At 8:45 a.m. futures are slightly higher and the price per barrel of oil is slightly higher too. The market is poised to open slightly higher.
If I had to really trim down the concern swarming around Wall Street lately to two words, the words would be - China, Ukraine. We got a mess in the Ukraine with all sorts of temperatures rising among various countries especially in the E.U. over Russia's imperialistic drive and with it all seemingly reaching a head this weekend. Then we have soft economic data out of investor dream economy China. Regardless, it's Friday, so put it to bed and have a great weekend.
CNN: Stocks: Global risks take center stage
Investors are bracing themselves for Sunday's referendum in Crimea...
Recent poor export figures from China and signs that the government may let more companies go to the wall have sparked worries about the pace of growth in the world's second biggest economy.
No comments:
Post a Comment