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16Nov2016 Pre-Market Commentary: Wall Street Taking A Breather, Major Indexes Down, WTI Crude Trading In The Mid $45 Handle, Gold Remains Depressed At The 1226 Level

Wednesday, November 16, 2016 7:38
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Written by Gary

U.S. futures pointed to a modestly lower open today (SPY -0.3%) after the Dow racked up its seventh consecutive advance yesterday and gains left the Spooz within a half percent of a record closing high. The US dollar remained at an 11-month high melting towards a record level not seen in 14 years and U.S. bond yields continued to move upward.

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