[BRIEFING.COM] The market found some upside momentum over recent trading.
The three major indices remain in negative territory, but buying increased under the index surface. The Invesco S&P 500 Equal Weight ETF (RSP) trades 0.2% higher and market breadth is positive at the NYSE with advancers leading by 3-to-2 ratio.
Separately, the Atlanta Fed revised its Q1 GDP estimates to -2.2% from -2.4%. The alternative model, which adjusts for imports and exports of gold is -0.1%.