Good morning. Happy Wednesday. The market is closed today in honor of President George Bush, 41st president of the United States.
The Asian/Pacific markets closed mostly down. Japan, China, Hong Kong, South Korea, India, New Zealand, Taiwan, Australia and the Philippines suffered stiff losses. Europe, Africa and the Middle East are currently mostly down. The UK, Poland, France, Germany, the UAE, South Africa, Finland, Switzerland, Norway, the Netherlands, Austria, Sweden and the Czech Republic are all down. Futures in the States point towards a positive open, but as stated above, the market will not open.
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PODCAST: with @ChicagoSean
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The dollar is down. Oil is down; copper is up. Gold and silver are down. Bonds are up.
Tuesday’s Key Earnings
Bank of Montreal (NYSE:BMO) -4.1% warning on economic growth.
Dollar General (NYSE:DG) -6.8% tightening profit guidance.
Hewlett Packard Enterprise (NYSE:HPE) -1.7% AH amid tech sector pressure.
Marvell (NASDAQ:MRVL) +4.8% AH beating expectations.
Today’s Economic Calendar
7:00 MBA Mortgage Applications
2:00 PM Fed’s Beige Book
8:15 PM Randal Quarles Speech
Other…
today’s upgrades/downgrades from briefing.com
this week’s Earnings from Morningstar
this week’s Economic Numbers/Reports powered by ECONODAY