Pre-open:
Aug. 14 (Bloomberg) -- Prices paid to U.S. producers rose more than forecast in July on higher fuel costs. Excluding food and energy, the inflation rate was less than predicted.
This is a relief, although WMT is issuing some soft guidance.
Watch ES 1461, 200 dma continuous contract and NQ 1947.50, weekly pivot. Also, 10 dma for NQ at 1958 is upside resistance (see QQQQ yesterday).
Aug. 14 (Bloomberg) -- Prices paid to U.S. producers rose more than forecast in July on higher fuel costs. Excluding food and energy, the inflation rate was less than predicted.
This is a relief, although WMT is issuing some soft guidance.
Watch ES 1461, 200 dma continuous contract and NQ 1947.50, weekly pivot. Also, 10 dma for NQ at 1958 is upside resistance (see QQQQ yesterday).
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