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World Stock Markets Trade Mixed; FOMC Minutes On Deck

Wednesday, February 22, 2017 7:14
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(Before It's News)

(Kitco News) – World stock markets were mixed Wednesday. U.S. stock indexes are pointed toward slightly lower openings when the New York day session begins, after those indexes hit record highs again Tuesday.

The U.S. stock indexes are on a record-setting run that has the bulls very comfortable at present. However, the indexes are now way overbought, technically, and due for sizable downside corrections at any moment.

Gold prices are trading near steady in early U.S. trading. Bullish technicals are being offset by the strong U.S. dollar index this week.

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The post World Stock Markets Trade Mixed; FOMC Minutes On Deck appeared first on Money Morning – We Make Investing Profitable.

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