Monday, January 30, 2017

The Market On Monday

  Good morning. It is 27 degrees and sunny here in the Upper Hudson Valley, the forecast predicts a cloudy day with temperatures around 30 degrees this afternoon. As February is about to roll in, looks like we might be getting a little more seasonable weather. It's been an extremely mild winter so far.

  At 9:20 a.m. ET DOW futures are down -102 and the price of oil per barrel is slightly lower trading at $53.12. The market is poised to tank at the opening bell

  Trump's incredibly poorly thought out ban is roiling world markets this morning. Travel stocks are hurting, high tech companies are in a fury, and people around the world are pledging to fight Trump. Hey, this is only the beginning of week two, we got four years ahead.

CNN: Travel ban fallout; Vodafone exits; Volkswagen takes the crown by Ivana Kottasova
Starbucks said it would hire 10,000 refugees over five years in response to the ban. General Electric and JPMorgan Chase have also expressed concerns about how the order will affect their employees.

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