Can U.S. markets move higher after a broad sell off Monday? Two weeks ago trader overcame the broad sell off but future’s today look basically flat in pre-markets with implied opens for Dow Jones at 13.34, S&P 500 0.03 and the NASDAQ at 2.26 as of 8:40 a.m. ET.
U.S. markets seem to be following global markets lower as we kick off the last week of June. Investors are worried about the upcoming European Union summit that ruled not to have Greece leaders attend the summit.
U.S. markers end the day yesterday mixed on the Federal Reserves’ extension to year end for Operation Twist and the lowering of GDP forecast. Futures today are suggesting continued red ahead of the bell.
All 3 U.S. stock indexes are pointing to a higher open as investors focus on the FOMC meeting and domestic issues facing U.S. economy. The question of the day is “what will the Fed do?”
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