Grind
S&Ps in the summertime grind here, trading at 1209.50. Earlier, we did see some good buying up to 1210.50.
The key to this market is the Nasdaq, which is at the high of the day. Otherwise, the market remains extremely quiet.
Nasdaq at 1696 in the late morning. The market reached 1707 then was pushed lower below 1700.
In general, there is a lack of interest in this market, which is unable to sustain much momentum. The market could challenge the highs later this afternoon.