Ahead of the Open Bell
Will the trend continue in U.S. markets? Each time the S&P 500 [stock ^SPX] began the week down 1% or more such as yesterday the U.S. markets closed the week out lower 5 out 6 times.
Will the trend continue in U.S. markets? Each time the S&P 500 [stock ^SPX] began the week down 1% or more such as yesterday the U.S. markets closed the week out lower 5 out 6 times.
U.S. traders are coming off the best week thus far in 2012. The EU announcement of a plan to bailout Spanish banks is helping to continue the market drive into the start of the new trading week.
Breaking News – U.S. Futures
Asian markets begin the week off with a big bang Monday morning – Sunday evening in the U.S after the European Finance Ministers approved to provide Spain euros for a banking bailout.
Mexico Central Bank Rate Decision
Breaking News – U.S. Trade Deficit
Chairman Ben S. Bernanke Economic Outlook and Policy Before the Joint Economic Committee, U.S. Congress, Washington, D.C.
Futures are suggesting the markets could build on yesterday’s bounce. Futures are up ahead of the open with S&P fair value at +13.00 and NASDAQ fair value at +21.80.
Breaking News China and England Rate Decisions
Today the economic calendar is jammed packed with key market moving data, that will have traders watching closely.
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