SPX) (SPY) today is up +0.17%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.24%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.03%.

Stock indexes today are slightly higher.  The strength of today’s report on US May manufacturing production gave stocks a boost as it eased concerns about a slowdown in consumer spending based on the weaker-than-expected US May retail sales report.  A decline in T-note yields today is also supporting modest gains in stocks.

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