Now that Bank of America (BAC) takes a $17 billion dollar fine that clears the deck for the stock to rally over 4%. This pulled the financial sector, a large weighting in the S&P 500 Index, much higher. Away from the financial sector markets were mixed to messy.
Elsewhere global news was mixed so was the reaction to them.
In China PMI Mfg Index Flash fell sharply to 50.3 vs 51.5 expected & prior 51.9. Pundits (again) expect stimulus as they have for the past two quarters. But U.S. China ETFs were having none of it and sold several lower including popular FXI.
Europe PMI Mfg Index Flash also slowed to 50.8 vs 51.3 expected &