Stock Indices Recap - 8/30/2016

August 30, 2016 10:49AM CDT

September S&P finished down 99.3 at 2080, 100.3 off the high and -89 up from the low. September S&P E-Mini closed down 3.75 at 2175.5. This was 7 up from the low and 6 off the high.

All things considered, the equity markets held up rather impressively in the face of the Apple/EU flap and the failed merger/buyout effort by Hershey and Mondelez. Favorable US data was largely discounted today perhaps because favorable data is currently thought to be increasing the prospects of a hike next month.

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