The Market On Wednesday

  Good morning. This morning it is 75 degrees and sunny here in the Upper Hudson Valley. The forecast is predicting a hot sunny day with temperatures hitting the 90s this afternoon. Keep cool.

  At 8:57 a.m. ET futures are modestly higher and the price of oil per barrel is down. the market is poised to open higher.

  It's like happy days are here again. The indexes are off the charts at record highs, the Brexit fiasco is on the back back burner, England is getting a new female leader, and life is good for investors. The lengthy Obama bull run continues for another day.

CNN: Stocks: 3 things to know before the open by Alanna Petroff

The fact that the U.K. found a successor to departing Prime Minister David Cameron much faster than expected has also helped markets by banishing some uncertainty.

Then at 2 p.m. the U.S. Federal Reserve will release its Beige Book for July, which will give detailed information about the state of the U.S. economy.