Good morning. US equity futures are moderately higher, sp +11pts, we're set to open at 2054. Metals are bouncing, Gold +$4. Oil is -0.5% in the $37s, ahead of the latest EIA oil report.
sp'60min
Summary
After 7 years... here we are.... its Fed day, and we're set for an interest rate rise.
Market mood is increasingly positive, and once we're pass 2.15pm or so... we should have a fair idea of where we're headed for the rest of the year.
early movers...
BAC +1.1%... higher rates would be bullish financials
DIS +2.1% in the $114s... as Star Wars starts to arrive
RIG +0.5%... energy stocks inclined for further gains
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Update from Riley
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Update from Oscar
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Overnight Asia action
Japan: +2.6%, back over 19k
China: +0.2% @ 3516
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Have a great Wednesday