Fred Imbert, Maggie Fitzgerald
At around 7:35 a.m. ET, Dow Jones Industrial Average futures were 160 points higher, indicating an opening gain of 107 points. S&P 500 and Nasdaq 100 futures also pointed to a higher open.
In the U.S., the number of daily increases in
“If the curve is bending, for the first time, some
However, some investors believe equities were getting ahead of the reality where
The uncertainty around the
“We are still in the early innings of downward EPS revisions,” Calvasina wrote in a note to clients. “Further downward revisions could keep equity market
On Tuesday, the Dow Jones Industrial Average fell 26 points or 0.1%, giving up a 900-point surge from earlier in the day.
Although the Fed’s minutes shouldn’t be market moving, investors will get some insight into what the central bank is using as justification for its historic easing measures.