Tuesday, March 31, 2015

The Market On Tuesday

  Good morning. It is 38 degrees and cloudy with some clear spots here in the Upper Hudson Valley. It looks like we're in for an early Spring type of day with temperatures in the 40s. We can already see some signs of new growth here and there with crocuses popping up. Of course it is also tax season and as I am a last minute filer, April's arrival represents tax time to me. You make a little, you give in the form of taxes a little.

  At 8:45 a.m. ET futures are moderately lower and the price of oil per barrel is declining. The market is poised to open lower.

  The negotiating deadline over Iran's nuclear capabilities is the salient investment headline of the morning. The deal is big because a positive outcome will mean the lowering of various sanctions against Iran meaning that Iran would be able to sell its oil to more countries. Oil is at the center of it today.

CNN: Stocks: 3 things to know before the open
Iran is negotiating with world powers about its nuclear capabilities, and talks are coming down to the wire. Tuesday at 6 p.m. ET marks the "self-imposed" deadline for all sides to agree on a general framework for a deal.

No comments: