Stocks were mixed today as new economic data was not so encouraging. U.S. core capital goods orders slipped last month while world trade growth is expected to slow this year. On the other hand, China’s manufacturing data had a surprise rebound. Seven out of the 11 sectors were negative on the day as the S&P 500 Index finished down 0.02%. The Dow 30 fell 30 basis points as Walgreens Boots Alliance cut 2019 profit expectations in half after they announced a Transformation Cost Management Program. One positive outcome of the day comes from the Tech-heavy NASDAQ that gained 0.25%.
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