Posted To: MND NewsWire
It’s a busy week ahead and two hours before Monday’s opening bell investors are optimistic. Dow futures are up 41 points to 10,058 and S&P 500 futures are up 4.25 points to 1,074.75. Commodities are also higher with WTI Crude oil up 30 cents to $73.19 per barrel and Spot Gold trading 85 cents higher at $1,081.70. Key Events This Week: Monday: 8:30 ― The Personal Income & Spending report is expected to show both categories continuing to rise in December while inflation remains benign. Income, after rising o.3% in October and 0.4% in November, is expected to post a 0.3% gain. Consumption should also see a boost in the 0.3% range, a slower pace than the 0.6% advance in October and the more recent 0.5% increase. Meantime, the Fed’s preferred rate of core inflation is set…(read more)
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Original post by Patrick McGee
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