Thank you for reminding us it is tuesday. I nearly said monday. Just about caught it. Lets check on Global Markets this tuesday morning. A muted session overseas as well look at u. S. Futures right now. They are indicating a higher open, which would technically mean a new high for the s p 500, which right now is up about 4 points in premarket trade. Dow jones seeing a gain of 40 points. Nasdaq up just about 12 points here in premarket trade. I think the story from last week was the trump reflation trade was back. We got between 1. 5 to 2 of gains. The bond proxies underperformed, and banks led the way. The one part of the trump trade that did not take part was the dollar, which we can come into more detail later. Lets look at the tenyear treasury note. Yields spiked in the middle of last week. They did settle by the end of the week. For the week as a whole yields were up. They did rise late friday and over the weekend, 2. 45 the yield there. Patrick harker the latest fed member to add
Nasdaq, and google was 2,000 and the s p 500 holding on to fractional gains at 1803. Watching hewlettpackard can pop with its quarterly numbers beating the street, mixed bag, citigroup says they have 30 more upside, Goldman Sachs keeps the celebrating so were watching that as well. Commodities are to the downside. Oil below 92 for the First Time Since june so we are watching that story closely as well. Dennis lets talk about the wintery weather, weather making its way to the east coast causing several headaches for a lot of people on the busiest travel day of the year. Accuweather meteorologist pilotpoint is tracking the storm and jeff flock as the latest travel delays. Where is the storm heading . Is it getting worse . Luckily traveling in the eastern u. S. There have not been a lot of fun but thankfully the worst has already occurred. Many of us will be looking at improvement over the next 24 hours but lots to talk about on the busiest travel day of the year, retain close it to the c
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