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Market Wrap

S&P500 –0.06%

Philly Fed index 7 vs. 10 est./6.5 prior. New orders 15.4/11.4. Employment 2.2/1.2

Jobless claims 379K vs. 337K est./368K

Existing home sales 4.9M vs. 5.02M est./5.12M

$RHT billings $453M vs. $420M est

$ACN new bookings $8.7B vs. $7.66B street estimate

$FB 70M shares secondary. 43M from insiders (41.3M Zuckerberg) and 27M from the company, sold primarily to SP500 index funds


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