MORNING MINUTE JULY 5th

Good morning everyone. Darren at Leviathan Financial. We’re back from the July 4th holiday. Yay. Anyway, , European stocks and Chinese stocks are softer by about half a percent as very weak PMI numbers came out of there, shown that the economy are looking to contract there. So potentially the beginning of a recessionary period after all these rate heights.
S and p doesn’t seem to care about anything like that, uh, but is a little bit softer as well this morning. So you’ll come in seeing the, , s and p down about 18 points. , hovering just below the, 4,500 mark. So overall though, still a positive tone, but a bit weak today. Today’s focus is going to be the Fed Minutes.
Uh, 2:00 PM Eastern, 1:00 PM Central. Uh, just as a better as to whether or not the Fed are likely to raise rates again at the July meeting, , that will be the focus before everybody else goes on holiday, for their summer vacation. So, , anyway, good luck everyone, as always and have a good day.