Homebuilder Confidence, TIC Flows, Empire State Manufacturing
Equity futures are once again indicated higher this morning. The question is whether stocks will maintain momentum throughout the day, or fizzle out just as they did yesterday.</p
Ninety minutes before the opening bell, Dow futures are up 54 points to 10,202 and S&P 500 futures are up 4.25 points to 1,090.50.</p
The 2-year Treasury note yield is 1 basis point higher at 0.738% and the benchmark 10-year Treasury note yield is less than 1 basis point higher at 3.264%.</p
The NYMEX crude oil futures contract is up 0.44 to 75.56 while Gold futures are up $1.20 at $1,225.70.
Yesterday, equity prices rose as much as 1.55% before tumbling back in the final hours. The S&P closed down 0.18% and the Dow fell 0.20%. </p
Key Events Today:</p
Leave a Comment
By John Gittelsohn August 24, 2020, 4:00 AM PDT Some of the largest real estate investors are walking away from Read More...Late-Stage Delinquencies are Surging
Aug 21 2020, 11:59AM Like the report from Black Knight earlier today, the second quarter National Delinquency Survey from the Read More...Published by the Federal Reserve Bank of San Francisco
It was recently published by the Federal Reserve Bank of San Francisco, which is about as official as you can Read More...