Thursday, October 16, 2014 |
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Markets | yesterday | today | ||||
metals | Continued rebound; gold $1,240.20 from $1227.60, silver $17.43 | Futures @ 2 hrs. before opening -0.96% | ||||
(let me know if you want on or off | stocks | BOING! Recouping most of the losses but majore indexes still dropped in enormous trade volume. Russel 2K up 1% | Futuress -1.04% |
Busy day today:
8:30 AM Initial Claims
8:30 AM Continuing Claims
9:15 AM Industrial Production
9:15 AM Capacity Utilization
10:00 AM Philadelphia Fed
10:00 AM NAHB Housing Market Index
10:30 AM Natural Gas Inventories
11:00 AM Crude Inventories
2:00 PM Treasury Budget
4:00 PM Net Long-Term TIC Flow
World economy gives investors growth scare as they look to U.S. The global economy faces its biggest test of confidence since the European sovereign debt crisis as investors fear it's running out of engines. Japan and the euro area are throwing up fresh signs of weakness by the day and emerging markets such as China are dragging instead of driving growth.
More buying opportunities today?