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Any new pressure in core consumer prices in the CPI would be an unknown today, but markets are certain to focus on the outcome of the U.S.-North Korean summit.
The Federal Open Market Committee begins its two-day meeting today.
A ruling is expected in the DOJ’s antitrust trial against the AT&T and Time Warner merger.
Notable quarterly conference calls today include: Land’s End, John Wiley & Sons, Star Bulk Carriers, Digital Turbine, H&R Block, Oxford Industries.
S&P 500 Overview: Quiet melt-up continues Volatility low as money shifts between sectors.Defeated at 2800, what can bears do now?At current pace, "golden cross" in seven sessions.Lyft, Uber, Pinterest IPOs will likely draw Main Street attention to stock...
S&P 500 Overview: Upward momentum appears intact Index bounces at 200-day MA after pulling back from 2800.Fear indexes like VIX, gold and yen refusing to rally.Watch for breakout from tight range, possibly on Brexit clarity. Economy Refuses to Quit January retail...
S&P 500 Overview: Will 2800 Prove Resistance? Key level from last October, November, December.Index is furthest from 50-day MA greatest since 1/26/18.Good news of China calm priced in -- for now.Need signal before looking to get short.Likely better to focus on...