The morning reports showed nothing unusual, and there were no earnings reports that got the market excited. As a consequence, the Dow is off about 20 and the S&P down about 6, making this a meander with slight downward bias. Bonds were up a bit over-night. They sold off on the news that the economy wasn't terrible, but recovered. The big deal so far is that crude is down $1.50. Grains are also down noticeably and seasonably, as farmers put new crops into the ground.
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