At 7:50 futures are flat, oil is down, and the dollar is up, plus it is the week of the quadruple witching. All in all, the market is behaving rather gently, considering. Investors will point out that the economy is doing well. How about that. There are two classes of people, wealthy and ingrates.
If the day ends up going sideways, all might be pleased.
CNN: Stocks head for weak open
...quadruple witching -- a quarterly event when stock index futures and options and individual stock futures and options all expire at the same time.Reuters: Stock futures signal mixed open; Palm eyed
Quadruple witching: The event can lead to wide fluctuations in prices of the underlying stocks and increased volatility in the broader market...
Concerns over Greece's debt problems persisted on Friday.
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