Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Support MFO
Donate through PayPal
The Breakfast Briefing: U.S. Futures Point To A Mixed Open As Oil Prices Surge
FYI: Dow futures were lower by 19 points, implying a negative open of 17.30 points. S&P 500 and Nasdaq futures were slightly higher. On the earnings front, Axa Equitable is set to report before the bell. Meanwhile, Eventbrite and Focus Financial will report after the bell.
U.S. stock index futures pointed to a mixed open Monday morning amid a surge in benchmark crude prices.
At around 3:40 a.m. CT, Dow futures were seen lower by 19 points, implying a negative open of 17.30 points. S&P 500 and Nasdaq futures pointed to a higher open on Monday.
The session could see low trading volumes as the bond markets are closed as the U.S. marks Veterans Day. On the earnings front, Axa Equitable is set to report before the bell. Meanwhile, Eventbrite and Focus Financial will report after the bell.
No economic data are expected on Monday. In the oil markets, prices jumped more than 1.5 percent after Saudi Arabia announced a supply cut for December and other producers also weighed output cuts heading into 2019. Regards, Ted
