Market recovers a bit more of Wednesday's losses in early trading
2017-05-19 10:07:10
Stock futures held steady during the pre-market session, leading to a positive open for the broader market. The market is trying to build on yesterday's advance as the Trump concerns begin to ease. The market will be trying to dig itself out of its losing month but has little on the economic calendar to help. However, several Fed presidents will be speaking, including St. Louis Fed President James Bullard, who earlier today questioned whether a rate hike was needed at the June meeting since inflation has surprised to the downside. In early trading, the Dow is up 83 points, the Nasdaq is…
Stock futures held steady during the pre-market session, leading to a positive open for the broader market. The market is trying to build on yesterday's advance as the Trump concerns begin to ease. The market will be trying to dig itself out of its losing month but has little on the economic calendar to help. However, several Fed presidents will be speaking, including St. Louis Fed President James Bullard, who earlier today questioned whether a rate hike was needed at the June meeting since inflation has surprised to the downside. In early trading, the Dow is up 83 points, the Nasdaq is up 36 points and the S&P is up 14 points.