Happy Friday everyone! Yesterday stocks lept forward in mixed volume while metals took a hit, and this morning futures have metals going back up and stocks heading back down. New Home Sales comes out an hour and a half after opening bell, Busy day before the weekend:
- U.S. stock futures tumble on reports of NY Ebola case S&P 500 mini futures fell as much as 0.7 percent, slipping from two-week highs hit the previous day on budding optimism from corporate earnings and the global economy. In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.1 percent, though Japan's Nikkei share average bucked the trend rising 1.0 percent, led by gains in drug companies.
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Pfizer's $11 billion buyback plan deflates AstraZeneca bid hopes
- Three major nations absent as China launches World Bank rival in Asia SHANGHAI (Reuters) - Australia, Indonesia and South Korea skipped the launch of a China-backed Asian infrastructure bank on Friday as the United States said it had concerns about the new rival to Western-dominated multilateral lenders. China's $50 billion Asian Infrastructure Investment Bank (AIIB)… Reuters
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Specter of no-inflation world looms over Fed's return to normal
Maybe I should start a new thread w/ that last one like w/ The dangers of deflation The pendulum swings to the pit...
