The S&P touched 1987.46 in the early part of the open but has dropped back to flat at 1983.
The Dow is down 38 at 17075 and the Nasdaq trades +7 at 4463
Bonds yields are still trying to bottom with 10’s at 2.45% -1bp
US 10 year yields 23 07 2014
The only thing left on the calendar today is the European consumer cheer guid at the top of the hour. European consumers haven’t cracked a smile for quite some time now and there’s nothing to say that’s going to change anytime soon. The market is looking for a drop in confidence to -7.50 from -7.40 prior
