November inflation numbers rose by a larger-than-expected amount
| | |
| | 12/11/2019 | |
|
Stock Futures Churn Ahead of Fed Decision | By Patrick Martin | | Wall Street struggled to gain momentum yesterday, and today's price action could be more of the same. Dow Jones Industrial Average (DJI) futures are churning slightly below fair value, while S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures are signaling modestly higher opens. There's caution ahead of this afternoon's policy decision from the Fed, with rates largely expected to remain unchanged. Fed Chair Jerome Powell will also speak at 2:30 p.m. ET, and investors will be looking for clues about upcoming monetary policy. Elsewhere, November's consumer price index (CPI) rose 0.3%, greater than the expected 0.2% climb. Continue reading for more on today's market, including: - Schaeffer's Senior Quantitative Analyst Rocky White gives the best stocks to end the decade.
- Broadcom stock is set to test new highs.
- Plus, GameStop sinks after earnings; C-suite shakeup at Dropbox; and Citron lashes out at Peloton.
| >> Continue reading... | |
LATEST HEADLINES |
|
To ensure delivery of Schaeffer's Opening View, add us to your contacts! For more information, please visit this link for further instructions. This email was sent to phanhoa1821960.trader@blogger.com because you are a registered subscriber to Schaeffer's Opening View or have signed up to receive emails from www.schaeffersresearch.com. Don't want to receive Schaeffer's Opening View? You can unsubscribe here. For more information about our privacy practices, please review our Privacy Policy or our Terms & Conditions. Have a question, comment or concern? We’ll respond quickest if you call (800) 448-2080, email, or write to: |
| |
No comments:
Post a Comment