S&P Futures are trading lower this morning in a reaction to comments from Fed Chair Jerome Powell that the Fed is not in a rush to lower rates. Put volumes soar in drug stocks as President-elect Donald Trump nominated Robert F. Kennedy Jr., a vaccine skeptic and critic of federal health agencies, to be his Secretary of Health and Human Services. Two key economic reports due out this morning, Retail Sales and Industrial Production. SEC filings displaying position adjustments at major funds continue to come in, AAPL is seeing an elevated number of firms existing positions in the last quarter. In Europe, stocks have gone from flat two lower as anxiety builds ahead of the U.S. markets open. Oil prices are slightly lower due to global demand concerns.
Home for this information is at NewsWare‘s Trade Talk homepage at this link
Stay Updated with News.FreePtomaineRadio’s Daily Newsletter
Stay informed! Subscribe to our daily newsletter to receive updates on our latest blog posts directly in your inbox. Don’t let important information get buried by big tech.
Current subscribers: