For our daily stock update, the S&P 500 is down 0.94% as well as the 10-year treasuries, which are down 1.94%. Oil on the other hand is up 0.57% and the dollar is down 0.26%.
So what do you need to watch for today? Earnings reports. Today is the official start of earnings season with Alcoa the first to announce after the close today.
Unfortunately it doesn’t look like many companies will post earnings increases causing the Dow and S&P 500 to go down an estimated 0.4%.
That’s all for today, make sure to follow us on Twitter @keeneonmarket and check out our new Sunday webinars!