26Oct2016 Pre-Market Commentary: US Stock Markets Opened Lower As Apple Takes Center Stage Falling 3%, Market Indicators Remain In No Mans Land, Many Investors Sitting On Hands Awaiting Possible Fed Rate Change On Friday
Wednesday, October 26, 2016 6:38
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Wall Street opened lower (SPY -0.4%) for the second straight day following Apple’s disappointing quarterly sales and a dip in oil prices. WTI is melting down (49.02), US dollar eases up into the 99′s and gold is fractionally lower, but stable. Indicators are fractionally bearish.