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11Nov2016 Pre-Market Commentary: US Markets Will Open Fractionally Lower, But Are Expected To Melt Up Into The Green Before The Close, Crude Prices Rigorously Testing Support

Friday, November 11, 2016 7:24
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(Before It's News)

Written by Gary

Wall Street futures pointed to a lower open this morning (SPY -0.2%), as investors looked ahead to consumer sentiment data and an appearance by the Fed vice chair at the Federal Reserve. The global bond market has lost more than $1 trillion this week and WTI crude futures have fallen -2.0%.

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