Market opens in negative territory as banks kick off earnings season
2017-10-12 09:36:37
Stock futures were lower during the early session, leading to a lower start for the broader market. Yesterday's Fed minutes were more dovish than expected and pushed the market to new all-time highs. Despite the late day lift, the market seems to be more receptive to hawkish comments as the lack of inflation in the economy remains a concern. Investors will be watching this morning's energy inventory data points on both oil and natural gas inventories. In early trading, the Dow is down 36 points, the Nasdaq is down 6 points and the S&P is down 4 points.