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American equity markets start off week in the red

The US Stock market experienced a negative opening as Monday as investors return from a weekend dominated by sequester-speak. While the enduring outcome of this phenomenon is not currently known – neither Democrats or Republicans envisioned this scenario originally playing out – market participants will surely be eying payrolls later this week.
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US: ISM New York rises to 58.8 in February

In February, the ISM New York kept the expansionary pace for the fourth month in a row. In January, the figure was of 56.7 and just released data points to a rise to 58.8.
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