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01Nov2016 Pre-Market Commentary: Wall Street To Open Higher, Crude Prices At One Month Low, Investors Looking To Fed Meeting And Forthcoming Economic Data

Tuesday, November 1, 2016 6:34
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Written by Gary

U.S. stock index futures are fractionally higher this morning (SPY +0.2%), helped by upbeat manufacturing data from China and as investors awaited the outcome of the two-day Federal Reserve meeting. Oil prices struggled near the one-month lows (WTI $47.11 +0.6%) amid speculation weekly supply data will show U.S. crude stockpiles rose for the first time in three weeks.

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