To get an idea if there has been a large move overnight, I look at Asia and Europe and where the index futures are trading. The economic indicators that come out during the day can move the market too. It is a way to get oriented to the day’s market action.
In Hong Kong, the Hang Seng closed down 0.65% and Australia up 0.27%. Japan was down 0.34%, but it doesn’t usually affect our market.
Europe is up almost a percent to mid-day: the FTSE 100 (UK) +0.89%, the CAC 40 (France) +0.62%, the DAX (Germany) +0.86%.
The S&P 500 future is up 2 points and the Nasdaq future is up 5 points. Quiet so far.
There are no economic numbers coming out today. And no market movers announcing earnings today.
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