Mid Day update

Spoos trading heavy as Europe closes.Spoos -7 handles  Nasdaq -17 .Both amazon and google down from early morning highs.With the exception Of Information related stocks All SPX sectors are in the red.Congress has passed a 1 week Stopgap bill as they couldn’t reach a deal today to fund the Government through September.That might be weighing on Stocks a bit but markets believe  a deal will pass.Todays GDP report was not pretty but markets were expecting that but still it was not a promising start to the year.

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