Leading Economic Indicator Drops in April
Pre-market futures are flat following a sixth-straight up-day on the S&P 500. Market sentiment — likely due to partiality toward positive trade deals in the works with global trading partners of the U.S. — has been positively buoyant, leading to a “V”-shaped rally. As of yesterday, markets blew through negative economic sentiment, but this morning the appetite seems to be lacking.The Dow is +0.03% and the S&P 500 is -0.17% at this hour. The tech-heavy Nasdaq, which has grown nearly +20% on this near-term re ...