At 8:50 a.m. ET futures are modestly higher and the price of oil per barrel is up to just over $36. The market is poised to open higher.
The last reading of the third quarter GDP has been revised to 2% growth. This is pretty much in keeping with previous levels, it's in the small but steady range as it were. We shall see how Wall Street parses this information and reacts today, and what of the Santa Claus rally....
CNN: Stocks: 4 things to know before the open
Toshiba forecast Monday that it would lose $4.5 billion this year as it continues to deal with the aftermath of a massive accounting scandal. Investors immediately hit the sell button.
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