The word is that investors are back in caution mode. The front end of the quarterly reporting period drove the market up with unusually good data. The middle section is a little more troublesome.
There doesn't seem to be a compelling reason to drive the DOW into the mid 9,000 area.
Reuters: Futures off as investors pause, commodities drag
Key economic reports due on Wednesday include data on June durable goods at 8:30 a.m., and the Federal Reserve's Beige Book at 2 p.m....- which is the central bank's snapshot of regional economic conditions.
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