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Wednesday, May 12, 2021
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Wall Street Liked China Data, Hong Kong and BREXIT News

$DIA, $SPY, $QQQ, $RUTX, $VXX

Wall Street’s Key stock indexes bounced Wednesday, after robust economic data from China, easing tensions in Hong Kong and British lawmakers’ approval of a law to delay BREXIT provided some optimism to investors worried about global growth.

The Fed’s September Beige Book described overall economic activity as expanding at a modest pace. 

Market Snapshot

DJIA26355.45+237.45(0.91%)
NAS Comp7976.91+102.72(1.30%)
SP 5002937.78+31.51(1.08%)
10-yr T-Note 0/321.465
NYSEAdv 2319 Dec 563 Vol 749.1-M
NASDAQAdv 2078 Dec 985 Vol 1.9-B
  • NAS Comp +20.2% YTD
  • S&P 500 +17.2% YTD
  • DJIA +13.0% YTD
  • Russell 2000 +10.1% YTD

HeffX-LTN’s overall technical outlook for the major US stock market indexes is Neutral with a Bullish bias in here.

Stay tuned…

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