Demand Slowdown Caps Rally

20%its chance, of the story’s futures

−0.2%on the S&P 500, if it happens

A softer demand backdrop offsets the bullish inventory message. Slower Chinese industrial activity, weak European manufacturing, or lower U.S. gasoline demand could keep prices from extending gains even if inventories remain historically low.

What it moves

Energy−1.0%
Consumer Services+0.3%
Oil prices▼ down
Copper▼ down

Sectors in percent; other series by direction only.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.

Keeping an eye on this scenario?