This Week’s Data
The July Institute for Supply Management’s manufacturing index came in at 49.8 versus expectations of 50.1 and June’s reading of 49.7.
June construction spending rose 0.4% in line with estimates.
July domestic vehicle sales were flat with June and ever so slightly better than forecasts.
Weekly jobless claims rose 8,000 in line with expectations.
SEC incompetence gives banksters a free ride (medium):
News on Stocks in Our Portfolios
More quarterly earnings per share reports:
Automatic Data Processing $.53 $.53
Mastercard 5.65 5.58
Marathon Oil .59 .63
Teva Pharmaceuticals 1.28 1.28
Becton Dickinson 1.52 1.53
Western Gas Ptrs .33 .45
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