FYI: After the FOMC came through in a big way for the bulls yesterday, equity futures are quiet this morning. Over in the Nasdaq, things are looking brighter as an 11% rally in Facebook (FB) following its earnings report last night has the stock on pace for its best earnings reaction day in three years! In more global macro data, the President is busy on Twitter this morning discussing the topic of Chinese trade and saying that no deal will be made until he personally meets with Chinese President Xi in the “near future.” Jobless Claims were just released and saying they surged would be an understatement, as they rose from 200K up to 253K, the highest weekly reading since September 2017! Read today’s Bespoke Morning Lineup for more on what’s driving the markets this morning.
Regards,
Ted
https://www.bespokepremium.com/morning-lineup/morning-lineup-jobless-claims-surge/
