The Commerce department said that wholesale inventories fell 1.4% in April, a larger decline than the consensus, which called for a 1.2% drop. Last month's 1.6% decline was downwardly revised to a 1.8% drop. More from Bloomberg...
The Dow Jones Industrial Average fell 1 point (0.02%) to close at 8,763, the S&P 500 Index gained 3 points (0.4%) to 942, and the Nasdaq Composite increased 18 points (1.0%) to 1,860. Crude oil rose $1.92 to $70.01 per barrel, and gold rose $2.96 to $954.78 per ounce.
Magnificent Seven Update
Daily Update Of Open Positions...Stocks & ETFs
