Stocks Poised to Fall
Analysts with CNNMoney.com predicted another rough day of trading today, beginning with a pull back at the opening bell. A major factor contributing to the mixed results yesterday and today were comments in the Federal Reserve Bank’s policy statement from Wednesday.
Markets Drop, Fed Running Out of Options
One major worry in the United States economy today is that the Federal Reserve inactivity may be a sign of something else. The Federal Reserve may be “out of bullets”, so to speak.
Stocks Poised for Negative Performance
According to CNNMoney.com, markets in the U.S. are poised to carry over that negative performance into a lackluster morning. Investors seem unwilling to push for more trade volume before housing data is released later in the day.
Flat Morning Expected for Stocks
According to Reuters, index futures were little changed coming into the opening bell Friday morning, meaning markets may be flat for much of the morning. One factor that could lead to weak trading is an indication that slowing global economic growth could create a lag in oil demand.