Housing Starts and Inflation Data
Sitting comfortably at 13-month highs, equities are beginning the day moving sideways ahead of data on inflation and the housing market.
The Dow looks to open 21 points higher at 10,419 and the S&P 500 is 2.5 points up at 1,110.
The dollar index index is down 0.50% to 75.0, 37 cents below Tuesday’s close. Its weakness continues to boost commodity prices as foreign investors find their prices attractive. Oil is once again past the $80 mark, while gold prices are trading at $1,147.40 per ounce, a new record high.
Key Events Today:
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