This post was originally published on this site. Why Retail Traders Are Rethinking Traditional Prop Firms US stocks end the week mixed; Russell 2000 closes at a record Trump: Pretty soon will be declaring Strait of Hormuz territory of the US The weekly Baker Hughes rig count rises by 5 in the current week Fed’s Goolsbee: US GDP and labor markets are basically stable European shares close mostly lower as yields jump; DAX bucks the trend US Business inventories for June 0.0% vs 0.1% estimate US August prelim UMich consumer sentiment 51.0 vs 54.5 expected Canada Manufacturing Sales for June...

This post was originally published on this site.US stocks finished mostly lower on Friday, taking some of the shine off a week that saw both the S&P 500 and Russell 2000 trade at record levels. The exception today was the small-cap Russell 2000, which bucked the broader weakness and closed at a new record high. The S&P 500 reached a fresh all-time high during the week and closed at a record on Thursday, but buyers could not keep the momentum going into the weekend. Friday’s softer retail sales and consumer sentiment data contributed to a more cautious tone, while higher...