Fundamentals Mixed.

Redbook Chain Store Sales (week ended 6/6/2015)

– Store Sales year/year +1.2%. Previous was +1.7%

This is sluggish growth.

 

NFIB Small Business Optimism Index  (May 2015)

– level  98.3. Previous was 96.9.

Optimism of Small Business owners is important because small businesses grow into large businesses and small business are key to adding jobs.

 

JOLTS (April 2015)

– Job Openings 5,376,000. Previous revised to 5,109,000.

The is the Labor Department’s Job Openings and Labor Turnover Survey.

 

Wholesale Trade (April 2015)

– Inventories month/month +0.4%. Previous was +0.2%.

This is always about getting inventories adjusted to match past sales and presumed future sales.