Today’s trading session on Wall Street is showing more liveliness and volatility on positive info from Europe: the Spanish and Hungarian bond auctions have been successful so far. S&P 500 has come close to the 1300 border.
The poor data on January’s retail sales have been much worse than expected. The demand is currently dominating the market.
First S&P500 declined on strong supply data. Commodity companies like Chevron and Exxon Mobile experienced the biggest pressure. Later the pressure eased as Home Depot had created 70K new jobs.
