He said traders were now focusing on tomorrow's unemployment figures.
But the performance of the market did show that traders and investors focused on the slow growth rather than inflation.
But eventually traders will again focus on the economy, and its implications for corporate profits.
Instead, securities dealers and other traders have been focusing on foreign markets.
One reason for the bearish sentiment is that many traders are focusing on the problem of the American trade and budget deficits.
Markets Stocks closed mixed as many traders focused on the political events in Russia.
And traders are already focusing on the employment report for October on Friday.
With no economic news to influence the market, traders focused on the impending auctions.
Soybean futures prices fell as traders focused on the rains likely to benefit crops.
Employment is what traders and investors will focus on this week.