The Tuesday Wrap

The Tuesday Wrap

Macro:
Case-Shiller miss, Chicago PMI miss, Consumer Confidence beat
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1) All four major Equity indices closed up anywhere from a smidge to a half of one percent on heavy “end of the quarter” volume.
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2) Markets were pushed one way or another all day by rumors of a last minute kicking of the proverbial can forGreece.  As of now, there has been no actual kicking.
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3) Energy shares were your best in class today, as they rallied along with Oil.  Telecom was the worst performing sector for the day.
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4) Treasuries finished the day lower, after zigging and zagging throughout the day on rumors along with the stock market.