FYI: .On the data front, mortgage applications are expected at 7a.m ET, followed by housing start numbers for September are expected at 08:30 a.m. ET.
.On Wednesday, Abbott Labs and U.S. Bancorp, M&T Bank and Winnebago are expected to report before the bell.
Global stocks advanced Wednesday, as a rally in the U.S. spread across Asia and continued in Europe.
The Stoxx Europe 600 was up 0.4% in early trading. In Asia, the Shanghai Composite gained 0.6%, Hong Kong’s Hang Seng was up 0.8% and Japan’s Nikkei climbed 1.3%.
Futures markets pointed to a .15% lower opening for the S&P 500.
The moves followed a roaring day for U.S. stocks on Tuesday, which saw them erase some recent losses, buoyed by strong corporate profits and positive U.S. employment data.
Regards,
Ted
WSJ:
https://www.wsj.com/articles/global-stocks-extend-rebound-1539763542Bloomberg:
https://www.bloomberg.com/news/articles/2018-10-16/asia-stocks-to-follow-u-s-rally-bonds-steady-markets-wrap?srnd=premiumIBD:
https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-netflix-amazon-csx-lam/Reuters:
https://www.reuters.com/article/us-global-markets/world-stocks-extend-rise-after-blockbuster-u-s-earnings-idUSKCN1MR01U?il=0CNBC:
https://www.cnbc.com/2018/10/17/us-futures-point-to-a-muted-open-after-the-dow-soars-by-over-500-points.htmlEurope:
https://www.cnbc.com/2018/10/17/europe-markets-brexit-talks-in-focus-after-wall-street-bounce.htmlAsia:
https://www.marketwatch.com/story/asian-markets-jump-following-wall-streets-big-gains-2018-10-16/printBonds:
https://www.cnbc.com/2018/10/17/us-treasury-yields-move-higher-ahead-of-earnings-fed-minutes.htmlCurrencies:
https://www.cnbc.com/2018/10/17/forex-markets-wall-street-dollar-yen-in-focus.htmlOil:
https://www.cnbc.com/2018/10/17/oil-markets-us-crude-inventories-opec-iran-crude-exports-in-focus.htmlGold:
https://www.cnbc.com/2018/10/17/gold-markets-the-fed-wall-street-rebound-in-focus.htmlCurrent Futures:
https://finviz.com/futures.ashx
