North American equity close: CPI can't break the doldrums

  • Maybe tomorrow's retail sales report and the ECB decision will do it

Closing changes:

  • S&P 500 up 0.2%
  • DJIA -0.2%
  • Russell 2000 -0.7%
  • Nasdaq Comp +0.3%
  • Toronto TSX Comp +0.2%

We've been in the doldrums for awhile. There as a time when the CPI report was a guaranteed 1% market mover but today there was hardly any excitement in equities after the release.

At some point this wedge will break.

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