News Break - It is Valentine's Day but REAL LIFE Issues are Still Issues in the United States so stay focused today
Fed
claims don’t fly: Trump administration is out to get New York
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Nasdaq futures increased 0.27%, S&P futures inched up 0.14% and Dow futures are basically flat as investors continue to sort through data on how the coronavirus outbreak is spreading. In Asia, the major markets except for Tokyo and Mumbai rose. In Europe, the FTSE 100 is down 0.3%, Stoxx Europe 600 has slipped 0.1% and the DAX is roughly flat. Crude oil is up 1.3% to $52.10, while gold and the U.S. Dollar Index are all little changed
- U.S. economy: American consumers will
get their monthly checkup
today when the government releases retail sales data for January and UMich
releases a preliminary consumer sentiment reading for February.
- Global economy: France’s economy minister said the coronavirus will dent Chinese economic growth by at least 1% this year. “That’s to say, an important number,” he told BFM-TV.
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