Context for Today
Following the Memorial Day holiday on Monday, U.S. markets will reopen today, May 27, with investors focused on April’s Advance Durable Goods report (8:30 AM ET) and May’s Consumer Confidence Index (10:00 AM ET). Treasury auctions for 2-year notes (1:00 PM ET) and early manufacturing surveys (Richmond Fed at 10:00 AM ET; Dallas Fed at 1…
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