Stocks up slightly in early trading as oil slides
2016-09-27 09:42:40
Stock index futures gave up their gains late in the morning, leading to a flat open for the broader market, though the averages are seeing a bit of an upturn in early trading. WTI crude oil prices are down nearly 3% to slip below $45 per barrel in early trading as the meeting of oil producing nations in Algeria kicks off with no indication that any oil production deal has been reached. There are a few domestic economic reports coming up, including readings on the services sector and on consumer confidence. In early trading, the Dow is up 27 points, the Nasdaq is up 13 points and the S&P is…
Stock index futures gave up their gains late in the morning, leading to a flat open for the broader market, though the averages are seeing a bit of an upturn in early trading. WTI crude oil prices are down nearly 3% to slip below $45 per barrel in early trading as the meeting of oil producing nations in Algeria kicks off with no indication that any oil production deal has been reached. There are a few domestic economic reports coming up, including readings on the services sector and on consumer confidence. In early trading, the Dow is up 27 points, the Nasdaq is up 13 points and the S&P is up 3 points.