At 9:20 a.m. ET DOW futures are -36 and the price of oil per barrel is up. The market is poised to open moderately lower.
Looks like the Trump market has gone a little haywire lately. Is it any surprise? Meanwhile there is a new Fed meeting about to take place and that is something to keep an eye on. Lots of corporate earnings coming through today and the market's direction will also express the quality of these corporate results.
CNN: Earnings bonanza; Fed meeting; Deutsche Bank faces fines by Alanna Petroff
Fed chair Janet Yellen said earlier this month that the economy is near maximum employment and inflation was moving closer to the central bank's goal. Yellen reiterated that she and other Fed leaders expect to raise rates a "few times a year" until 2019.
No comments:
Post a Comment