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Housing Starts, Jobless Claims, Philly Fed Survey, TSY Supply
Equity futures are pointing up this morning as investors hope to keep the rally going for a fourth straight day. Since Monday the S&P 500 has gained 32.2 points, or 3.11%, pushing the index to a new 11-month high. Futures are currently extending those gain by 1.7 points.
Appetite for equities has strained the US dollar, which sits at yet another 2009 low this morning. Gold is trading near record highs at $1020 per ounce, and natural gas prices are “simply on fire â€
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Steven A Feinberg (@CPAsteve) of Appletree Business Services LLC, is a PASBA member accountant located in Londonderry, New Hampshire.
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